Month: March 2024

PRIME MINISTER FINALLY STARTS TO REALISE THAT NET ZERO WON’T WORK

"Mr Sunak, writing in the Daily Telegraph, said new gas power stations were needed to have a reliable and affordable back-up for days when renewables like wind and solar did not deliver." 

But he can’t yet admit publicly that this means net zero is not achievable, so he then goes on to say, "It is the insurance policy Britain needs to protect our energy security, while we deliver our net zero transition." Read the BBC report here: 

New gas power plants needed to bolster energy supply, PM says – BBC News

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March 13, 2024 at 02:36AM

Last chance to register for the Big Ideas Conference in Albury

A little free advert for a good cause. I’m looking forward to meeting people!

Tickets here

Join Me at the Triple Conference in Albury, 15-17 March 2024 – Last Chance to Register!

We’re going to have a lot of fun with Senators and political leaders. The Program: Friedman Friday: What is freedom? Why is it being eroded? And how do we get it back? Australia’s premier Libertarian Conference.Church & State Saturday: We cannot serve two masters, so what should believers do when the government claims to be God? NYET Zero Gala Dinner: Say NO to Net Zero at the Gala launch of this funny-but-serious campaign. How will YOU say ‘NYET’? Big Ideas Sunday: We wrap up the conference with the Australian can-do spirit and explore big nation-building ideas because the best is yet to come. Connect with like-minded Australians and help to redefine our future. Learn more and secure your spot at https://ift.tt/tLm30ke.

 

10 out of 10 based on 1 rating […]

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March 13, 2024 at 01:41AM

Planned Energy Armageddon: Net Zero CO2 Targets Designed by Delusional Maniacs

Setting targets about reducing the trivial amount of carbon oxide gas generated by humans is one thing, but asserting that wind and solar are the only way of doing so is positively bonkers.

Assume for the moment that there is some point and purpose to net zero targets (a whopping assumption, for sure). Then the only way of reducing carbon dioxide gas emissions in the electricity generation sector is nuclear power. The only stand-alone power generation source that does not generate CO2 in the process, available 24 x 365, whatever the weather, no need for batteries, no need for back up.

The fact that politicos and wind and sun cultists keep banging on about net zero targets and turn apoplectic at the very mention nuclear power, speaks volumes. Naturally enough the rent seekers trying to protect the subsidies and mandated targets directed at wind and solar will say and do anything to deflect attention from nuclear power.

And the rent-seeking class includes billionaire iron ore miners like Australia’s Andrew “Twiggy” Forrest. Heavily laden with cash but utterly bereft of anything like worldly knowledge, Forrest sounds increasingly unhinged, with his latest public rantings including the threat from what he calls “lethal humidity”.

Forrest is not the only crony capitalist seeking to cash in on the wind and solar scam that uses hysterical nonsense about the weather to justify their ability to wallow in other people’s money.

As Chris Kenny outlines below, whipping up a frenzy about the weather is really just a cover for those hell-bent on destroying our (once) reliable and affordable power supplies.

A reality check for climate alarmists: net zero is impossible
The Australian
Chris Kenny
2 March 2024

One of Australia’s richest mining magnates, Andrew “Twiggy” Forrest, says you can already feel climate change, it has caused “deaths, devastation and hardship” all around the world already, Australia has “run out of time” and he knows how to fix it.

Forrest’s prescription promises “economic growth over generations” along with “full employment” and a “pristine environment” with “cheap energy being produced everywhere in our country”. Too easy; the only resource lacking, he says, is the “courage to get on with it”.

To deliver this energy and environmental nirvana he wants the coal, oil and gas industries to be “taxed out of existence”. Strangely, he does not include his own iron ore industry, which relies on fossil fuels for extraction, transport and blast-furnacing into iron and steel.

This simplistic combination of rampant alarmism and magic pudding economics is not rare. It is omnipresent in the rantings of Swedish environmental activist Greta Thunberg, Greens leader Adam Bandt, Extinction Rebellion and the teals, but it is unusual coming from a titan of industry, albeit one in receipt of substantial government subsidies here and abroad for “green hydrogen” projects.

