Australian government bans wind farm subsidies, restricts solar

Posted: July 12, 2015 by oldbrew in government, wind
Tags: ,

[image credit: BBC Scotland]

[image credit: BBC Scotland]


From ‘green bank’ to green blank:

Australia has slammed the door shut on any new government-funded investment in renewable energy schemes as Prime Minister Tony Abbott extends his “war on wind power”, reports Breitbart News.

In doing so Mr Abbott has sent a clear message to the mendicant green renewable energy sector that there will be no more cheap state-supplied financing for its projects.


Fairfax Media reports Mr Abbott’s conservative coalition government has ordered the taxpayer-funded $10 billion Clean Energy Finance Corporation (CEFC) to immediately cease any new investments in wind power projects. Treasurer Joe Hockey and Finance Minister Mathias Cormann issued the so-called green bank with a directive to change its investment strategy.

The funding ban is just the latest salvo in the government’s attacks on the renewable energy sector which also includes small-scale solar projects.

Mr Hockey started the Abbott government’s campaign against wind farms in 2014 when he told Sydney radio host Alan Jones he found the massive turbines “utterly offensive”. Prime Minister Abbott reignited the debate last month, telling Jones he finds turbines “visually awful”. He said he wanted to reduce the growth rate of the sector as much as possible.

The decision will please anti-wind government members but wind industry insiders, who declined to comment on the record, told Fairfax Media the decision is a “big blow”. One said that while it will not sink the industry altogether, it will make things harder.

Head of Australia at Bloomberg New Energy Finance Kobad Bhavnagri​ said the decision would have a “significant” impact on the industry.

As Breitbart London reported last month, the UK-born Mr Abbott (his family moved to Australia from London when he was aged three), who once famously dismissed the argument behind anthropogenic climate change as “absolute crap”, has never carried his disdain for wind farms lightly.

In June he told a radio interviewer a cycling trip to an island off the Western Australia state capital Perth had rammed home his personal dislike for wind generators. He added that he wants “fewer” wind farms in Australia and is keen for an inquiry into their health impacts.

“When I’ve been up close to these things, not only are they visually awful, but they make a lot of noise,” Mr Abbott told Sydney broadcaster Alan Jones. “Up close, they’re ugly, they’re noisy and they may have all sorts of other impacts.

“It’s right and proper that we’re having an inquiry into the health impacts of these things.”

Wind power is not the only part of the Australian alternative energy industry to be targeted by Mr Abbott.

The Guardian Australia reports that the new directive banning the CEFC from investing in existing wind technology will also apply to small-scale solar projects.

Original report: Aussie PM Tony Abbott Cancels All Government Wind Farm Subsidies – Breitbart.

Comments
  1. oldbrew says:

    Mr Abbott will soon be running out of climate-related things to strangle, if he hasn’t already done so😉

  2. “industry insiders, who declined to comment on the record, told Fairfax Media the decision is a ‘big blow’.” Ha! “Big blow.”

  3. Graeme No.3 says:

    Fairfax Media is a sort of poor man’s Guardian for Australia. Notice there’s no mention of similar action in the UK, they want to portray Abbott as an outsider.

    I think Abbott should invoke the Precautionary Principle; no more wind farms until they are proven safe.

  4. oldbrew says:

    Graeme: make that ‘safe, value for money and able to provide adequate power when it’s needed.’

    That’s them out of the game.

  5. Stephen Richards says:

    YEH Yeh yeh

  6. markstoval says:

    I think they should enact legislation that says that the owner of any wind farm must pay a million dollar fine for each bird killed on the farm by the windmills. Seems fair to me, and I have it on good authority that the birds are all for it also.

  7. First they reduce the subsidy
    Then they get rid of the subsidy
    Then they get them to pay for all the damage they’ve done.
    … till finally they start investigating the scam and rather than paying them public money they are in prison where many of them belong.

  8. gallopingcamel says:

    Scottish Sceptic,
    That is the kind of wishful thinking I like!

