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In Australia a Woke tech-billionaire has decided to “keep” the coal assets in AGL in order to destroy them (like that’s the “free market” at work) . But in the rest of the world, coal is $400 a ton and everybody wants it.
Maybe Australians will get so rich selling coal they can afford to use electricity from unreliable generators instead?
Not behaving like a stranded asset. Trading Economics
Britain could keep coal-fired power plants open this winter
LONDON (Reuters) -Some of the British coal-fired power plants slated for closure this year might need to stay open to ensure electricity supply this winter, the government said on Monday.
Countries across Europe are drawing up contingency plans against potential disruption to flows of Russian gas because of the war in Ukraine. Russia typically supplies about 40% of Europe’s gas.
Britain can generate about 50% of its electricity from gas. Although Russia only meets about 4% of Britain’s gas needs, a significant disruption in supply would affect prices in Europe and make it harder for Britain to secure gas from others.
How screwed is that market when they have to “devise” a framework to […]
We can hear the angst and confusion — Another “nasty La Nina?”, “Something weird is going on”, “They (La Ninas) don’t know when to leave”. Oh no!
These are not the words we’d expect to hear from experts who can 97% predict the climate a century from now. The bad news for the modelers is that the climate on Earth seems to be controlled more by the Pacific Oscillation than anything else and they have no idea what drives that pattern, so they can’t predict it more than a few months ahead, and sometimes not even then. And if they can’t predict the Pacific — they can’t predict anything. The hottest of hot years are El Nino, and the coldest years are La Nina and the greatest modelers the world-has-ever-known still get their barbecue summers wrong. The droughts, the floods and the bushfires follow the swinging surface water of the worlds largest ocean. Whenever they happen, the models say “climate change” but the models never tell us which will hit us this time next year.
So here we are with hints that there might be another La Nina, a third in a row, and Oh-the-disappointment! The modelers thought there […]
In Germany, praise be to Gaia, it’s Green to knock down a forest that has sat undisturbed for a thousand years to put wind farms in, and then plant saplings in a fake forest somewhere else as a carbon sink.
When will the environmentalists realize they have been taken for a ride by investment bankers and the renewables industry? Let’s help them speed up that “transition”. There’s a Red-pill moment here. File the story of the Reinhardswald, “fairy-tale forest” away for those moments when a teenager turns up to tell you how important it is to save old growth forest. Exactly, you can say… would you like too help stop the latest rapacious attack on rare heritage forest?
Being “Green” is nothing more than a badge people wear to their weekend dinner party.
NoTricksZone has reported on this environmental crime in February 2022 when the access roads started to go in. In the latest news Swiss NZZ Daily has described it as the absurdity of the German energy transition:
In the fall, the Documenta management planted oaks in the fairytale Reinhardswald near Kassel to save the climate. Now the forest is to give way to wind turbines, which […]
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9 out of 10 based on 9 ratings
It’s the usual apocalyptic headline, hyped from a press release smoked out of a Nature paper, which was pumped from a climate model:
“Climate change already causing storm levels only expected in 2080”
An Israeli study published on Thursday found that climate change is already causing a “considerable intensification” of winter storms in the Southern Hemisphere to a level not anticipated until 2080.
It’s bleak I tell you:
“New data reveals climate change might be more rapid than predicted”
In the new study, Chemke and his team compared climate model simulations with current storm observations. Their discovery was bleak: It became clear that storm intensification over recent decades has already reached levels projected to occur in the year 2080.
Yet again we see true mastery of confirmation bias at work: When the climate models underestimate things it means doom is coming faster. When they overestimate things, it means the equipment is faulty. What would 28 million radiosondes know?
