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By Jo Nova
There is hope: Despite the censorship, and the partisan bias in the media, more than half the country has shaken off the propaganda.
All our institutions and experts have been telling us “renewables are cheaper” for twenty years, yet two out of three people don’t believe them. In a similar vein 58% of people could believe electric cars were just as bad for the environment as petrol cars. 50% believe renewable energy leads to blackouts, causes harm to whales and takes away our best farmland. And half the country agrees there is no consensus among the experts either.
We haven’t had a strong election battle on the renewables transition, but statistics like these suggest that if the Opposition picked up on this fear, they would be pushing on an open door.
The IPSOS survey (n=1,000)
And despite higher prices being exactly what happens in every country on Earth, IPSOS arrogantly labels this belief as “Misinformation”.
(Click to enlarge).
They also asked people whether they had “seen or heard anything in the social media about this?” But only 39% said they had seen something on this in the mainstream media. So most of the population hadn’t […]
10 out of 10 based on 11 ratings
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By Jo Nova
It’s hard to keep up with the great EV unravelling
The best news for the EV industry this month is that Ford is only losing $50,000 a car now on its electric vehicles. That’s so much better than the $132,000 it was losing last quarter. But the true economic carnage is deep and widespread. The one sure bet in the world of electric vehicles was Tesla where sales rose two percent in the last quarter but their profits plummeted 45%. The fire-sale shifted cars but it burned the bottom line. Similarly Mercedes Benz profits were down 21%, mostly thanks to EVs. And Ford’s were down 35% (not surprisingly).
We knew things were bad when the new invention has a small market share but already half of the owners wanted to go back to the old style.
There is trouble even in China where shares in Evergrande New Energy Vehicle are down almost 40% so far this year. Apparently some creditors are coming after Evergrande seeking bankruptcy proceedings for two of its EV arms.
Nearly every major manufacturer is delaying new models or rewriting their targets. Ford is delaying several models, and is redesigning […]
7.5 out of 10 based on 14 ratings
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By Jo Nova
Like a sabre:
This is amazing 😂 pic.twitter.com/KpnBKGUUwn
— Elon Musk (@elonmusk) July 26, 2024
“I am the ultimate diversity hire, I’m both a woman and a person of color, so if you criticize anything I say, you’re both a sexist and a racist”
AI will destroy jobs… (hopefully one in particular).
But both sides can use this tool — to construct a narrative, as well as to destroy it.
Reality may become very hard to find with unmarked Deepfake voices “on the loose” — especially if there is no shared public forum to hammer out the truth. That seems like a brilliant but dangerous game. The thing about great satire, as opposed to deepfake lies, is that when it’s done well, and it speaks the truth (in a fake voice), the target wouldn’t want to draw attention to it by denying they said it.
But perhaps we need an AI watermark…
h/t Stephen Neil
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By Jo Nova
The government has this hope that homeowners can be tricked into paying for the batteries (in the form of EVs) that the wind and solar industry need to make their useless random energy into something reliable. Now comes the news that not only are batteries hazardous fire risks and expensive themselves, but to connect to our grid in a two way arrangement we need to spend $3,000 dollars per household (or maybe $10,000) to buy the bit of equipment that makes this work. Not to mention adding another million gigawatts of generation so the cars can be charged in the first place.
Remember in the end, we are not buying EV’s because they go further, cost less, or are more convenient, we’re buying them because we want to stop storms in 100 years.
How many nice weather days will I get in 2100AD for that $3,000 inverter?
Household EV infrastructure could cost as much as $10bn, inquiry told
By Natasha Schmidt, The Australian
Interim Director of Monash Energy Institute, Roger Dargaville, said powering EVs in just one million households could cost as much as $10bn in power inverters.
Professor Dargaville […]
8.4 out of 10 based on 29 ratings
By Jo Nova
If Australia gets any more free cheap energy we’ll go broke
The Australian Energy Regulator has the data on electricity pricing and possibly a budget $20 million a year but hasn’t yet updated with the last quarter, so I thought I’d help them out. Because surely this is a graph that all Australians need to see?
