Descent Into Chaos: Australia’s Renewable Energy Policies Implode As Power Prices Rocket Out of Control

Blind panic doesn’t cover it: Australia’s energy crisis has MPs and rent-seekers running around like chooks with their heads cut off. Retail power prices (see above) have jumped anywhere between 20 and 28% in the last 12 months, in those states with major wind and solar capacity – adding to 13-20% increases, the previous year. Energy … Continue reading "Descent Into Chaos: Australia’s Renewable Energy Policies Implode As Power Prices Rocket Out of Control"

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July 30, 2018 at 02:30AM

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