  9. auspeterb says:

    Regretfully, this is another example of deliberate misreporting from Fairfax. A month or so back, Environment Minister Hunt wrote to the parliamentary cross-benchers announcing that the CEFC would be directed to focus on emerging technologies (e.g. large scale solar) rather than continue to (or refinance) mature technologies such as wind and household solar. The Treasurer and Finance Ministers, being the two having shareholder responsibility, issued the directive. Fancy a conservative Government wanting to invest in the future!

  10. Konrad says:

    An alternate headline – Trough kicked, Pigs squeal.

    And oh the squealing! Every leftist news source is at full volume in Australia. Fauxfacts, their ALPBC and the fatuous Farr at news.com.au.

    But the squealing is not about preserving the global warming hoax. No, this time it’s about any chance of a “soft landing” being snatched from the warmists grasp. In Australia they have already been franticly repositioning, trying to “re-frame” about general air pollution and the the security of “renewables”.

    The problem is Big Wind and PV solar are essentially subsidy farming schemes or ponzi schemes. Like pyramid schemes, their continuing depends on a “next layer”. In the case of Big Wind and PV solar the “next layer” was always to come from taxpayer dollars. Even if existing subsidy agreements are honoured, if no new subsidies are offered these subsidy farming schemes collapse as they were totally dependant on ever increasing subsidies for their continuance.

    The warmists desperately need these ponzi schemes to continue in their efforts to engineer a soft landing for their inane claims that adding radiative gases to the atmosphere would reduce its ability to cool the solar heated surface of our ocean planet. They wanted to be able to claim – but, but, even if their wasn’t any warming from CO2, we still did a good thing because we reduced “air pollution” or “reliance on non-renewable fuels”.

    Tony Abbott has anticipated the warmulonian “end justifies the means” escape strategy and slammed the door in their sorry faces. Hopefully others learn from this. It’s never too big to fail. Those involved in the hoax make no useful contribution to our society and no one should care about saving them.

  11. oldbrew says:

    Konrad: warmists don’t like to mention that air pollution was never anything to do with colourless, odourless, invisible CO2 anyway.

  12. Konrad says:

    markstoval says: July 12, 2015 at 9:47 pm

    Mark,
    happy to see you still fighting the lukewarmers at lukewarmer central (aka WUWT).

    A number of prominent people (including some of those most trusted by Anthony) asked I protest the ban against my posting there. I did not take that course of action despite doing it in the past. The reason is this – we are getting close to the end of the “story arc”. Anthony fell into “self preservation mode”, something that typically affects bureaucracies that got to big. Much as I appreciate Anthony’s efforts and sacrifices, his failing into motivation by fear is truly a teachable moment.

    Sceptics will win. I will say positive things about Anthony. But I will also say negative things. The lesson is – for morals you only need to feel, for ethics you need to think.

    Anthony didn’t think.

  13. Konrad says:

    oldbrew says: July 13, 2015 at 11:13 am

    Oldbrew,
    they have been trying it on for size recently. It’s along the lines of – “OK, CO2 may not cause surface or atmospheric warming, but fossil fuels cause “X” “.

    The good news here is that the term “global warming” is permanent. In the age of the Internet it can never be erased. Trying to re-position or re-frame in the age of the Internet is an exercise in abject failure.

  14. tchannon says:

    auspeterb, that makes sense as does journos garbling what happened.

    Large scale would be where government involvement can be sensible whereas the historic in these transient energy handouts have been little more than domestic scale, always a dead duck economically.

    Large scale solar? This is not sensible in the foreseeable future.

  15. auspeterb says:

    Forgot to add that despite lack of new funding from the CEFC, all Oz Wind Farms will still get a subsidy from users through the continuation of the Renewal Energy Target (RET). So one can say they wanted their “cake and to eat it to!” Or you could also say they like to “double dip”; one from Taxpayers and two from other other Consumers, God Bless them for they art saving the world!