WITHOUT Access To Massive Taxpayer Subsidies There Would Be No “Green Energy Revolution”

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ONE of the great propaganda lines of the climate change industry is the boom in ‘green energy jobs’ meme.

TAKE this example out of The Daily Advertiser:

Renewable energy: powering Australia in more ways than one

NO one would deny that job creation is a good thing especially in regional centres and remote locations in Australia. Areas with often high rates of unemployment and limited opportunity.

BUT, where the ‘green energy jobs’ argument falls down is not only in the longevity of the  full-time jobs available after installation, but in the fact that these jobs are a direct result of green central planning. Green jobs are like ‘Fiat money’ – a currency without intrinsic value established as money, often by government regulation.

WITHOUT massive government subsidies, estimated at $60 BILLION by 2030 under the Australian government’s RET (Renewable Energy Target), their would be no ‘green’ jobs as advertised by The Daily Advertiser. The private sector simply will not invest in weather-dependent ‘energy’ sources when in competition with cheap, efficient, reliable base-load sources like coal and gas on a dollar-for-dollar or subsidy-equalised basis.

Warren Buffet sums it up nicely:

“We get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.” – Warren Buffett

TELLINGLY, the piece by James Wright (chief executive officer of the Future Business Council) in The Daily Advertiser not once mentions the private sector as a direct player in the ‘green jobs boom’. His argument relies solely on government and politicians:

Policy uncertainty due to ongoing internal squabbles in the Federal Government is strangling the growth of this sector…”

“If politicians could simply commit to a modest and achievable 50 per cent renewable energy target, this would create 28,000 new jobs…”

“we can’t let backwards politics spoil this once in a generation opportunity…”

BEWARE The Big Government Blob!

WE only have to look at Germany’s €TRILLION green energy disaster – Energiewende – that has trashed the German economy, destroyed her industrial heartland and left hundreds of thousands of German’s disconnected from the grid, unable to pay their power bills.

GREEN central planning like economic planning of failed socialist regimes gone by is doomed for failure. Market distorting policies that pick winners only work until the money runs out.

THIS is the intrinsic problem faced when big government and statist green central planning displaces the commercial sector. Market mechanisms are eliminated, the very mechanisms that promote checks and balances and ensure accountability to make sure stuff works.

THE “green” energy revolution with its touted “green jobs” is largely survived by rent-seeking corporations entering the “save the planet” sector in pursuit of the lucrative government funds, grants and subsidies on offer, supported pro bono by the virtue-signalling, “save the planet” mainstream media.

GREEN JOBS?

WHAT is set to be Australia’s largest wind farm will provide only 20 full-time jobs once it goes into ­operation next year…

Australia’s biggest wind farm to generate just 20 full-time jobs

“Renewables are a welcome part of the energy mix but they don’t sustain long-term jobs or provide baseload power,” said Opposition Leader Deb Frecklington.

“Renewables are a welcome part of the energy mix but they don’t sustain long-term jobs or provide baseload power,” said Opposition Leader Deb Frecklington.

What is set to be Australia’s largest wind farm will provide only 20 full-time jobs once it goes into ­operation next year.

Construction started yesterday on AGL’s $850 million ­Coopers Gap wind farm at Cooranga North, 250km west of Brisbane, 10 years after it was proposed. The state government, which is committed to a 50-50 split between renewable energy and fossil fuel energy production by 2030, has endorsed the project, with Energy Minister Anthony Lynham turning the first sod.

Two hundred jobs will be created during construction of the 123-turbine, 453 megawatt facility, which will provide enough power for 260,000 homes.

—-

During the election campaign in November, Premier Annastacia Palaszczuk spruiked her clean energy policy at the under-­construction Clare Valley Solar Farm in north Queensland — a project that will employ up to 350 people during construction, but offer only five to 10 jobs once ­operational.

