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By Jo Nova
The best kept secret in the world is that humans are using more coal than ever
So much for the “stranded dead asset”. In 2022 the world set a new all-time record for coal use — reaching 8.4 billion tons. In 2023, despite all the Net Zero billions in spending, despite the boom in windmills and solar panels, global demand for coal will top 8.54 billion tons.
The IEA is the “International Energy Agency” — supposedly, the impartial servant of 31 nations worth of taxpayers. Yet they decided to ignore the world record and instead tell us how coal is set to decline. It’s what they think the taxpayers need to hear. Their press release:
It’s almost as if the IEA works for the renewables industry and their banker investors? Mr Vestas himself could hardly have written a more successful headline to hide the truth and gaslight the taxpayers.
The IEA has been predicting the end of coal for years. Back in 2017 the IEA was telling us China would move away from coal, because by 2025-2030 “solar would be cheaper than coal”. Instead, China’s burning more coal than ever before and the quarterly reporting season […]
By Jo Nova
Two and a half years ago President Xi promised to “strictly control coal-fired power generation projects” in China. Before this solemn pledge the CCP had approved a blockbuster 54 gigawatts of coal fired power plants in just two years. Afterwards, to show how committed they were to Net Zero principles and international agreements, they *only* approved 131 GW. As President Xi promised — he’s “strictly in control” (of a massive increase). He’s also strictly in control of the world’s manufacturing.
After being deceived, the UN, Greenpeace, and Joe Biden promptly did nothing at all — it’s not like the future of life on Earth is at stake. And John Kerry somehow saw only “agreement” and “hope”.
When faced with this environmental catastrophe, the BBC told the world about China’s green power surge instead, and only mentioned the coal in passing as an aside. China had spawned a world record in coal plant construction, but apparently these coal plants are not so bad because many are built on renewable parks, “partly as backup for all the new wind and solar farms”. As if CO2 emissions are neutralized just by the presence of the sacred talisman of “renewables”. It’s […]
By Jo Nova
Yet another reason EV’s are a lousy way to “save the world”
The point of all the subsidies, the charging sites, the $3,000 parking fines, the extra generation, interrupted journeys, pot-holes, road-wear, tyre pollution, collapsing parking lots and random fires is supposedly so that we make the weather nicer by burning less fossil fuels. But in Norway where the biggest experiment in EV’s has produced an “idyllic” mass uptake of EV’s, the fuel use has hardly changed.
Rystad Energy says that this shows we *must* electrify the buses, tractors and trucks too, but really this just shows what a waste of money all the past subsidies were.
If the “low hanging fruit” subsidies didn’t achieve much, the next round of subsidies will have to waste stupendous amounts of money. Remember this doesn’t include fuel used to power the electricity cars, nor the fuel used to mine the lithium and build the EV, or to fill in the potholes and rebuild the bridges. No one even knows if EV’s will reduce carbon dioxide. “There’s no such thing as a zero emissions vehicle”.
This is just “road fuel” we’re talking about and it’s not reducing it much:
Is […]
By Jo Nova
Don’t mention brown coal?
Last quarter I reported that the Australian Energy Market Operators (AEMO) had strangely “forgotten” to list the brown coal prices in its quarterly report, despite it being the second largest energy source in our national electricity market.
Other quarters, often they would include a graph comparing the average winning bids of all the major fuel types — a graph that surely is essential in these inflationary times where our electricity prices are setting record highs, rising by 25% this month, and we have a national debate on our energy crisis.
In the next quarterly report the AEMO did list the average “winning bids” of brown coal but didn’t do the comparison graph, so I’ve done it for them. If only they had room in their 68 page report and $450 million dollar budget so Australians can see, at a glance, which fuel source provides the cheapest wholesale generation by far, every quarter, all the time?
Despite all the inflation, the war, and the pandemic, brown coal generators are still making electricity for 3c a KWh. Shouldn’t Australians know that?
Click to enlarge (Or download the larger JPG file)
Compare that to […]
Image by David Mark from Pixabay
By Jo Nova
We are a fossil fueled world. Solar & wind power make up just 7.5% 6% of our energy needs.*
The world has set a new record for energy use in the last year. And even though renewables are being installed at the fastest rate they ever have been, it isn’t enough to keep up with the growing demand for energy let alone to “convert” the world to Net Zero.
Overall, despite our best efforts to wean ourselves off fossil fuels, the world remains “stuck” getting 82% of its energy from them.
The Energy Institute has released the Statistical Review of World Energy, and it shows global energy use has not only recovered from the pandemic, it is now 3% higher than it was pre-Covid in 2019. The relentless human desire for energy continues. In 2022, humans used 1% more energy than they did the year before and 70% of that growth was from China.