We were warned by the weather bureau and climate alarmists last spring that this summer would be extraordinarily hot and dry. Given that all turned out to be a damp squib, they are turning their forecasts a little further afield with the Nine Entertainment newspapers (in cahoots with the Climate Council) offering an online tool this week to show us how many days over 35C we can expect in our suburbs in 2050 and 2090.

It is as if these people have become so bored by the lack of public debate about their Chicken Little claims that they have opted for self-parody to amuse themselves. Not only do they seek to raise the fear of Gaia over these long-range predictions, they implore us to “take action” to make sure our particular postcode can keep the mercury below 35C for a day or two more in the summer of 2090.

The Greens voters of Penrith and Broadmeadows might be pretty cheesed off in 2090 when it still turns out that it’s only those affluent coastal postcodes that get the sea breeze. The Age and The Sydney Morning Herald might encounter some sweaty subscribers with buyer’s remorse in the autumn of 2091.

In this climate of fearmongering and idiocy we need more reality checks. For starters we might ease the sense of crisis by levelling with the public that the prime reason many heat records have been broken in Australia in recent decades is because the Bureau of Meteorology revised most of its early temperature records downwards and because it ignores any records before 1910, thereby eradicating from calculations known hot periods such as the Federation drought. (It argues this was scientifically valid and necessary, but the fact it has been done is worth sharing more widely, for context if nothing else.)

Still, temperatures will do what they will, and global emissions are still rising. It is a scientific fact that whatever Australia does on emissions cannot affect global climate, and natural climate variations can easily override any human interventions, good or bad. From the upper echelons of state and federal governments we are fed two strands of argument that are seldom challenged. The first is the alarmism and the other tells us renewables are the only way to deliver the emissions cuts required.

“So, while moving towards a renewable grid is a massive transformation,” Climate Change and Energy Minister Chris Bowen says, “it is necessary for our economy, for our energy security and for the climate. Stop the delay, distraction, deception and denial. Get with the program.”

Clearly we need to address the practical reality of moving to net zero, and the pretence that this can be done easily without a heavy economic cost. We can start with the International Energy Agency, which works closely with the UN and is all on board with the net zero zeitgeist. In its Global Energy Transitions Stocktake it recognises that “half the emission reductions needed to reach net zero come from technologies not yet on the market”. Got that? We cannot ever get to net zero unless we develop technologies that are “under development” or yet to be invented.

Czech-Canadian scientist Vaclav Smil is the author of 40 books mainly focused on outlining complex realities and dilemmas. His 2022 book How the World Really Works contains bad news for those climate activists who just want to “do something” about climate change and believe the solution is easy – just decarbonise.

“The real wrench in the works,” warns Smil, is that “we are a fossil-fuelled civilisation whose technical and scientific advances, quality of life and prosperity rest on the combustion of huge quantities of fossil carbon, and we cannot simply walk away from this critical determinant of our fortunes in a few decades, never mind years.”

He is not a complete pessimist, just anchored in the reality: “Complete decarbonisation of the global economy by 2050 is now conceivable only at the cost of unthinkable economic retreat, or as a result of extraordinarily rapid transformations relying on near miraculous technical advances.”

This is because we rely on fossil fuels not just to generate most of our electricity but to fuel our road, rail, air and sea transport, heat homes, power industry, mine minerals, create chemical and plastic products, manufacture fertilisers and grow food. While wealthy countries such as ours can make some expensive changes to improve efficiency and reduce emissions, more than half of the world’s population is still racing to get the energy it needs, massively expanding global energy demand.

“Annual global demand for fossil carbon is now just above 10 billion tons a year,” writes Smil, “a mass nearly five times more than the recent annual harvest of all staple grains feeding humanity, and more than twice the total mass of water drunk annually by the world’s nearly eight billion inhabitants – and it should be obvious that displacing and replacing such a mass is not something best handled by government targets for years ending in zero or five.”

Other practical realities deepen the dilemma. The challenges for renewables relate largely to scale and efficiency. Smil again: “Large nuclear reactors are the most reliable producers of electricity, some of them now generate it 90-95 per cent of the time, compared to about 45 per cent for the best offshore wind turbines and 25 per cent for photovoltaic cells in even the sunniest of climates – while Germany’s solar panels produce electricity only about 12 per cent of the time.”

