Rent-Seeker’s Nirvana: Ultra-Rich Pocket $Billions in Wind & Solar Subsidies at Our Expense

The hundreds of $billions paid in subsidies to intermittent wind and solar constitute the largest wealth transfer in economic history. In Australia, the Federal Government’s Large-Scale RET gouges $60 billion from power consumers over the life of the scam, and redirects it to such worthy outfits as AGL and our favourite whipping boys, Infigen. In the […]

Subsidised Wind & Solar Driving Australian Power Prices Through the Roof

Power prices matter: and they matter most to society’s poorest and most vulnerable. In less than a dozen years, Australia went from enjoying the cheapest power in the world, to suffering the world’s most expensive. In the last three years power prices have risen at double-digit rates: 20 to 24% last year and 13 to […]

Renewable Energy Zealots Surrender: Coal Will Continue to Power Australia for 20 More Years

Renewable energy zealots claim spiralling power prices and rolling blackouts are just ‘teething troubles’ as we ‘transition’ to our 100% all RE future. On their worldview, it’s a matter of when, not if, modern economies end up completely ditching ‘dirty’ coal-fired power plants, and otherwise wean themselves off fossil fuels, altogether. Trouble is, in places […]

Power Politics: Rocketing Power Prices Demand Immediate End to Wind & Solar Subsidies

The causes of Australia’s self-inflicted renewable energy disaster are all political; and have nothing to do physics, engineering, the weather or some kind of fossil-fuelled conspiracy. The policies were deliberately designed to destroy Australia’s affordable and reliable power supplies. And, according to their purpose, they’ve done just that. Last week, the Australian Competition & Consumer […]

Outing Nature’s ‘Outages’: Chaotic Wind Power Output Drives Rocketing Australian Power Prices

Australia’s Energy Minister, Josh Frydenberg has just bagged the Pinocchio Award for his continued line about falling power prices. Instead of retail relief, power consumers have been whacked by jumps of between 20 and 28% this year, on top of 20% increases, last year. The reason for rocketing power prices is the ‘behaviour’ of generators, […]

Liberal MPs Demand End to Australia’s Economy-Wrecking, Hidden $60bn Federal Power Tax

Already suffering the world’s highest power prices, Australian power consumers have watched prices jump by anything up to 28% in 12 months. The greatest increases occurred, funnily enough, in the all-renewable obsessed Australia Capital Territory, home to the Australian Federal Parliament in Canberra. The ACT entered power purchase agreements to buy wind power generated (occasionally) […]

No Way Back From RE Disaster: Energy Minister Abandons Australia’s Power Consumers

What passes for political leadership in this country is engaged in a wind and solar-fuelled economic suicide mission. Subsidies to grid wrecking wind and solar (when soft loans, green schemes and taxpayer handouts are added) are pushing $5 billion a year, punishing households and businesses alike. As wind and solar power capacity increases, power prices […]