So much for momentum on climate change. Reality bites. Without nuclear power, Japans emissions have hit a new record high. At the same time, even with 17% of its energy from Nuclear power, and with 23,000 wind turbines, Germany stands no chance of reaching its emissions targets. The rich, technologically advanced nation that has spent more than any other on green energy admits they’ve failed.
Those who want to stop producing CO2 have billions of dollars to spend on advertising and pointless windmills, but in the end, chemistry and physics can’t be bought. If renewables could provide cheap reliable power, they wouldn’t need subsidies. Everyone would buy them.
Germany to Abandon “Strict” 2020 Target – 40% cut not possible
Germany’s Vice Chancellor, Sigmar Gabriel, has indicated that the country will abandon its commitment to reducing CO2 emissions by 40 percent by 2020, from a 1990 base level. In doing so he has won the ongoing clash with his own environmental minister Barbara Hendricks over energy policy, telling her that he will tolerate no further resistance to the change of direction, according to Der Speigel.
Who was it that said that Renewable Energy is making electricity cheap?
The Minerals Council added up the numbers on the RET (the Renewable Energy Target) and checked the invoices. And even though “Renewable Energy” is made from the free* wind and sun, somehow, being forced to use inefficient, diffuse, and unreliable electricity costs coal miners millions.
For some reason foreign competitors didn’t voluntarily offer to match it. Perhaps they like their weather and don’t want to change it?
Cartoon with thanks and permission from Steve Hunter
Steve Hunter’s site is here.
RET costs causing a heavy burden: miners
MINERS have moved to counter arguments from the renewable energy industry that the target scheme is lowering electricity prices, releasing figures showing it is costing millions of dollars and comprising up to 15 per cent of total electricity bills.
A briefing sent to MPs interested in the renewable energy target debate, circulated by the Minerals Council of Australia, shows six coalmines in Queens-land and NSW paid a combined $7.7 million in RET costs last year and $7.3m in 2012.
The proportion that the RET charge made up of [...]
Nothing makes sense about Renewable Energy Targets, except at a “Bumper-Sticker” level. Today the AFR front page suggests* the federal government is shifting to remove the scheme (by closing it to new entrants) rather than just scaling it back. It can’t come a day too soon. Right now, the Greens who care about CO2 emissions should be cheering too. The scheme was designed to promote an industry, not to cut CO2.
UPDATE: Mathias Cormann later says “that the government’s position was to “keep the renewable energy target in place” SMH. Mixed messages indeed.
We’ve been sold the idea that if we subsidize “renewable” energy (which produces less CO2) we’d get a world with lower CO2 emissions. But it ain’t so. The fake “free” market in renewables does not remotely achieve what it was advertised to do — the perverse incentives make the RET good for increasing “renewables” but bad for reducing CO2, and, worse, the more wind power you have, the less CO2 you save. Coal fired electricity is so cheap that doing anything other than making it more efficient is a wildly expensive and inefficient way to reduce CO2. But the Greens hate [...]
A new report shows ABC journalists are fond of renewables and overlook their dismal economic value, while putting out bad news on coal, and ignoring the benefits of vast cheap profitable energy. Who could have seen that coming: a large public funded institution attracts employees who like large public funding?
The IPA arranged for a media analysis firm to compare the ABC reporting on coal and renewables.
ABC gives the green light to renewables, and the red light to Australia’s largest export industry and provider of 75% of our electricity.
ABC accused of bias against coalmining
Andrew Fraser, The Australian
The analysis of 2359 reports broadcast on the ABC over six months before March 15 this year found 15.9 per cent of stories on coalmining and 12.1 per cent of those about coal-seam gas mining were favourable, while 53 per cent of those on renewable energy were favourable.
It also found 31.6 per cent of stories on coal mining and 43.6 per cent of stories on coal-seam gas were unfavourable, while only 10.8 per cent of stories on renewable energy were unfavourable.
The ABC has become its own best case for privatizing the ABC. How much could we get? The [...]
NSW (and a lot of Australia) is a closeted corner of the world where electronic news can take decades to arrive. The electrons themselves make it downunder in 150 milliseconds or so, but the message may never make it past the ABC-Fairfax filter. Apparently the highest office in NSW wants to emulate California. It’s like it’s 1994.
“When it comes to clean energy, we can be Australia’s answer to California.”
– Rob Stokes, NSW Environment Minister.*
Maurice Newman sets him straight in The Australian.
In short – companies are fleeing from a green California to Texas where electricity is half the price. For some reason jobs, profits, products and opportunities are following the energy. California’s unemployment rate is 7.4%. Texas’ is 5.1%.