To put the historic size of the “Renewable Energy Transition” into focus, here’s the last century of energy transformation. The Energy Institute did not seem to want to highlight the insignificance of renewable energy, so […]
By Jo Nova
Nearly every proposal from the climate activists was struck down:
How times have changed. After the energy crisis of 2022 investors at major oil and gas firms are spurning climate activism. A year ago nearly a third of investors at Chevron and Exxon voted for the draconian “Scope 3” emissions targets. These targets are ludicrous — requiring the oil and gas giants to adopt a plan to reduce third party use of their own products. It’s like a form of corporate sabotage.
This year only about 10% of the same investors voted for these measures. And apparently there’s a similar trend on the other side of the Atlantic with BP and Shell investors rejecting activism too.
This is a very encouraging sign that the dominance of BlackRock et al is waning — they are bullying the world with other people’s money, and word is spreading as the US states fight back.
ESG Blowback: Investors Reject Climate Measures at Exxon, Chevron
By Collin Eaton and Jenny Strasburg, The Wall Street Journal
The votes were abysmal for climate activists. All but two of the 20 shareholder proposals for the two companies garnered less than 25% […]
OWID
By Jo Nova
It’s the sixth mass extinction of life on Earth and one country is building six times as much new coal power as the rest of the world combined. But no one cares.
Sinful Australia hasn’t even built a coal plant in 12 long years, but Saint China is approving a new one every three and a half days. One nation is theoretically destroying the world’s corals, creating droughts, floods and bad storms, and making reef fish reckless but no one is gluing themselves to the Chinese Embassy. The same universities who lecture us on carbon pollution are not even boycotting Chinese students. We have to ask — do reef fish matter? Are floods a bad thing?
Either CO2 is just a shiny amulet or everyone who cares about it is functionally innumerate. It could be both.
CREA
Meanwhile on the cat-walks of intellectual fashion shows the Western world’s elite competes to be more concerned than the next guy about the dire problems of CO2. President Xi cheers them on, promises to act, then builds another coal plant.
Constructing 106 Gigawatts of coal power in 2023 doesn’t exactly sit well with President […]
By Jo Nova
We’ve never had another third quarter this expensive
Despite setting price records — averaging $200/MWh across the whole quarter for the whole five-state National Energy Market, there’s like a cone of silence around the price of brown coal. The ABC is happy to evangelize about 30 minute “renewable energy records”, but they don’t mention that the three-month total system costs went off like a bomb.
Somehow Australia has all that free cheap green power and yet the wholesale costs exploded. The system broke:
No other Q3 has ever been this expensive.
But one unmentionable fuel type was still cheap
The average wholesale price for all generators last quarter was 20 cents a kilowatt hour (or $200 per megawatt hour), but brown coal generators were still able to supply during that same incendiary quarter for just at 4c a KWh. That was the average “winning bid”. So last quarter brown coal was one fifth the price of black coal, and one sixth the price of gas or hydro, and no one is talking about it.
The cheapest prices were from brown coal. (Far right)
Imagine if Australia had a free market in electricity? […]
It’s just another day in the global energy crisis: Years of climate goals are evaporating
When your currency is backed by renewables… | 1 year of Euro/USD
The threat of the Russians cutting off gas completely through Nord stream 1 has focused Europe on the blessings of coal and the reality of surviving winter with only windmills and solar panels to keep warm.
Germany, France, Austria, Netherlands, and the UK have already changed plans to shut coal plants or have plans to revive old ones. Poland is buying coal directly for homes. Hungary has now also declared a state of emergency and said it will boost gas production and stop exports. No sharing allowed now.
Only two years ago Greece was going green — phasing out brown coal but now the Greek power corporation has been told to stop the phase out of coal. Last year lignite provided only 5% of the electricity in Greece, now the aim is 20%.
Hungary declares ‘state of emergency’ over threat of energy shortages
Euronews
Budapest says it will boost its annual production of natural gas from 1.5 billion cubic metres to 2 billion cubic metres. The […]
This is Fall of Rome type stuff — everything is coming undone
National rolling blackouts have been occurring for days in South Africa and are forecast to continue for another week at least. One engineer warns they are just a step away from a total blackout and says it will be very difficult to reawaken the entire system. Traffic lights are failing, trains are stopping, and mobiles phones, ATMs and fuel pumps may not work. With unemployment at a shocking 35% already, the million dollar losses from blackouts make for a dark feedback loop.
The immediate cause is strikes for wage claims and terrible maintenance leading to major power outages lasting as long as nine hours. But Green targets and activism only makes it worse because there’s no interest in maintaining plants properly which are planned for closure. South Africa runs mostly on old coal plants, and one of the largest plants is closing (supposedly) as soon as September. And the wind and solar power they have often isn’t helping with the peak loads either.