Australia’s biggest wind farm to generate just 20 full-time jobs | The Australian

PUFF PIECE ADVICE

ADVICE to marketers of the unreliable-energy jobs ‘revolution’. May I suggest lobbying the private sector and extolling the virtues of so-called “cheap, clean and green” energy to them, rather than writing propaganda, puff pieces in the daily rags and insulting the intelligence of your audience…the ones who now have to pay the highest power prices in the world thanks to the unreliable energy ‘revolution’!

DO let me know if any private sector orgs will take up an investment opportunity in the unreliabels sector without access to the $60 Billion taxpayer-funded RET…

H/t Craig Havenaar @Havenaar64

Unreliable-Energy-Hell Australia related :

  • IT’S OFFICIAL : South Australia Has The World’s Highest Power Prices! | Climatism
  • POLITICIANS Mad With Global Warming Theory Are Destroying The Economy And Hurting The Poor | Climatism
  • DIESEL – Keeping South Australia’s Lights On Til The Next Election! | Climatism
  • LIFE In A Fossil-Fuel-Free Utopia | Climatism
  • THE Twisted Irony of Deep-Green Energy Policy (RET) | Climatism
  • The Cost Of Going Green: Taxpayers Hit With A $60Bn Power Bill | Climatism
  • Simon Holmes à Court – Wind Weasel | Climatism
  • GREEN ENERGY FAIL – World Coal Power Development Up 43% | Climatism

 

ENERGIEWENDE Related :

  • GREEN Party Co-Founder : Germany’s Energiewende “An Economic, Social and Ecological Disaster” | Climatism
  • TRULY GREEN? How Germany’s #Energiewende Is Destroying Nature | Climatism
  • German Pols Now Demanding Energy Welfare For Its Citizens – 800,000 Have Had Their Electricity Cut Off!
  • Germany’s ‘Transition’ Back to Coal: Renewable Energy Push Smacks Into Reality | Climatism
  • Germany’s €Trillion Euro Disaster: Wind Power ‘Transition’ Destroys its Industrial Heartland | Climatism
  • German Wind Energy Market “Threatening to implode” | Climatism


BLACKOUT Nation: Insane ‘Reliance’ on Wind Power Delivers Pure Power Chaos

“A generation system that throws 2,000 MW into the grid over the space of minutes, without warning, and collapses by the same margin over the same time-frame, again without warning, and irrespective of the demands of users, is not a system, at all. It’s chaos.

Now that that chaos is repaying wind and sun worshippers with mass blackouts and forced load shedding across two States, slowly but surely the proletariat is reaching the same conclusion.”

SPOT-on STT.

“Never before in our recent history have we seen on this scale governmental incompetence and arrogant disregard for the well being of communities in the quest for green votes.”

YES Robert Gottliebsen.

STOP THESE THINGS

Alcoholics call it a ‘moment of clarity’. In wind powered South Australia and Victoria, hitherto fans of renewables call it a ‘mass blackout’.

In 1919, after Engineer/Soldier, Sir John Monash returned to his home town of Melbourne from the Western Front, to a hero’s welcome, he set about establishing an electricity grid that would serve his home State, and the coal-fired power plants located in the Latrobe Valley that would power it.

Immediately after the Armistice was struck with the Germans on 11 November 1918, Monash sent officers to infiltrate German coalmines near Cologne and elsewhere to get an understanding of how the Germans managed to achieve the successful use of their brown coal reserves, similar to those found in the Latrobe Valley. Armed with knowledge of the German’s techniques and engineering, Monash drove the development of those reserves and their exploitation, and Melbourne and Victoria never looked back: the…

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THE Staggering Cost of Keeping the Lights on in Wind ‘Powered’ South Australia

“Even the most virulent supporter of renewable energy can, after enough waterboarding, admit the link between more renewables and increased power prices.

“…and bring in diesel-powered generators to stop the lights turning off. It is surely the biggest admission that our renewables experiment has been a failure when you have to call in generators to burn pure fossil fuels.”

