“The disastrous energy policies that have been put in place since John Howard dipped our toes into the renewable con at the end of the last century is now bearing fruit with major closures of the unsubsidised plant bringing about contract prices now well above $100 per MWh, two to three times their average level 1999-2015.”
2% renewable (unreliable) energy target, as Howard originally promoted, is still a gross waste of other people’s (taxpayers) money, induced by climate virtue-signalling, based on fake global warming scares and confected eco-hysteria.
John Howard was seen by many as the underdog of Australian conservative politics, who took more than two decades as a Federal MP to reach the position of Prime Minister, the victim of bitter internal political wrangling and intrigue within the Liberal Party.
After he was deposed as Liberal opposition leader by Andrew Peacock in a leadership coup in May 1989, Howard likened his chances of ever leading the Liberals again as that of “Lazarus with a triple bypass”.
Clearly the beneficiary of some cardiac miracle, John Howard became Australia’s 25th Prime Minister on 11 March 1996 and kept that post for over 11 years, until 3 December 2007, making him Australia’s second longest serving PM after Bob Menzies.
While Howard, as with any politician, had his critics, no one could question his devotion to principle and efforts…
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THE straight up truth about “unreliable” (green) energy. Well worth 5 mins of your precious time.
Shock news 🇩🇪🌱!
And no wonder unrealiable-energy-obsessed Germany is reverting *back* to coal-fired power at record rates after its disastrous €Trillion “Energiewende” fail…
In Europe wind powered Denmark and Germany are vying for top spot on the insane power price ladder.
The world over, businesses and households are fast waking up to the fact that the wind industry line about wind power being ‘free’ and getting cheaper all the time is among the greatest lies ever told.
Sure, when the wind is blowing the Wind Gods don’t send a bill. However focusing on the cost of what it takes to get them turning, misses the fact that operations and maintenance costs on wind turbines approach $25 per MWh, with that figure increasing over time as gearboxes, generators, blades and bearings wear out or disintegrate.
The other, not so minor, cost that the wind industry tends to overlook, is having an equal amount of conventional, synchronous and dispatchable power generating capacity always available to cover those numerous occasions when the Wind Gods determine…
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Another example of how it is not supposed “Global Warming” that hurts the poor, rather the draconian “Green” policies, schemes and scams that bring misery, doom and gloom.
Guest essay by Eric Worrall
Australia’s Chief Scientist Alan Finkel has strongly criticised the impact of renewable energy policies on the poor, working class people and migrants.
Renewable energy push to hit Labor’s heartland
The Australian12:00AM December 29, 2016
MICHAEL OWEN SA Bureau Chief Adelaide @mjowen
Dr Finkel, who is conducting a review of the electricity market for the federal government following the statewide blackout in South Australia in September, said people who rented properties or lived in apartments were limited in their ability to install new technologies.
Migrants with limited English, people with poor financial literacy and those struggling to make ends meet were at risk of paying increased costs to subsidise households or businesses able to invest in new technologies. Passive or loyal consumers who were not engaged in managing their electricity demand and costs were vulnerable too, Dr Finkel added.
The danger was that, as…
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Smart China – builds Windmill’s and solar panels for the eco-brainwashed West. And when they fail to deliver quality and reliable power, build and fund coal-fired power plants for the West!
Another “you cannot make this stuff up” scenario from the knee-jerk world of climate hysteria.
By Paul Homewood
The Balkan region’s first privately-funded power plant came online on Tuesday, increasing the region’s dependency on coal-fired power stations even as environmental concerns are driving them to the brink of the extinction elsewhere in Europe. It was built by China’s Dongfang Electric Corp and financed with the help of a 350 million euro ($391.13 million) loan from the China Development Bank.
Coal-fired power plant Stanari
Planned coal power plants in south-eastern Europe; source Bankwatch
The 300-megawatt plant, in the northern Bosnian town of Stanari, is a foreign investment in a chronically impoverished country that remains heavily dependent on foreign aid more than 20 years after it emerged from war.
Even though the Western Balkans has a power deficit, European investors are reluctant to finance more polluting coal which forms the backbone of supply in the region, attracting Chinese financiers and contractors.
Work on the investment…
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Without massive government subsidies, there would-be-no trillion dollar ‘unreliable’ energy scam.
The technology simply does not work. Wind and solar tech, in particular, is weather dependent, energy dilute and relies on 24/7 fossil fuel backup.
A trillion dollar, feel-good energy disaster based on global warming fears and hype that aren’t being backed up in the observational record.
What a costly joke, sending Western nations broke. Fast.
Guest essay by Eric Worrall
Wall Street Journal has written a fascinating explanation for why venture capitalists have given up on renewables.
Why Venture Capitalists Abandoned Clean Energy
Two experts say high costs and low returns sent venture capitalists fleeing. A new funding model, they say, is crucial.
A decade ago, clean-energy companies were the hot trend that venture capitalists were chasing. Oil and natural-gas prices were on the rise and Al Gore’s “An Inconvenient Truth” had just made its premiere.
But high hopes that the clean-energy sector would replicate the big returns of biomedical and software startups quickly faded. Instead, monumental losses piled up: Venture-capital investors lost more than half of the $25 billion they pumped into clean-energy technology startups from 2006 to 2011.
A study of why venture capital and clean energy haven’t been a good match was launched by Benjamin Gaddy, director of technology development at Clean…
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Ideologically green-aggressive Germany has spent near a €1 Trillion Euros on Windmills and Solar panels, only to undergo her biggest coal-fired power expansion in history…!
Weather dependant, intermittent and hellishly costly windmills and solar panels have failed as a legitimate baseload energy source.
The Western worlds obsession with ‘green’ energy has savaged economies, destroyed jobs and created fuel-poverty that is literally killing people, as they are unable to afford soaring energy bills to help cope with harsh winters.
All the green-energy-revolution has achieved is to relieve climate guilt for the gullible and enrich the elite, both morally and financially.
By Paul Homewood
The German Government has published its Climate Action Plan 2050, and green activists are none too happy, as Clean Energy Wire reports:
Environmental organisations have responded to a government proposal to decarbonise the economy with outrage. They say the Climate Action Plan 2050 will fall well short of meeting climate targets, and accuse the environment ministry of caving in to pressure from the economics ministry and Angela Merkel’s Chancellery to water down ambitious plans and drop important details, like a deadline for the coal exit. [Adds comment from environment minister, chancellor, industry lobby, changes headline to clarify state of the process]
The final version of the German environment ministry’s Climate Action Plan has been published. But concrete targets included in previous drafts have been removed, prompting the Green Party to describe the document as an “admission of government failure”. Germany’s powerful industry lobby group BDI…
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