Frydenberg’s Folly: Australia’s Renewable Energy Target Destined to be Capped or Scrapped

When a policy is unsustainable, either it will collapse under its own ponderous weight, or its promoters will eventually be forced to scrap it. Australia’s Large-Scale Renewable Energy Target is just such a policy. In the cutting British satire, Extras, the hapless Andy Millman (Ricky Gervais) is always foiled by his gormless but lovable side-kick, […]

Wind Industry’s Deathknell: Wind Power Shortfall Means Power Consumers Will be Forced to Pay $20 Billion in Fines

*** While the short-term fortunes wind power outfits have never looked brighter, the fact that the price of RECs (aka LGCs) has recently gone through the roof is a signal that the game is all but up. Before we detail why the wind industry is on its last legs, we’ll start with a couple of […]

Wind Industry Still Wailing About ‘Uncertainty’ as Australian Retailers Continue to Reject Wind Power ‘Deals’

[Could it be something about the ‘product’, maybe?] Back in February this year, STT covered the unassailable fact that Australia’s Large-Scale Renewable Energy Target (LRET) – then set at a colossal 41,000 GWh – was completely unsustainable on every level – economic, political and social: LRET “Stealth Tax” to Cost Australian Power Punters $30 BILLION […]

Australian Wind Industry’s ‘Armageddon’: PM Chops Public Finance for Wind Power

**** To call the mood amongst the wind industry, its parasites and spruikers “hysterical” is mastery in understatement. Their future is not just dark and dismal; it’s heading from catastrophic to cataclysmic. On every battlefront the wind industry is taking a pounding. New research confirming adverse health effects caused by incessant low-frequency noise and infrasound […]

Germany’s Wind Power Debacle: Economic Destruction on an “Astronomical Scale”

**** STT keeps a close eye on Germany. It’s held up by eco-fascist nut jobs around the globe as the wind power “Super Model” – although, as we pointed out in this recent post, their “pin-up girl” is looking a little worse for wear: Germany’s Wind Power ‘Dream’ Becomes a Living Nightmare Last week – […]

Community Wind Farm Investors Losing their Shirts

**** As the wind industry Ponzi scheme unravels around the globe, it’s so-called “community wind farms” that are taking a pounding. In the US, a bunch of farmers got fleeced for $millions as a wind power outfit running two small wind farms went belly up on the prairie (see our post here). STT has also […]

Wind Industry Howls & Predicts Mass Exodus from Australia as Subsidy Trough Dries Up

Australian windfarms face $13 bln wipeout from political impasse Reuters Byron Kaye 9 February 2015 * PM Abbott wants to cut state support for industry * Labor opposition won’t back cutting clean energy target * Uncertain support regime is causing a freeze in investment * Some predict an exodus of investment SYDNEY, Feb 8 (Reuters) […]