EXCELLENT read on the unreliable-energy fiasco that is wreaking havoc on the livelihoods of Victoria and South Australian taxpayers…

STOP THESE THINGS

Comparing 2016 (red) and 2017 (blue) average
wholesale prices of electricity by state

South Australians have a Labor government and its deranged, ideological obsession with wind and solar power to thank for their status as an international joke.

Paying the highest retail power prices in the world (with much worse to come – see above), routine load shedding and statewide blackouts, and a grid on the brink of collapse, is all the inevitable consequence of attempting to run an economy on sunshine and breezes.

One of the reasons things got this way (and it happened in a bit over 16 years) is the manner in which the useful idiots in the mainstream press pumped wind power, as if it was a sacred gift delivered by some magical and benevolent deity.

In South Australia, the wind cult kicked off around 2002 when its then Premier, Mike Rann started tilting at…

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ENERGY Prices Double In A Year In Victoria And South Australia!

DAN Andrews Vic PM

Victorian Premier Daniel Andrews. Picture: AFP

WELCOME to Chairman Dan’s unreliable-energy ‘devolution’! Expect more skyrocketing electricity prices, blackouts and load-shedding as Australia’s virtue-signalling, climate theory-obsessed politicians continue their jihad against what was Australia’s once proud boast – cheap, reliable, efficient baseload power.

LATEST shock report on Australia’s southern states skyrocketing power prices via The Australian (Climatism bolds and links added):

***

AVERAGE wholesale energy prices in Victoria and South Australia have more than doubled since this time last year, as experts warn that blackouts and supply issues are likely to increase as state governments chase ­aggressive ­renewable energy ­targets.

More than 2000 Victorian households remained without power yesterday after two days of heat triggered equipment failures and blackouts, opening up distributors to compensation claims.

The mass outages affected more than 60,000 residents, some of whom were cut off for more than 28 hours.

The outages struck as new data showed the average wholesale energy price in Victoria climbed to $139 this month, up from $62 in January last year. In South Australia, the wholesale average price for January climbed to almost $170, up from $84 a year ago, whereas prices fell in NSW and Queensland to about $75.

The pricing data has angered energy experts, who say blackouts and supply ­issues are likely to increase and prices are likely to rise as the Victorian and South Australian governments pursue renewable energy targets without prioritising power sources that can supply baseload power.

Grattan Institute energy ­director Tony Wood said Sunday’s and Monday’s blackouts and high pricing showed that the state had botched its energy transition program by allowing baseload power sources — such as the Hazelwood power station — to be replaced by renewables, which delivered intermittent power.

“We’re dealing with a complex transition and it hasn’t been ­managed very well so far,” Mr Wood said. “That’s why we’ve seen local outages and high prices on the weekend, and that’s the reason why wholesale prices are substantially higher this year than last year.

It’s a reflection of a failed policy. We’re transitioning away from centralised, cheap but dirty power stations, but we’re not ­replacing these stations with sources that are just as stable.”

Power Pain.jpg

The Andrews government last year broke away from other states and territories by instituting its own Victorian Renewable Energy Target, with a plan for renewables to power 40 per cent of the state’s energy needs by 2025.

Mr Wood said the energy supply could get patchier and the state could emerge as a net importer of electricity as the government replaced coal-fired power stations with solar and wind and other intermittent power sources, which did not fire 24 hours a day.

Federal Energy Minister Josh Frydenberg confirmed that the weekend power outages were the result of distribution rather than supply issues, but said the state government needed to do more to boost reliability.

He urged Victorian Premier Daniel ­Andrews to rethink the ­renewable energy target while branding South Australia’s renewables plan an experiment gone “horribly wrong”.

“Reliability standards for networks are set by state governments,” Mr Frydenberg said. “AEMO (Australian Energy Market Operator) have highlighted that supply in Victoria is tight and that is why we have called upon the Andrews government to drop its reckless state-based renewable energy targets and mindless bans on gas.