California dreaming is nuts in NSW
“The NSW government must also be oblivious to the steady exodus of Californian businesses and jobs. Companies like Toyota, which after 60 years has moved its US headquarters to Texas, or Occidental Petroleum, which after 50 years has left for Houston. Chevron is next. Other stalwarts like ARCO, Getty Oil, Union Oil, Fluor, Calpine and Intel have all moved in search of a more business friendly environment and [...]
We’re told “clean” energy is a viable and cost effective. But cut the government subsidies, and 97 percent of investors vanish (in Australia it’s collapsed from $2.6b annually to $80m). The truth is that renewables are almost totally dependent on taxpayer largess. No wonder they lobby like their life depends on it. It does.
Peter Hannam of the SMH:
“Australia’s investment in renewable energy all but dried up in the first half of 2014 amid uncertainty fuelled by the government’s latest review of the mandatory target, according to Bloomberg New Energy Finance.
In the six months to June, just $40 million was invested in large-scale renewable energy, such as wind farms, the lowest level since the first half of 2001, according to Kobad Bhavnagri, head of BNEF’s Australian unit.
The investment tally compared with $2.691 billion in 2013, the second largest annual inflow of funds to the clean energy sector behind the peak year of 2010.”
Elsewhere investment in renewables has slowed from its peak in 2011 but still running at $64b a quarter, or nearly $700 million every day. Spot that vested interest! From The Australian:
“Global clean energy investment surged to $US63.6bn in the second quarter of [...]
A little too much solar success perhaps?
Solar panels in Queensland and NSW in Australia have been providing some householders with energy in a more concentrated form than they bargained for. At least 70 houses with rooftop solar panel arrays have had solar driven burnouts. The fire risk means that nearly 30,000 faulty solar power isolators have been recalled. The company that imported them went bust on Friday. (Ain’t that the way?)
Remember if your house burns down, it is the price we pay to save the planet. It will, unfortunately, blow your personal carbon footprint through the roof. (A point that will, no doubt, grieve you as you sift through the smouldering ruins.)
We’ve reached the end-game. The sensibles have all left the room and there is no point trying to fight a religion with reason. What utter foolishness to treat their ideas as sensible! The only response to satirical science (thank you Green-ecologicists) is to hold it up for the world to see its true nature.
Green-electricity may not run your heaters well, but it is excellent fuel for the funnies. Enjoy!
These Germans are so good at this, I have to learn to speak German.
H/t to the brilliant James Delingpole
As the video notes, every single German must now pay Euros 240 a year (“a total of 21.8 billion Euros for power which on the market had a value of only 2 billion. That’s sick!”) in order to subidise worthless green energy projects – such as the ugly wind farms for which swathes of forest are being cut down and the ludicrous solar panels now found on every other roof (in a country not exactly known for its sunshine) – which, as even Germany’s former Godfather of Green Professor Fritz Vahrenholt has now conceded, are the wrong solution to the wrong problem.
Germans spend ten times as [...]
While some global whiners are predicting death, disease and reckless fish, an ominous array of other forces are gathering. The time of plenty, peace and abundance could be coming to an end. I’ve finally had a chance to look at David Archibald’s hot new book, and it’s a book that needs to be discussed. It’s the debate we ought to be having. (I’ll be referring to it again on this blog).
In the West we have rarely had it so good: since World War II things have been relatively peaceful; the sun reached a once-in-8000-year global maximum, keeping us warm; the big easy oil fields were tapped, gifting us the cheapest energy in human history; and the most obvious gains in agriculture meant food supply increased even faster than populations grew. David Archibald paints a provocative argument of a world where a cooling sun means grain supply can’t keep pace with demand, oil production starts to slide and forces of unrest in the mid East collapse to chaos while those in the far East rise ascendant.
David Archibald writes:
Who are those four horsemen? A severe, solar-driven cooling is one. Over the next twenty to thirty years, we are [...]
Green Fairy Gods of Economic Management
Another unintended consequence of policies to control the climate. Who would have guessed? Laws aimed to disrupt the energy market, disrupted the energy market. Just like Germany, parts of Australia are now dumping expensive gas, resurrecting old coal burners, and voila: The Fairy Gods of Economics tinker — and get the opposite of what they intended.
Here’s the chain of events as best as I can figure. The greener-governments raised the cost of all electricity, but tried to slap an advantage on some forms at the expense of others. The catch is that there is just not enough alternate energy to go around.
More projects used gas, partly due to other state based green schemes like the Gas Electricity Scheme of Queensland. So gas demand rose and gas became more expensive. At the same time, those who owned gas found that export markets will pay more for gas for other uses. So it didn’t make sense to keep the gas for the power-stations here when they could sell it for a greater profit elsewhere. Meanwhile, other forces were also at play. The Green drive created a glut in fickle solar and wind power. [...]
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