Other researchers have tried to quantify the mineral resources needed to manufacture enough turbines, solar panels, batteries and electric engines to get to net zero.

In his paper Mining for Net Zero: The Impossible Task, Alan G. Jones finds we will have to dramatically increase the mining effort, which is already higher than at any time in history.

“For example,” Jones writes, “one estimate is that there needs to be as much copper mined over the next 20-25 years as has been mined to date.”

Another geoscientist who has been based in Finland and Australia, Simon Michaux, has warned about the scale of replacing fossil fuel energy with renewables and hydrogen. “So, we are discussing bringing in a power system significantly larger than the one we have now,” Michaux reminds us, “with power systems that are not as effective and more expensive.”

Michaux has run detailed calculations on all the key resources such as lithium, nickel, copper and cobalt required globally, and the amount we are capable of extracting. The results are sobering.

“We don’t have enough mining production or mineral reserves to manufacture the first generation of renewable technology,” he finds.

But it is even worse than that because, as he points out, all the kit, from wind turbines to solar panels, from electric engines to batteries, will have to be replaced within 10 to 25 years, and again and again.

Chris Greig, a senior research scientist from Princeton University in the US, has costed the transition for Net Zero Australia. “Such is the level of investment required to build out new-generation storage facilities such as batteries and pumped-hydro, and transmission lines, that up to $1.5 trillion will need to be deployed by 2030 to put Australia on track to meet its 2050 commitments,” declares the study he co-authored. That is an amount proximate to the size of our entire GDP to be invested over just the next six years. Good luck.

And if the resources, innovation and funding required do not make this all fanciful enough, try considering the land, approvals and practicality of installing it. Bowen has boasted about needing to install 22,000 500-watt solar panels every day for eight years, as well as more than one 7-megawatt wind turbine every day connected by at least 10,000km of new transmission lines across the same period.

Most of this will be in regional and coastal communities that do not want them. And all of it, spread diffusely across the country, will be vulnerable to disruption by storms and bushfires.

Yet they seriously try to argue that nuclear power, sited compactly on existing industrial/generation sites, requiring no additional transmission lines, will be too slow and expensive.

It is time to take the ideology and fantasy out of energy policy and address the reality.

The climate and renewables zealots are in denial.
The Australian

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March 13, 2024 at 01:31AM

“Prove It” CO2 Tariffs: The Wolf Is At the Door

“It is shocking that legislators would contemplate advancing policy that would increase taxes, drive up prices for American families, harm workers and those on fixed incomes, and punish energy use. Yet this is precisely what a carbon tariff does.” (Free Market Letter, below)

Government intervention expands and expands from its own shortcomings. And in the service of ‘global climate change’, where deep-ecology alarmism prevails and economics is demoted, regulation is open-ended and increasingly strident.

Open international trade has been the gold standard for hundreds of years in theory and in practice. Adam Smith noted how the international division of labor produces the most goods and services for the greatest number, increasing the Wealth of Nations. His logic remains today.

Pricing carbon dioxide (CO2) is the weapon of the anti-industrial, anti-energy ‘Progressives’. Those with termite aspirations want to substitute dilute, intermittent, infrastructure-bloated energies for what the sun’s work over the ages naturally gave us: oil, natural gas, and coal.

International tariff regime based on the CO2 content of goods and services is a fool’s errand. A promotion for the grifter side of the economy where experts-plus-politics displaces economic freedom.

The free-market community is aligned in opposition to this sea-change step-up in government control over the domestic and world economies. Their letter of January 16, 2024, to Members of Congress follows.

As the Senate Environment and Public Works Committee is reportedly going to mark-up the PROVE IT Act (S. 1863) this week, the undersigned organizations want to express strong opposition to carbon tariffs and the PROVE IT Act. This legislation is a gateway for a carbon tax on imported goods and a domestic carbon tax.

It is shocking that legislators would contemplate advancing policy that would increase taxes, drive up prices for American families, harm workers and those on fixed incomes, and punish energy use. Yet this is precisely what a carbon tariff does. A carbon tariff is two taxes in one. First, a carbon tariff is a tax on imported goods, borne by American consumers, workers, and businesses. Once the structure for imposing a carbon tariff has been established, it can then be used to impose a domestic carbon tax.

