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By Jo Nova Today’s magic trick is how to make electricity look cheaper by taking money from children Tomorrow — we pretend to control inflation by printing more money. The Labor Party tried to control the weather with our power stations and promised us it be would cheaper. For some reason that every engineer can explain, they damaged the electricity grid and electricity got more expensive. In order to hide this, they have to borrow money to pay us so they can pretend electricity is slightly less expensive, and inflation figures are not so scary. Since our children will pay off that debt one day somehow, the Labor Government is nicking the money from babies and telling us how compassionate they are. “This is hip pocket help for households, and it recognises that people are still under pressure,” Treasurer Jim Chalmers told the ABC. “Without our assistance and without our interventions, electricity would be more expensive.” More expensive than what Jim? The next magical $150 electricity rebate to households will cost $1.8 billion dollars. Think of it as a performance art, a piece of theatre, or a band-aid on a gaping wound. For Australians this will be the third […] April 8th, 2025 | Tags: Coal, Electricity Cost, Gas | Category: Global Warming |  Print This Post | | 7.9 out of 10 based on 14 ratings By Jo Nova In a brave election promise, the Australian Labor Party want poor people to help pay for batteries for rich Australians. The discount battery deals will only be suitable for people wealthy enough to own a home with solar panels, and who happen to have ten thousand dollars sitting around that they don’t want to use or expect any return on for nearly a decade. There can’t be too many of those. The true cost of home batteries is about $13,000, so the $4,000 discount still leaves a big bill. And the savings for electricity bills are estimated to be around $1,100 per household each year. So no one comes out ahead for nine or ten years, and that’s assuming their battery is still useful at age ten or eleven, and their house hasn’t caught fire. This policy isn’t a winner for the rich or the poor. Because batteries are essentially uneconomic, the policy screws the whole country. The only beneficiaries are the solar and battery installers and Chinese industrialists. Them, and the politicians who got us into this mess. To avoid admitting they were wrong, they’d probably like to trick Australians into buying the batteries that […] April 7th, 2025 | Tags: Battery, Solar Energy (PV) | Category: Australia, Global Warming, Politics | Print This Post | | 7.8 out of 10 based on 17 ratings 7.2 out of 10 based on 19 ratings The Red Sea By Jo Nova Corals around the world stopped growing in 2000BC and the pause lasted two thousand years before they returned like the Phoenix. Each polyp might be fragile, but coral ecosystems are the couch-grass of the oceans. A new paper rather puts the man-made panic about corals into perspective. The most terrible events that could happen to corals have already happened, and the corals appear able to bide their time for two thousand years and return in all their glory. The worst thing for the worlds corals is not rising seas but falling ones. We panic over the odd bit of bleaching here and there, but it’s nothing compared to mother nature. The shallow edges of the oceans of the world are savage places. And the best place to study this mayhem is the Red Sea. Not only is it hot, but long, thin, deep, and it’s tectonically active too. In the depths of the last ice age, it was cut off from the Indian Ocean and the salinity rose to a death defying 47% at the Southern end, and 57% in the north. For thousands of years, the Red Sea was pickled. When […] April 5th, 2025 | Tags: Corals, Holocene, Sea Level | Category: Flora, Global Warming, Holocene, Marine Life, Oceans | Print This Post | | 8.5 out of 10 based on 18 ratings By Jo Nova Forget the carbon credits and solar panels, the root cause of climate change is Caribbean slavery. If only Christopher Columbus hadn’t discovered America, the Little Ice Age would never have ended! (Just one more thing to thank him for). This new (old) rehash of White Guilt is so dark, we wonder why the author, Tao Leigh Goffe, chooses to live in the evil empire of the capitalist US. Shouldn’t she boycott it, and move to a place that never had slavery, like Antarctica? For a woman who claims the world is boiling today because of of the dark inhuman laboratory of experiments, it does seem incongruous that she supports the same