Hostages to a renewable ruse The Australian Nick Cater 29 July 2014 The Abbott bashers are unwittingly siding with crafty merchant bankers. THE power couple. If there is a sound more pitiable than the whine of a pious environmental activist, it is the wail of a financier about to do his dough. The mournful chorus … Continue reading Nick Cater: the Mandatory RET the Greatest Rort of All Time
Tag: wind power subsidies
Sun, wind and drain: the Hidden and Obscene Cost of Wind Power
Wind power doesn't run on wind, it runs on subsidies. And the cost of these subsidies goes way beyond direct financial incentives; such as the REC Tax levied on all Australian power consumers - and extends to the cost of conventional generators holding sufficient spinning reserve and fast-start-up Open Cycle Gas Turbines - both forced … Continue reading Sun, wind and drain: the Hidden and Obscene Cost of Wind Power
Business Calls for RET Retreat to Save Real Jobs
Corporate call for Clive Palmer to retreat on Renewable Energy Target Sid Maher The Austrlian 25 July 2014 CLIVE Palmer faces pressure to allow changes to the Renewable Energy Target after business groups released modelling showing the existing scheme will drive up power prices by $49 a year per household over the next decade and … Continue reading Business Calls for RET Retreat to Save Real Jobs
Time to Kill the Mandatory RET & Bring Power Prices Back to Earth
Abbott must keep calm and cut power prices The Australian Gary Johns 15 July 2014 THE British government in 1939 created the phrase “Keep Calm and Carry On” to prepare Brits for German attacks during World War II. The Abbott government should adopt it, and take heart. Of course, the slogan belied the preparedness to … Continue reading Time to Kill the Mandatory RET & Bring Power Prices Back to Earth
Burchell Wilson: Sectors Should Join to Beat the RET
Burchell Wilson holds the chief economist role at the Australian Chamber of Commerce and Industry. He's been on the front foot for some time now, seeking the abolition of the mandatory RET - which he sees as "corporate welfare on a massive scale". Here's Burchell unloading in today's Australian. Sectors should join to beat … Continue reading Burchell Wilson: Sectors Should Join to Beat the RET
Mandatory RET Threatens Jobs & Australian Energy Security
The mandatory RET not only threatens thousands of real jobs, it's threatening Australia's energy security. The perverse market distortion created by the RET allows wind power outfits to dump electricity at prices approaching zero, on those occasions when the wind is blowing (see our post here). The result being that incumbent generators are precluded from … Continue reading Mandatory RET Threatens Jobs & Australian Energy Security
Angus Taylor Joins the Wind Farm Rumble to Save Rugby & Rye Park
A little while back, in covering what "community division" caused by wind farms really means, we touched on a developer's "community consultation" that took place at Rye Park (near Goulburn) in NSW (see our post here). The “community consultation” in question was held by Epuron – an outfit hoping to develop what it calls the … Continue reading Angus Taylor Joins the Wind Farm Rumble to Save Rugby & Rye Park
German Energy Giant E.On says: It’s Time for Wind Power to Grow Up
The wind industry is a lot like Peter Pan – the eternal child, who will fight, kick and scream to avoid the stark reality of adulthood. How often have we heard the yarn about wind power needing a fat pile of subsidies (filched from taxpayers and power consumers) for just that little bit longer to … Continue reading German Energy Giant E.On says: It’s Time for Wind Power to Grow Up
Wind Farms & “Community Division”: Tales from Rye Park (NSW) & Northumberland (UK)
*** Naked greed, institutional corruption and State-sanctioned corporate bullying and thuggery are part and parcel of the wind industry, wherever you go. We recount below a tale from Northumberland that could have been written anywhere that giant fans have been slung up in the world. In tales like these the phrase “community division” often appears. … Continue reading Wind Farms & “Community Division”: Tales from Rye Park (NSW) & Northumberland (UK)
Spain’s Renewable Energy Disaster Draws to a Close
**** Spain has been held up by the gullible and naïve (some might say, cynical and malign) hard-green-left as the model for our “new” energy future. Some “model”!! The Spaniards have thrown 100s of billions of euros in subsidies at solar and wind power, and have achieved nothing but economic punishment in return. The power … Continue reading Spain’s Renewable Energy Disaster Draws to a Close
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