“Jay Weatherill’s ‘big experiment’ has gone horribly wrong. South Australia has the highest prices and the least stable energy system in the country and, despite the bravado in the lead-up to summer, their energy problems remain. Just a couple of weeks ago, South Australia’s prices reached $14,200 a megawatt hour, while at the same time they were $89 a MWh in NSW and $85 MWh in Queensland.

“The wind turbines, which can produce 100 per cent of energy on one day and zero on another, were not blowing when needed most, providing less than 5 per cent of power and Jay Weatherill’s big battery less than 1 per cent.”

Australian Power Project chief executive Nathan Vass warned that Victoria’s energy supply with a larger proportion of renewables likely would have buckled under conditions such as those of Sunday night.

“Batteries and solar would not have saved Victoria as over 17,000 Victorians had no power throughout the night, when the sun isn’t shining,” Mr Vass said.

“Pairing renewables with battery storage wouldn’t have done much to alleviate the blackout. By way of example, the Tesla battery facility in South Australia only provides power for an hour to 30,000 homes.”

Release of the wholesale pricing data in South Australia — and data showing South Australia still has the highest prices in the National Electricity Market — prompted state opposition energy spokesman Dan van Holst Pellekaan to savage a claim by Mr Weatherill that his $550 million “self-sufficient” energy plan was producing the lowest power prices in the national market.

“South Australians are furious about the outrageous price of electricity they pay and tired of the Weatherill government’s refusal to accept responsibility,” Mr van Holst Pellekaan said.

SA Energy Minister Tom Koutsantonis said wholesale power prices were “notoriously volatile”. “Since August, wholesale power prices in South Australia have been consistently cheaper than Victoria, and in September and October, SA had the cheapest wholesale prices of mainland states in the National Electricity Market,” he said.

In Victoria, Mr Andrews blamed the outages on the Coalition’s decision to privatise the state’s energy assets in the 1990s. “Fact is, there was more than enough power being generated to meet the demand yesterday — but the private companies and their distribution systems failed yet again,” he said on Twitter.

Mr Andrews said he would push for distributors to pay compensation to households that were left for long periods without power.

Wholesale energy prices double in a year in Victoria and South Australia | The Australian

•••

TELLING observations of VIC / SA demand during the peak of the energy meltdown on Sunday 28th at 15:30…

Tomfoolery2007 :

I captured the generation chart at at 15.30 Sunday. Victoria not meeting demand… Note: SA pumping out 199MW of Diesel Gen, Battery useless at 1MW…!

SA generation chart 15-30 Sunday.jpg

NOTE “Liquid Fuel”. This relates to the $360 million worth of “green” diesel generators imported by Jay Weatherill’s SA government to cover up its renewables debacle…

DIESEL – Keeping South Australia’s Lights On Til The Next Election!

AS for Elon Musk’s giant toxic battery pack boondoggle…the numbers don’t lie (1MW for another ~$200 million of taxpayer hard-earned!).

MY sympathies to all the South Australians and Victorian’s who didn’t vote for this energy insanity.

•••

VIC Blackout Related :

  • TENS Of Thousands Of Homes Across Victoria Without Power As System Buckles Under Heat – Welcome To Your Wind Powered Future! | Climatism

Australia Unreliable-Energy Debacle Related :

  • THE Insane Result Of The Mad Switch To Costly, Symbolic, Unreliable Energy – Wind and Solar | Climatism
  • CHEAP ENERGY – Australia’s Greatest Economic Advantage Sacrificed At The Altar Of Climate Change | Climatism
  • A Totally Idiot Made Electricity Disaster | Climatism
  • Australian Summer Forecast: More Blackouts & Rocketing Power Prices | Climatism
  • IT’S OFFICIAL : South Australia Has The World’s Highest Power Prices! | Climatism
  • POLITICIANS Mad With Global Warming Theory Are Destroying The Economy And Hurting The Poor | Climatism
  • DIESEL – Keeping South Australia’s Lights On Til The Next Election! | Climatism
  • LIFE In A Fossil-Fuel-Free Utopia | Climatism
  • THE Twisted Irony of Deep-Green Energy Policy (RET) | Climatism
  • Simon Holmes à Court – Wind Weasel | Climatism
  • Survey: South Australians Fed Up with Unreliable Expensive Green Power | Climatism
  • STABLE and Reliable Coal-Fired Power Still the Cheapest By a Country Mile | Climatism
  • Elon’ll Fix It! | NOT A LOT OF PEOPLE KNOW THAT

