Tag: wind power costs

Kill the RET and Save the Poor

The REC Tax that comes with the RET is the most regressive tax of all.  The impact on the poorest and most vulnerable is punishing and has led to the new phrase of our time – “energy poverty”. Germany has disconnected some 800,000 homes from its grid simply because they can no longer afford their … Continue reading Kill the RET and Save the Poor

Miners gang up on the RET

Australia’s miners have carried its economy along on a wave of investment and export growth over the last 20 years – so when they talk – governments listen (see our post here). Here’s a cracking piece by Minerals Council Chief, Brendon Pearson that appeared in The Australian. No end in sight to soaring electricity prices … Continue reading Miners gang up on the RET

Europe ditches green economics

With their renewables experiment fast starting to look like a costly disaster, Europeans are quickening the pace in their rush to bring the insanity to an end. Europe Starts To Run, Not Walk, Away From Green Economics Investors.com 5 February 2014 Energy Policy: The media aren't paying much attention, but in recent weeks Europe has decided … Continue reading Europe ditches green economics

Dennis Shanahan: time to scrap the “secret” carbon tax

**** The Australian’s Dennis Shanahan has come out swinging against the RET – calling it the “secret” carbon tax that simply has to go. Abbott finds energy to act on ‘secret’ carbon tax The Australian Dennis Shanahan, comment 18 February 2014 AFTER years of shadow boxing, Tony Abbott has finally decided to act on the … Continue reading Dennis Shanahan: time to scrap the “secret” carbon tax

Call to Scrap RET goes from Whisper to Roar: BCA joins the queue

Renewable energy target distorting market: BCA The Australian Annabel Hepworth 14 February 2014 THE nation’s peak business group has warned that the controversial renewable energy target — already blamed for distorting the $11 billion National Electricity Market — could become more expensive when the carbon tax is repealed. In a submission obtained by The Australian, … Continue reading Call to Scrap RET goes from Whisper to Roar: BCA joins the queue

Burchell Wilson: The RET is corporate welfare on a massive scale

The Government's review of the impact of the RET on power prices is expected to result in either a massive cut to the renewable energy target - or the scrapping of it outright - a move backed by the Australian Chamber of Commerce and Industry's Chief Economist Burchell Wilson. Burchell Wilson has already given the … Continue reading Burchell Wilson: The RET is corporate welfare on a massive scale

US Renewable Guru commits heresy – once the facts are known support for fans plummets

Many STT readers will be aware that both the Australian government (where are you Greg Hunt) and the Clean Energy Regulator have been conspicuously silent amid allegations of fraudulent payments running to hundreds of millions of dollars relating to RECs - aka Large-scale Generation Certificates (LGCs) - created by non-compliant wind factories such as Waubra, … Continue reading US Renewable Guru commits heresy – once the facts are known support for fans plummets

Ben Acheson – Wind Energy: Chalk it Up As a Loss

Ben Acheson writes for the Huffington Post. He's also the Energy and Environment Policy Adviser and Parliamentary Assistant to Struan Stevenson MEP at the European Parliament in Brussels. In addition to his expertise on Energy and Environment issues, he has an in-depth knowledge of regional security in Central Asia, animal welfare within the European Union … Continue reading Ben Acheson – Wind Energy: Chalk it Up As a Loss

Nick Xenophon slams “reckless” CERES Project as an “economic kick in the guts” for SA

**** SA’s favourite Greek, Senator Nick Xenophon has teamed up with Frontier Economics’ Danny Price to absolutely hammer the ludicrous plan to spear 197 giant fans into SA’s agricultural Heartland on Yorke Peninsula. While we noted yesterday that the chances that the Ceres project will ever be built are slimmer than a German supermodel – … Continue reading Nick Xenophon slams “reckless” CERES Project as an “economic kick in the guts” for SA

Greens live in a state of constant denial

**** With the race on to kill the Renewable Energy Target stone dead - Australia's so-called "Greens" are working overtime to save it and their wind industry clients. The Greens have become a fully paid up front for the wind industry - struggling Danish fan maker, Vestas has poured $millions into Green coffers and is … Continue reading Greens live in a state of constant denial