Renewables Disaster Deepens: Power Costs to Australian Businesses Triple

STOP THESE THINGS

Brought to you by costly, subsidised, occasional power …

It’s almost as if Australia’s rocketing power prices, unstable grid, load-shedding and blackouts were an unexpected surprise, something that must’ve been introduced by intergalactic forces.

Here’s an extract from a Press Release STT put out back before the Wind Power Fraud Rally in Canberra in June 2013:

PRESS RELEASE: 7 MAY 2013

Wind Power Fraud – Australia Can’t Afford it

Power bills have sky-rocketed and are set to double again – and all because of wind power.

Wind turbines are going up throughout rural Australia in an effort to satisfy the Federal Government’s 2020 Renewable Energy Target (RET).

Every turbine is issued between 8,000 to 10,000 Renewable Energy Certificates (RECs) every year, which is, in effect, a Federal Government tax on power consumers. Each REC is currently worth around $35: a single turbine will be issued between $280,000 and $350,000 worth…

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About Jim Rose

Utopia - you are standing in it promotes a classical liberal view of the world and champion the mass flourishing of humanity through capitalism and the rule of law. The origin of the blog is explained in the first blog post at https://utopiayouarestandinginit.wordpress.com/2014/03/12/why-call-my-blog-utopia-you-are-standing-in-it/

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