There must be 1,000 permutations of climatoid factors that could be measured across regions of the Earth, but Lo — there has been an intensification of Winter Mid-Latitude Storms in the Southern Hemisphere! Not summer storms, spring storms, […]
We can all use some good news
Tedros Adhanom
In the latest installment of Big Government Badness the WHO is meeting right now to consider some amendments suggested by the US and largely agreed by about 47 rich nations for no real benefit. The US suggested these changes in January and for months almost no politician anywhere said a thing. The changes give broader powers to the head honcho of the WHO — Tedros Adhanhom Ghebreysus. He’s the man who told the world to keep flying in Chinese Bioweapons through their front door in January 2020, while he also told everyone how transparent and wonderful President Xi was: “China is protecting the people in the whole world”! He actually said that. China was stopping all flights out of Wuhan to the rest of China, but not to Italy, Iran, or anywhere else, and they lied about human to human transmission, and said it was preventable and curable, while they harvested up masks and PPE from around the world to profiteer from them later. China lied about the bats in the lab, and WHO helped cover it up.
No one can explain why the rich nations of the world […]
Baseload futures for electricity on the Australian market used to sell for $60 a megawatt hour last year. Now prices are rising by $30 in a single day. Paul McArdle at WattClarity calls it “staggering”. Prices rose from $260/MWh at the end of Tuesday 24th May to $291.20/MWh at the end of Wednesday 25th May 2022.
…. Click to enlarge
It’s a bloodbath. It appears that no one wants to provide a guarantee they can sell electricity in Quarter 3 for much less than an astonishing, heartbreaking $290/MWh. Unless this situation resolves, the forward prices will soon flow through to the retail prices. At the moment, the number crunchers don’t seem to think it will be fixed soon.
So far, with several coal turbines out of action, and one turbine recently closing (Liddell) it appears to be a network on the brink, with no spare capacity anymore. The situation on the Australian grid isn’t improving. After record April prices, May will also bring in medals of the wrong kind. Current prices of wholesale electricity on the spot market are averaging a blistering $200 — $300 per megawatt every day for all the mainland states of Australia on […]
Last week small electricity retailers were bleeding so badly they doubled their prices and asked their customers to leave.
This week it’s a big gas retailer, as Australia belatedly faces the same pain that hit and wiped out UK energy retailers:
Gas retailer Weston Energy’s collapse stirs call for Labor intervention
Perry Williams, The Australian
Weston Energy, which provides gas to more than 400 companies and government agencies, ceased trading with immediate effect on Monday, creating uncertainty for major manufacturers with 7 per cent of the east coast’s commercial and industrial market forced to find a new supplier.
The company said it could no longer finance cash flow requirements of its trading portfolio “on a timely basis” with prices rising over 180 per cent since April, and almost three times higher than at the start of the year.
These are blistering rises in costs:
With spot gas prices up to four times higher than normal levels and wholesale electricity prices in NSW on track to finish the June quarter twice as high as the previous record, Mr Willox called on the Albanese government to respond.
It’s a cult.
[…]
Conrad Black does a summary of the situation in the US that other media outlets forgot to mention:
The Epoch Times
Whatever anyone thinks of Trump, he’s the first president since Franklin D. Roosevelt for whom people in any part of the country will stand outside in falling snow for hours to see and hear him. No one who saw the immense ovation given Trump at the Kentucky Derby of Churchill Downs earlier in May by 150,000 people across all socio-economic groups could doubt the force of his political popularity. All but three of the approximately 70 candidates he endorsed have been elected.
Even the Great Replacement may have run out of voting power
For some reason Democrats assumed that immigrants would always vote for infinite continuing immigration after they arrive (thus creating exactly the conditions they had escaped from).
The policy area where they seem most satisfied with the administration is immigration, where all will concede, except the surrealistically implausible Homeland Security Secretary Alejandro Mayorkas, that the administration is getting on admirably in allowing anyone who wishes to enter the country to do so. The presumed underlying ambitions for this policy of national suicide are […]
Hopefully Elon Musk will give him a job.
Stuart Kirk, head of “responsible investing” for HSBC let rip at the doommongers of finance with a speech called “Why investors need not worry about climate risk”. He was speaking at A Moral Money Europe Summit, held by the Financial Times and is clearly fed up with listening to hyperbole and being told to analyze and worry about trivial long term future events. “Last night Target fell 25% — twentyfive!” … but I’m being told to worry about something coming 20 – 30 years down the track.” Other speakers were unceremoniously dispatched. He complained climate risk has become so hyperbolic no one knows how to outdo it. “Sharon [a speaker from Deloittes] said “we’re not going to survive!” But no one even looked up and ran from the room.”