institutions that grew from ..as she puts it …Columbus’s travesty. She decries European scientific colonialism and a “scientific method rooted in eugenics and racism”, yet she probably wrote her book on a computer with silicon chips, and works at City University, New York, surely an institutional product of that same ghastly colonialism? She got her PhD at Yale. Is there no moral limit to her hypocrisy? Wait til she finds out the theory of climate change, which her career depends on, mutated out of the […] April 4th, 2025 | Tags: Academics, Science Communication, Universities | Category: Academia | Print This Post | | 7.2 out of 10 based on 18 ratings 8.4 out of 10 based on 21 ratings By Jo Nova All that stuff about a 1 in 100 year flood, they have no idea It turns out the worst flood on the Rhine was not in 2024 but in 1374. On the Severn, in England the worst year for “climate change” was 250 BC. Obviously neither of them were due to man-made oil and gas. A thousand news headlines have said modern floods were unprecedented, or were 1 in 1000 year events, or were caused by “climate change” and they were all based on just 120 years of data (or less), and they were all wrong. For some reason, even though climate change is the most important thing on Earth, hardly any researchers were looking for evidence of long term extreme flood events. When researchers finally studied the sediments left at many sites — they found evidence that many ancient floods were just as bad or even worse. At least 12 times, ancient peak river flows were bigger than anything we’ve seen in the instrumental record. (And they’re just the ancient floods we know about, imagine if we put more scientists looking into fluvial sediments?). The only thing unprecedented about modern floods is the gall of scientists […] 8.1 out of 10 based on 14 ratings By Jo Nova The great global carbon back-down continues: The EU wants to keep their target while exploring every possible option not to keep it. They’re contemplating a “non linear” path, meaning, a much slower approach now, while they think up excuses to bail out later. EU exploring weaker 2040 climate goal Politico, [Formerly paid by USAID] The European Commission wants to keep a 90 percent emissions-cutting target but to change how countries calculate their progress. To start, officials are contemplating a “nonlinear” path between the EU’s 2030 emissions-cutting target of 55 percent and its 2040 goal — rather than a straight line. That could mean slower emission cuts to start, compensated by rapid declines later in the 2030s. It would also mean more pollution in total over the decade. But as well as the delayed plan, there is the cheap-foreign-escape clause, the forestry-option and domestic-swap games. Now that everyone knows renewables are no good, and EVs won’t replace fuel cars, there are no end of creative accounting techniques to “meet targets” without spending much or admitting defeat. The EU might return to letting European countries buy cheap international carbon credits. This […] April 1st, 2025 | Tags: Carbon Credits, Carbon Market, EU Carbon Market | Category: Australia, Big-Government, CO2 emissions, Europe, Global Warming | Print This Post | | 7.5 out of 10 based on 15 ratings 7.9 out of 10 based on 29 ratings 7.6 out of 10 based on 22 ratings 8.3 out of 10 based on 26 ratings … By Jo Nova Banks are not only fleeing from the Net-Zero Bankers club, now they are abandoning their own Net Zero targets too, and in dumping them, we find out they never meant a damn thing anyway. It’s the complete disassembly of a plastic onion, every layer just a fake as the layer before. But none of these news or investor outlets is even asking the right questions — why did anyone think banks wanted to save the world? How did it ever make sense to pretend that banking institutions were going to turn themselves into Global Angels, fixing the weather, harrassing their clients to switch to paper bags, and turning down loans for coal miners? It’s all unravelling now: Wells Fargo is the first major US bank to abandon its own Net Zero Target for both 2030 and 2050. And why would they do that? Probably because Tennessee and 17 other Republican States were investigating them for fiduciary duty and cartel type behaviour. Wells Fargo abandoned its targets a few weeks ago, and today The US Republican state consortium abandoned their investigation” of Wells Fargo. They’re still investigating other bankers. “Attorney General Jonathan Skrmetti […] 8 out of 10 based on 16 ratings |
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