Unreliables Related :

  • UNRELIABLE Energy – Wind and Solar – A Climate Of Communism | Climatism
  • TRULY GREEN? How Germany’s #Energiewende Is Destroying Nature | Climatism
  • German Pols Now Demanding Energy Welfare For Its Citizens – 800,000 Have Had Their Electricity Cut Off!
  • WIND TURBINES Are Neither Clean Nor Green And They Provide Zero Global Energy | Climatism
  • Adding More Solar And Wind Power ‘Doubles’ CO2 Emissions | Climatism
  • THE $Trillion Windmill Industry Is The Greatest Scam Of Our Age | Climatism
  • Over 100,000 People in Green Energy South Australia Now Receive Food Donations | Climatism
  • Green Power is Part Time Power  | Climatism
  • America’s Top Green – Michael Shellenberger – Pushes Nuclear Future & Calls Wind & Solar ‘The Worst for the Enviroment’ | Climatism

Back In The Real World…

World Coal-Fired Power Surge Related :

  • GREEN ENERGY FAIL – World Coal Power Development Up 43% | Climatism
  • Japan Infuriating Enviros By Building 45 New Coal Power Plants | Climatism
  • $7.5bn worth of coal-fired power plants planned for Vietnam | Climatism
  • Coal To Remain India’s Main Energy Source For At Least 30 Years, Govt Confirms | Climatism
  • China’s Production Of Electricity From Coal Surges To Record Levels | Climatism

‘Green’ Premiers Red-Faced: Wind Power Fiasco Ends in Dirty Diesel Debacle

DIESEL generators hooked up to energy networks in Australian states with a heavy reliance on “green” energy as part of a last-ditch effort to keep the lights on this summer!

SO, climate theory obsessed politicians blow up and decommission baseload “dirty” fossil-fuel power stations, to stop bad weather, and replace them with “dirty” fossil-fuel diesel generators to stop blackouts!

YOU literally can’t make up this unreliable-energy-insanity stuff up anymore.

AND the further cost to taxpayers already skyrocketing power bills!!

🤦‍♂️

STOP THESE THINGS

SA’s Premier: dogged by dirty diesel debacle.

Australia’s ludicrous attempt to run on sunshine and breezes sometimes reads like the farcical plot of an episode of Blackadder or Fawlty Towers.

In a ‘you couldn’t make this up if you tried’ moment, Australia’s ‘greenest’ States, Victoria and South Australia (which has been forced to wear its mantle as ‘Australia’s wind power capital’, more like a crown of thorns), have been reduced to running on diesel generators.

Consumers set to cop cost of diesel back-up
The Australia
Samantha Hutchinson
14 November 2017

Victorian consumers could foot the bill for a summer energy plan using diesel generators as a stopgap during periods of peak ­demand.

In an about-face by the Andrews government, diesel generators will pump up to 100 mega­watts of power into Victoria’s energy grid as back-up in case of extreme heatwaves this summer.