Dangerously (for him) he also explained how the central banker models bury massive GDP and interest rate shocks in their economic forecasts of climate risk, otherwise they can’t generate bad news and headlines. Apparently, it’s all in the fine print that nobody mentions. They’re sounding more and more like climate models all the time.
That was last week. This week he’s been suspended.
[…]
The only way Climate elections are won is by keeping it a secret or telling lies. Today we wake up to find out it was a climate election. Who knew?
There was not one word, barely, about climate change in the public square in Australia the last six weeks, yet today suddenly it was “a Green-slide” and a climate election post hoc. But the whole reason the Greeny-Teals did well was because no one talked about climate change.
No one asked how expensive it might be to alter the planet’s weather a hundred years from now? Should we fund hospitals now, or slow cyclones in 2100, ya’reckon?
Whenever it was a climate election in the last 12 years, the skeptical side won.
And the more skeptical they were, the bigger the win was. Tony Abbott won a landslide 90 seats by crushing the Climate Gods. It was a Climate Election and the voters said “No”. To win in 2010 Julia Gillard had to lie “there will be no Carbon Tax”, and do 17 days of wheeling and dealing to barely scrape through. In 2016 Turnbull was barely a skeptic and barely won — losing 14 seats in the […]
If the Liberals stop trying to pander to the wealthy Woke electorates and focus on what most Australians want they can reinvent themselves to speak for mainstream Australia by the next election.
The dismal election result for the Liberals and Nationals in Australia may yet set them free. By shifting to the left on issues like Climate Change the Liberals were hobbled. They tried to be Labor -lite, but then couldn’t point out the sheer stupidity of trying to change the weather. Net Zero was a good goal they said, and so the voters voted for people who would do more of it sooner. By adopting Labor-Green ideas and just trying to be better managers of bad programs they lost their mojo. There were no battles on principles in this election, just personalities.
The Right have been bullied into submission — afraid of being called climate deniers, racists, sexist or anti-vaxxer, they fought for nothing much. And so the voters voted for nothing much — splitting every which way. Astonishingly a new government will be formed that nearly 70% of Australians didn’t vote for. The Labor Party won with the lowest primary vote ever recorded in Australian history.
The […]
A thread to discuss those results
Tallyroom
Twitter #Ausvotes
ABC Live Results
7.9 out of 10 based on 13 ratings
The only Party that is rising fast is the Anti-Party
The Majors and the media ignored the biggest protests in decades, but all those voters are out there somewhere…
The system is broken and more and more people know it. Both major parties are facing very low primary votes in Australia. Fully 29% of voters are wandering around in the political wilderness looking for another option — a record in Australian politics. But just imagine how big that number of minor party voters would be if the news outlets served up more than the same-old two-party-dichotomy? At the moment the nightly news ignores every minor party unless they can mock them, or lord forbid, the journalists themselves want to vote for them — like the Teal-Green-Independents?
The only time a minor party gets interviewed is after the election and if they win the Preferences lottery.
Newspoll: Labor in front of Coalition but lead narrows
Simon Benson, The Australian
According to an election-eve Newspoll, commissioned by The Weekend Australian, Labor would be positioned to form majority government if the results are replicated at the polling booths on Saturday.
It would confirm […]
With both major parties being two sides of the same UniParty, and the media afraid to ask real questions, this election campaign has been a vacuum — more like a personality quiz in Dolly magazine than a National Debate. The Conservative government, which hasn’t conserved much, looks likely to lose to the Makeover Man from the Labor Party who wears designer black shirts and fancy rims because a marketing expert told him to. A group of sneaky-pseudo-Greens called the Teal Independents are pretending to be central, but are only running against the Coalition, not against Labor, showing exactly which side of politics they’re on. They’re funded by a billionaires son, wealthy CEO’s and people that profit from renewables money — so much so that even The World Socialist Website sees them as “bogus” corporate raiders, seeking profits and called them a “reactionary fraud”. That bad.
The best hope now is that freedom loving candidates and parties will win the balance of power in the Senate. Yes, we long for Government gridlock. Australians can still put The Majors Last. Don’t waste those preferences!