This is every state in the National Energy Market, and even though some have more renewables than others, the long term trends are the same. Unreliable generators in one state can vandalize the whole market:
(Click to expand).
Back in the dinosaur days when Australia had virtually no wind and solar power, the price for wholesale electricity was $30 a megawatt hour year after year. Then Kevin Rudd was elected in 2007, and we started to add the intermittent, unreliable generators which have free fuel, but need thousands of kilometers of wires, batteries, subsidies, schemes, farmland, FCAS markets, and an entire duplicated back up grid that sits around not-earning money for hours, days or five years at a time.
And we wondered why electricity got more expensive:
And again with labels.
The market never did recover from […]
8.5 out of 10 based on 15 ratings
By Jo Nova
It’s another outbreak of the Hottest-ever-Day Fever , where buses catch fire, and the worlds top journalists forget to ask anyone anything useful about the last 500 million years.
Sunday was the Worlds Hottest Day says the Guardian
The Copernicus data might be fine and dandy but it only goes back as far as 1979. The warm weather we are having now is just a welcome break in a cooling trend that started 7,000 years ago. It not only isn’t a record that means anything, it’s almost certainly a net benefit to warm blooded mammals.
The collective amnesia about the Holocene and most of the history of human civilization is complete. Apparently the world is in uncharted territory, except for thousands of rocks, stones, spears, shells, bits of wood, pollen, diatoms, fossilized plant leaves, and all the ice cores we’ve ever dug up. 4,000 stone-age spears and whatnot that melted out of the Norwegian glaciers in the last few years, must have frozen into them sometime in the last 5,000 years. And all the bones of dogs, rabbits, geese and frogs found inside the Arctic circle suggest our world is too brutally cold now. Likewise […]
8.8 out of 10 based on 16 ratings
By Jo Nova
Europe’s solar manufacturers are in a crisis
Forty year old German solar panel producers are closing factories they only opened three years ago.
The world now has the capacity to make 1,600 GW of solar panels annually, but demand has unexpectedly flat-lined — staying at barely 500GW. In a world awash with solar panels that no one needs, prices have fallen dramatically, but that hasn’t solved the glut which is so bad, people are using solar panels for fencing in Europe.
The CCP has bet big that the exponential growth curve in solar customers was going to keep being exponential. Instead, demand flattened off suddenly. Currently, 80% of the world’s solar panels are pouring out of China.
With impeccable timing, just weeks ago the Australian Government threw a billion dollars at a program to help Australia become a solar panel superfactory just at the moment when China is practically giving them away.
Can the solar industry keep the lights on?
Rachel Millard and Amanda Chu, Financial Times
“There is overcapacity in every segment, starting with polysilicon and finishing with the module,” said Yana Hryshko, head of global solar supply chain research at […]
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If you are in Perth this weekend, I’ll be speaking about vandals and witchcraft in the National Energy Market for the Council for the National Interest (CNI)
Sunday 21st July 2024, 2.30pm to 4.30pm (Socialising from 1.30pm to 6.00pm) at the APIWA Clubroom, Rear No.10 Mallard Way Cannington 6107.
Readers here are welcome tomorrow. There is no charge but please RSVP to apimail AT apiwa.com.au
9.9 out of 10 based on 54 ratings
By Jo Nova
Brown coal is the best kept secret in Australia
Imagine, in this cost-of-living crisis, if the nation discovered a 430 billion ton deposit that could produce electricity at a tenth the cost of gas and hydroelectricity? What a bonanza — the people could live like kings with heated pools, large homes, indoor spas and businesses would flock to the state to set up production lines. The state would become a trade giant and a mecca for tech.
Then imagine they let themselves be spooked into not using it for fear it would cause bad storms in a hundred years? Like the country is run by teenage girls…
Source: AER
Despite the costs of everything rising in 2024, the brown coal plants in Victoria are still offering to supply wholesale electricity at $8 per megawatt hour (which is 0.8c per kilowatt hour). That’s the average winning bid from brown coal plants across Quarter 1, 2024.
In the chart below of the last five years of quarterly prices, we can see that every single quarter brown coal power is the cheapest source of electricity there is bar none. (Wind and solar power, with their crazy negative […]
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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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