Articles filed under Impact on Economy from Australia

Energy expert warns green targets could cause European-style ‘mess’

“While emissions-reduction policies are politically fashionable, the obvious result of the EU’s policies has been ... growing backlash at the soaring cost of the renewable-heavy mandates. The backlash is also coming from rural landowners who are inflamed by the encroachment of large wind-energy projects on their neighbourhoods. This backlash has forced European policy makers to begin scaling back their plans.”
9 Dec 2016

High South Australia energy prices hit Arrium hard

Rising energy prices fuelled by South Australia's ambitious renewable energy target  have helped send stricken Whyalla steelmaker Arrium cap in hand to governments seeking $150 million-plus in taxpayer aid. Higher energy prices may have added as much as $12 million to Arrium's annual costs, with rising gas prices and South Australia's wind and solar power among the main culprits. 
29 Jun 2016

Prices swing wildly as renewable use rises

"[South Australia] has moved so far ahead of the rest of Australia in terms of changes of generation", with a prominent role for renewable energy which has forced the closure of coal-fired power stations, he said. "Not only are they paying through the nose for their electricity, but with large price declines last year, and now the big rises this year – you can't get stability in household budgets.
16 Jun 2016

Greens clueless on energy

In short, if campaigners get their wish and fossil fuels are phased out by 2040, the world will face an energy gap of at least 9.2 billion tonnes of oil equivalent. That is the equivalent of 147 countries with no energy. To illustrate, an energy gap like that would mean that the 56 nations of Africa, the 44 nations of Latin America, the 12 nations of the Middle East and 35 nations in Asia, including China, would have to exist without energy.
16 Jan 2015

Chief economist backs cut to renewable energy targets

"Look, the Renewable Energy Target is - it's corporate welfare on a massive scale directed towards the renewable sector. I don't know why anyone would have any level of sympathy for businesses that - they don't employ many people, that they don't export anything and they've surreptitiously imposed these massive costs on energy consumers for the sake of lining their own profits."
17 Feb 2014

Climate policies helped kill manufacturing, says Maurice Newman

Maurice Newman also says climate change policies driven by "scientific delusion" have been a major factor in the collapse of Australia's manufacturing sector. Mr Newman said protection of climate change policies and the renewable energy industry by various state governments smacked of a "cover-up". Mr Newman's comments follow those of Dow Chemicals chairman and chief executive Andrew Liveris, who said Australia was losing its natural advantage of abundant and cheap energy.
31 Dec 2013

http://www.windaction.org/posts?location=Australia&topic=Impact+on+Economy&type=Article
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