There is vandalism from every direction. At the bottom end, apparently up to half the people in Soweto are not even paying for electricity […]
So it’s a new record. In the 20 years since the National Energy Market formed it has never operated on such a vapor thin margin. Only a few days ago Paul McArdle at WattClarity thought a mere 15% instantaneous reserve plant margin was a headline event, but tonight the grid survived (so far) on a tiny 3% Instantaneous Reserve Plant Margin NEM-wide. Things were so tight the NSW Minister for Energy sought emergency powers to force coal companies to provide fuel to coal generators for the next 30 days on his say so. Presumably next on his list would be emergency powers from God to make the wind blow.
Two years ago Australian taxpayers spend $13 billion a year in climate action (Moran). As researchers at ANU noted, Australia was leading the way — installing more megawatts per person than any other nation on Earth. (Blakers) Despite being the fastest growing and sparsest population, on the most remote nation which was practically a quarry and farm built on coal and uranium deposits, Australian political leaders rushed to compete for green booby prizes in Beautiful Weather Contests.
And the toll from the bonfire in prices is just starting with Iron […]
China has already announced it will dig up another 300m tons of coal next year, and now India is planning to boost its own production by 500m extra tons in the next two years.
Coal mine in Dhanbad, India. | Flikr
Amazing what a strong market signal can do
TradingEconomics
India increasing domestic coal production, cuts environmental green tape
India needs a billion tons of coal a year, and digs up about 770 million tons. Suddenly the plan is to increase that to 1.2 billion tons “in the next two years” and if that means opening 100 old mines and throwing away the green tape, so be it.
Phys-Org
Soaring temperatures have prompted higher energy demand in recent weeks and left India facing a 25-million-tonne shortfall…
The government hopes to woo private mining giants—like Vedanta and Adani—to revive more than 100 dormant coal mines previously deemed too expensive to operate, using new technology and fresh capital. …the Environment Ministry said it has allowed a “special dispensation” to the Ministry of Coal to relax certain requirements—like public consultations—so mines could operate at increased capacities. Coal mining projects previously cleared to […]
This is what Decarbonization Failure looks like:
Our World In Data
After three decades of effort, twenty-six glorious international COP meetings, six IPCC reports, and the installation of around 400,000 wind turbines, the total energy supplied in the big renewable energy transition still amounts to about 5% of total energy production.
The artificial Global Green energy transition is but a decoration on the energy cake. Twenty five thousand commercial planes aren’t electric. 6,225 bulk carriers are not powered by solar panels. And 260 smelters are molten hot and none of them work on wind turbines.
While the media green junkies tell how inevitable the renewable energy transition is, the wave we ride is the massive increase in the use of coal, oil and gas.
And it’s still growing.
9.7 out of 10 based on 108 ratings
The GWPF have published a provocative piece by Professor Gwythian Prins, which I highly recommend. One chapter in particular captures the fragile moment around which global affairs is orbiting. The West, comfortable and corrupted, is only just starting to become aware of the duplicity and hostile intent of the Chinese Communist Party.
Excerpts from Chapter 3 below.
The Worm in the Rose Gwythian Prins
War by other means is upon us:
Part III: The security threats of Net Zero
The Chinese Communist Party’s Fifth Plenum text of October 2020, setting out the strategy to 2035, told the nation for the first time in decades to ‘prepare for war’(备战) – meaning in any and all forms. It is true that the Chinese military build-up since 2000 has been relentless and remarkable. However, as we will see, at present we do not face open war, but instead war by other means.
The West needs to be aware of the 36 Strategems from an Era of War
“To Loot A Burning House”
Xi’s tactics are also informed by The Thirty Six Stratagems from the era of the Warring States, a manuscript which is probably a little older than Sun […]
Hello Nuclear Subs means Hello Net Zero Targets?
HMS Ambush
As I suspected, the whole Net Zero witchcraft push is being driven by our defense partners, and has nothing much to do with Australian voters. That explains why the government that won The Climate Election with a skeptical stance are now pushing blindly for “Net Zero targets”. It also explains why the public debate has shifted since the AUKUS deal just in time for Glasgow and has no content, apart from the insistence that we don’t want to be “left behind” in some global fashion race to wreck our electricity infrastructure faster than everyone else. Kudos to The Nationals who are still trying to respond to both The Voters, and the Science. Send them your support.
With this admission from inside Cabinet, we see that the AUKUS sub deal was probably quietly loaded with a climate deal too. If you want our subs, and our protection, you need to obey the carbon cult. Translated — “the Western Alliance” means nuclear subs from the US and UK. The veil is pulled back on the illusion of Democracy.
So now it’s “Build solar farms, and windmills, sign up for carbon […]
Some great Green plans are starting to come undone and it’s not even winter yet
But it is just in time for a reality check on COP26.
