Another no-punches-pulled analysis from StopTheseThings (STT). Is this really what people want?
In yesterday’s post – The Wind Industry: Always and Everywhere the Result of Massive & Endless Subsidies (Part 1) – we covered the fact that the Australian wind industry exists – and ONLY exists – for one single purpose: to wallow in a subsidy stream which will hit A$3 billion annually in 2019; and continue at that colossal rate until 2031.
From hereon, the cost of the greatest subsidy rort in the history of the Commonwealth will exceed A$45 billion – every last cent of which will be recovered from Australian power consumers through retail power bills.
Faced with a recommendation from the Senate Inquiry into the great wind power fraud, that the mandated subsidy – in the form of renewable energy certificates (RECs) – should be limited to a period of 5 years – rather than running from 2001 to 2031 – the wind industry, its parasites and spruikers are all howling about their “doom”.
The response has left STT just a little perplexed.
You see, the impression given by the wind industry and its worshippers is that wind power outfits are driven by a kind of ‘divine altruism’, under which their only objective is to power the world for free, while saving the planet from the ‘dreaded’ CO2 gas; and otherwise spreading health, wealth and happiness all over the planet.
Read the rest here.