The plan by the Australian ­Energy Market Operator…

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Energy Security Australia – McCrann: Prime Minister Turnbull’s Electricity Plan Will Fry The Liberals

ONE of the great political parties of the world – the (once-conservative) Liberal Party, destroyed by a globalist, hard-Left, climate zealot PM – Malcolm Turnbull…

PA Pundits - International

By Andrew Bolt ~

Background:

This recently released policy for the ongoing security of electrical power generation here in Australia is drawing criticism from virtually every quarter, and that reflects back onto the Prime Minister, Malcolm Turnbull. Where you see the word ‘Liberal’ here, this refers to the Major Coalition partner in the Australian Government, The Liberal party of Australia, and that party is the largest political party from the Conservative side of the political fence here in Australia…..TonyfromOz.

Australia’s Minister For The Environment And Energy Josh Frydenberg And Prime Minister Malcolm Turnbull

(Andrew Bolt continues)

Terry McCrann:

Malcolm Turnbull and Josh Frydenberg have made a deliberate decision to lose the next election and to lose it badly. The rest of the joint party room voted to endorse the decision, an indeterminate number of Liberal and National members voting for an early retirement.

This is the irresistible and even more…

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Over 100,000 People in Green Energy South Australia Now Receive Food Donations

“Mainstream politicians who put the green religion ahead of constituents struggling to feed their families, like the green leaning socialists currently presiding over South Australia’s misery, will have an increasingly difficult time winning elections in Australia.”

AUSTRALIA’S unreliable-energy crisis – entirely man-made, by climate theory-obsessed politicians from both sides of the aisle and a compliant mainstream media.

WATCH the rise of the true conservative parties at the next election – Pauline Hanson’s “One Nation” and especially, Cory Bernardi’s “Australian Conservatives”.

Watts Up With That?

Guest essay by Eric Worrall

Power prices in the Australian Renewable Energy Paradise of South Australia have driven 102,000 South Australians to beg for help from food charities, according to a major South Australian Newspaper.

More than 102,000 South Australians seeking food donations, forced to skip meals to pay bills

Liz Walsh, Sheradyn Holderhead, The Advertiser
October 15, 2017 11:31pm

MORE than 102,000 South Australians seek help from food charity Foodbank every month, as parents skip meals for days on end so children can eat and utility bills can be paid, astonishing figures show.

About one quarter — or 26,877 — of those seeking food assistance are children.

The alarming figures have been released today in Foodbank’s 2017 Hunger Report, which also shows that demand from South Australians needing food has increased 21 per cent over the past 12 months, up from 84,847 last year and 56,000 the year before.

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RET Driven Power Price Hike Bites: Cost of Australia’s Renewable Energy Madness Crushing Consumer Confidence

“The outlook isn’t encouraging either, with the full effect of higher energy bills yet to be felt,” said Capital Economics chief economist Paul Dales.”

FEAR NOT! The (inept) Turnbull Governments’ latest solution to Australia’s electricity crisis – to pay consumers for turning their AC off during summer for a $25 voucher – should save the day…and their government. Not!

More fake fixes to a fake catastrophe.

Stupidity on steroids.

STOP THESE THINGS

Australian power consumers have just started opening their winter power bills, which are fully 20% higher than this time last year. By comparison, Australia’s underlying rate of inflation is around 1.5%.

The consequences for the economy, as a whole, are just starting to bite.

Restaurants, bars and retailers are copping it from both ends.

Business customers – often on retail power contracts with fixed prices for two or three years – are watching their power costs almost double, as they enter new contracts with prices fixed at the current rates.

And the customers who consume what these businesses hope to offer, have been forced to cut back on expenditure, simply to be in a position to pay their own rocketing power bills. Some might call it a vicious circle.

STT calls it a self-inflicted economic suicide.

Shoppers stay away as power costs bite
Adam Creighton
The Australian
6 October 2017

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THE Insane Result Of The Mad Switch To Costly, Symbolic, Unreliable Energy – Wind and Solar

Green cave men.jpeg

“Few things are so deadly as a misguided sense of compassion.” – Charles Colson

WE really are living in the age of collective, global warming climate change insanity. We will look back on this era of “save the planet” virtue-signalling and wonder what the hell were we thinking…

PAYING YOU TO USE LESS OF THE GREEN POWER THEY FORCED YOU TO PAY FOR

Paying you $36 million  to use less, not spending our money instead to provide more:  

The federal government will pay households and businesses across three states to turn down their air conditioning, furnaces and cool rooms to stave off blackouts during peak demand.