Europe’s energy crunch is continuing, as gas storage volumes have shrunk to 10-year lows. In the UK 12 energy companies have collapsed this year leaving 2.2 million customers stranded without an electricity provider. Things are so bad the Dutch government is thinking of reopening the Groningen gas field, Europe’s largest onshore gas field. This is a big backward step for the transition to magical energy. “Until recently, the plan was that Groningen would be closed completely by 2023, ending the large-scale gas production and export by the Netherlands with a bang.”
There are even thoughts of switching back to coal. Drax is suddenly talking about keeping some coal plants running a bit longer, something that would have been blasphemy a few months ago.
Across Europe and Asia — the energy crisis runs amok
No one can blame Brexit for food shortages in Brussels:
https://twitter.com/hermannkelly/status/1442901773958582274
But people can blame Green policies for energy pain
Kate Andrews: Britain’s weak energy security puts net zero in doubt The Daily Telegraph, 29 […]
….
Australia and the UK can close one coal plant each, but Asia will build 600.
There’s a socially awkward moment coming at the G20’s next dinner, but despite the combined selfish evil of the theoretical Asian Planet Wreckers, no one will really say much, put trade embargoes on, or boycott the Olympics.
Ultimately, everyone at the table knows that Carbon Voodoo is a Western dinner party game, not a serious pollutant.
China, India, Indonesia, Japan and Vietnam plan to build more than 600 coal power units
Jillian Ambrose, The Guardian
Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new coal plants, according to a report.
They are all developing nations, apparently, so they can be forgiven, even though the list includes number 2 and 3 on the Worlds Biggest Economies list, and one of these fledglings just left the nest and landed on Mars.
Spot the craziness:
Carbon Tracker, a financial thinktank, has found that China, India, Indonesia, Japan and Vietnam plan to build more than 600 coal power units, even though renewable energy is cheaper than most new coal plants.
Why […]
God’s joke on governments that try to control the climate with their electricity grid:
Europe talks itself out of building gas plants in order to stop global warming, then after an extra cold winter, they also run out of gas, and now they have to go back to burning coal.
Spooked investors weren’t funding many gas plants now that the glorious renewable era was here and policy makers were all wearing their Hydrogen badges, and waving their carbon capture wands. In the last year all the geniuses of the European Investment Bank, the IEA, the European Commission were saying “gas is over” and it would be a stranded asset.
One month ago, Nina Chestney was predicting a gas supply crunch:
Gas faces existential crisis in climate wary Europe
May 14, 2021, , Reuters
Europe faces the prospect of higher electricity bills and a supply crunch, as utilities struggle to finance new gas-fired power plants unless they meet tougher emissions criteria imposed by banks pressured to stop financing fossil-fuel projects.
…Gas projects worth some 30 billion euros were cancelled, delayed or indefinitely postponed last year as they struggled to find funding.
The […]
Росгвардия
The West is switching to trendy unreliable energy while Russia is ramping up coal and gas production.
Russia is building a ten billion dollar railroad to sell coal to Asia, but Australia is building a ten billion dollar hydro bandaid “battery” just to make unreliable energy slightly less useless.
Russia is being left behind on renewables, and they’re probably delighted. The more the West cripples itself in a quest to make sparkly green-electrons that stop the storms, the richer the Russians will get.
With the second largest coal reserves in the world, they’re well positioned to meet the growing demand from India and China. Indeed, if Russia could just think of a way to stop the USA and Australia from producing coal, they could corner the market.
If Russian Intel isn’t paying climate activists and child-complainers a retainer, they must have rocks for brains. But since they are apparently paying French and German bloggers to discredit the Pfizer vaccine perhaps they already are some of the great minds behind Greenpeace?
And if they were funding climate disinformation campaigns, which media outlet would tell us?
h.t GWPF
Source EIA 2021
Give me one reason Russia […]
Who knew?
It doesn’t matter how much a company panders to the Religion.
The Pagan Chieftan hath spoken and decided that Shell not only has to cut its own emissions nearly in half, it improbably, somehow, is responsible for its customers emissions too. Will Shell put photos of heatwave casualties with warning labels on oil cans: “This product may cause Tornadoes”?
Shell is reaping the rewards of playing the “climate” game. They didn’t stand up against the climate witchery when it came for the coal industry, and now its come for them.
Oil Giants Are Dealt Major Defeats on Climate Change as Pressures Intensify
By Sarah McFarlane and Christopher M. Matthews, Wall Street Journal
In a first-of-its-kind ruling, a Dutch court found that Shell is partially responsible for climate change, and ordered the company to sharply reduce its carbon emissions. Hours later in the U.S., an activist investor won at least two seats on Exxon’s board, a historic defeat for the oil giant that will likely require it to alter its fossil-fuel focused strategy.
The Shell ruling, issued by the district court in The Hague, found that Shell must curb its carbon […]
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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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