It’s not too late to volunteer to help any small party of your choice, for example to […]
It’s the day before the election and all through the house, electricity bills are doubling…
The price rises are so extraordinary one retailer is asking their customers to leave “in the next 24 hours”.
Across Australia small power suppliers are sending emails to customers right now warning them that their rates are going up next week by eye-watering amounts. Wholesale electricity prices were at a record high in April this year, and it hasn’t improved in May. Prices are hitting $200-$300 per megawatt hour, not as a peak, but as a 24 hour average. In South Australia two days ago, the average for the full day was $1,141. Futures contracts are rapidly taking off and these rises are starting to flow through to customers. Already, the small retailers are bleeding cash, just as they did in the UK, and if wholesale prices don’t come back to Earth soon, they will go out of business.
Reader Brett in South Australia shared an email from Discover Energy. As of next week the standard peak rate will rise from 39 cent per kilowatt hour to 70 cents. Off peak rates rise from 27 to 46. He also adds, “My brother lives in NSW […]
Not the kind of article we’d expect to see in Time Magazine. A 100% endorsement of the inescapable need for fossil fuels?
The Modern World Can’t Exist Without These Four Ingredients. They All Require Fossil Fuels
By Vaclav Smil, Time Magazine
Cyron Ray Macey
Four materials rank highest on the scale of necessity, forming what I have called the four pillars of modern civilization: cement, steel, plastics, and ammonia are needed in larger quantities than are other essential inputs. The world now produces annually about 4.5 billion tons of cement, 1.8 billion tons of steel, nearly 400 million tons of plastics, and 180 million tons of ammonia. But it is ammonia that deserves the top position as our most important material: its synthesis is the basis of all nitrogen fertilizers, and without their applications it would be impossible to feed, at current levels, nearly half of today’s nearly 8 billion people.
Does any other odd factoid capture the rise of China so well?
China now produces more than half of the world’s cement and in recent years it makes in just two years as much of it as did the […]
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8.8 out of 10 based on 8 ratings
The Swamp is not even hiding the corruption, just the exact dollar figure
Anthony Fauci is effectively King of the National Institute of Health. He gets paid $450,000 a year — the highest paid public servant in the United States. In just one year alone the NIH dished out $30 billion to more than 50,000 recipients. And there are royalty payments that flow back the other way, which amounted to $350 million dollars over the decade from 2010-2020. And here’s the weird thing, most of those royalty payments are secret.
Thirty billion dollars is an awfully big carrot, and even though $350 million seems small in comparison, it’s awfully big compared to the salaries of the few key decision-makers. It’s an obvious conflict of interest, and lives are at risk, but it’s not even being disclosed.
If Big Pharma were paying off people to get their drugs approved, it would look a lot like this. And if Big Pharma (or the asset managers that own big pharma) were also paying off the media to silence reporting of NIH corruption would the media ignore this story — exactly like it does?
In a normal world this type of corruption would be […]
What are they on? About twenty years of government funded propaganda and guilt.
Most Australian voters don’t have a clue — half of the nation thinks we make 10% of global emissions when the truth is more like 1%.
Climate change might be the greatest moral challenge of our lifetimes but most Australians are in the dark about what the real numbers are. They probably assumed that if we were only making one-tiny-percent, the government, the ABC, or even the education system might have told them. After all, we’re spending $13 billion dollars a year. What exactly are public universities for if not for letting Australians know this kind of data?
Where was the Government? The conservatives in charge keep throwing away their own best arguments. Almost like they want to hang on to a few wealthy seats while they miss the chance to ignite middle Australia.
But the ignorance is no accident. All the players — the politicians, the academics, the ABC, ANU, CSIRO, Schools, Universities, et al and all sundry, all profit from Big Government. They serve the government first, and not the people, and that’s the problem.
Liberals playing politics with pretence Australia can change global climate […]
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JoNova A science presenter, writer, speaker & former TV host; author of The Skeptic's Handbook (over 200,000 copies distributed & available in 15 languages).
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The nerds have the numbers on precious metals investments on the ASX
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