Under a $36 million program to be launched today by Energy Minister Josh Frydenberg, thousands of households in NSW, Victoria and South Australia will also be ­invited to voluntarily cut their ­energy use in return for incentives such as rebates on power bills.

SO they’ve spent your money on subsidising green power, and having run short of electricity will now spend your money to use less of it. Meanwhile your power bills keep rising.

AND remember: none of this will cut the world’s temperature. It’s all for nothing.

DOESN’T this strike you as stark, staring, raving mad?

•••

Fuel-Poverty (RET) Related :

  • A Totally Idiot Made Electricity Disaster | Climatism
  • Australian Summer Forecast: More Blackouts & Rocketing Power Prices | Climatism
  • IT’S OFFICIAL : South Australia Has The World’s Highest Power Prices! | Climatism
  • POLITICIANS Mad With Global Warming Theory Are Destroying The Economy And Hurting The Poor | Climatism
  • DIESEL – Keeping South Australia’s Lights On Til The Next Election! | Climatism
  • LIFE In A Fossil-Fuel-Free Utopia | Climatism
  • THE Twisted Irony of Deep-Green Energy Policy (RET) | Climatism
  • Simon Holmes à Court – Wind Weasel | Climatism

World Coal-Fired Power Surge Related :

  • GREEN ENERGY FAIL – World Coal Power Development Up 43% | Climatism
  • Japan Infuriating Enviros By Building 45 New Coal Power Plants | Climatism
  • $7.5bn worth of coal-fired power plants planned for Vietnam | Climatism
  • Coal To Remain India’s Main Energy Source For At Least 30 Years, Govt Confirms | Climatism
  • China’s Production Of Electricity From Coal Surges To Record Levels | Climatism

Unreliable Energy Related :

  • China Counts the Staggering Cost of its Wind Power Experiment | Climatism
  • Renewables Retreat: China Slaps Ban on New Wind Power Projects | Climatism
  • Germany’s €Trillion Euro Disaster: Wind Power ‘Transition’ Destroys its Industrial Heartland | Climatism
  • Adding More Solar And Wind Power ‘Doubles’ CO2 Emissions | Climatism
  • Is The Energiewende Running Out Of Steam? | Climatism
  • Germany’s Energiewende Nightmare: Grid Collapse Looms Due to Erratic Wind & Solar | Climatism

Reported Plunge in Renewable Costs Prompts Aussie Government to Pull Subsidies

“Of course, if claims of renewable and energy storage cost parity with fossil fuels all turn out to be a pack of marketing spin, with market normality restored most existing Aussie renewables businesses will die by the invisible hand of Adam Smith.”

ADAM Smith’s hand has just become the most feared wrecking ball within the green centrally-planned ‘Unreliables’ industrial gulag!

VIVA LA Capitalism and free market forces to finally drive down the obscene cost of Australia’s green-spiked power bills.

Watts Up With That?

Guest essay by Eric Worrall

The Australian government is so impressed by the alleged plunge in renewable and battery storage costs they think it will no longer be necessary to subsidise renewables.

Coalition rethinks need for clean energy target as renewable cost plunges

The Turnbull government is rethinking the need to adopt a clean energy target, believing the rapidly falling cost of renewable energy means there may no longer be a requirement for subsidies.

In the keynote address to The Australian Financial Review National Energy Summit, federal Energy Minister Josh Frydenberg will highlight the falling costs of wind and solar energy, including battery storage capacity, as he stresses emissions reduction cannot come at the expense of reliability and affordability.

It is challenging but possible to simultaneously put downward pressure on prices and enhance the reliability of the system, while meeting our international emissions reductions targets,” he will…

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