To think that the government would develop the administrative infrastructure to impose a domestic
carbon tax without following through is naïve, at best. If the United States were to impose a tax on imports based on their carbon intensity, then there would be an expectation that domestic goods would be subjected to a comparable tax-based scheme. In fact, a domestic carbon tax might be required to meet international trade obligations.

The PROVE IT Act is not a benign government measurement scheme that will exist for knowledge purposes. It would create a detailed carbon-emissions measuring system for domestic and foreign goods, putting into place exactly what is needed to implement a carbon tariff and a domestic carbon tax.

Some proponents assert that the PROVE IT Act will help respond to the European Union’s (EU) carbon tax, otherwise identified as a carbon border adjustment mechanism. The United States should push back against the EU’s extreme green policies and not, under any circumstances, accept their disastrous environmental and energy policies.

The EU’s carbon border adjustment mechanism and carbon tariffs are a way to impose extraterritorial
regulations. Recently, we have seen these types of regulations domestically, as American farmers know
all too well. Some states have imposed barriers to selling goods, such as eggs and pork, based not on the
nature of the goods but due to moral and ethical preferences on how food should be produced.

Just imagine foreign countries trying to impose their moral preferences on Americans by using tariffs as leverage over how the U.S. uses energy or how American farmers produce food. Carbon tariffs and the PROVE IT Act will help establish this precedent.

Maybe even worse than the imposition of all these new taxes is the purpose of the taxes. They are taxes to punish energy use. Since more than 80 percent of the world’s energy comes from coal, natural gas, and
oil, which produce carbon dioxide emissions, a carbon tariff is a tax on the energy that makes modern life
possible.

It would make medical care, housing, communications, food, and transportation less affordable, especially for people who already struggle to pay their bills. It would have a disproportionate impact on the poor and hurt those on fixed incomes, the elderly, and local institutions like hospitals, libraries, and schools.

The PROVE IT Act and carbon tariffs are not just bad policy, but bad politics. After all, supporting new taxes and opposing affordable and reliable energy is a toxic concoction. A new survey sponsored by the American Energy Alliance and the Committee to Unleash Prosperity found that most Americans opposed a carbon tariff on imported goods, with 63 percent of Republicans opposed.

This opposition to paying carbon or energy taxes becomes even clearer when respondents were asked what they are willing to pay each year to address climate change. The median response was just $10, and 35 percent (including 17 percent of Democrats) said they are unwilling to pay anything. American Energy Alliance president Thomas Pyle captured the results very well:

The results reconfirm what we already knew: voters are not willing to pay any tax associated with carbon dioxide or energy – including a carbon dioxide or energy tax on imported goods. Those who believe in limited government and free energy markets continue to be allied with the vast majority of voters concerning the destructive and pointless nature of carbon dioxide taxes and on the fundamentals of the climate change issue.

As the markup of the PROVE IT Act approaches, there may be disingenuous gimmicks such as amending
the bill to say it may not be used to impose a carbon tariff. Such a provision does not change the fact that
the foundation would have been created to impose a carbon tariff and domestic carbon tax. Any new
legislation could easily get rid of such a prohibition, and that is exactly what would happen.

The PROVE IT Act and other carbon tariffs efforts show a complete disregard for what matters to Americans. They want affordable, reliable energy to power their homes and lives, not government
meddling that drives up their household bills. They don’t want federal schemes that treat energy use as a
sin.

We strongly urge legislators to oppose the PROVE IT Act and any other legislation dealing with carbon tariffs.

Sincerely,
Daren Bakst: Director, Center for Energy and Environment, Competitive Enterprise Institute
John Droz, Jr.: Founder, Alliance for Wise Energy Decisions (AWED)
Phil Kerpen: President, American Commitment
Kristen Walker: Policy Analyst, The American Consumer Institute
Thomas J. Pyle: President, American Energy Alliance
Jason Isaac: CEO, American Energy Institute
Margaret Byfield: Executive Director, American Stewards of Liberty
Richard Manning: President, Americans for Limited Government
Brent Gardner: Chief Government Affairs Officer, Americans for Prosperity
Grover Norquist: President, Americans for Tax Reform
David T. Stevenson: Director, Center for Energy & Environment, Caesar Rodney Institute
Ryan Ellis: President, Center for a Free Economy
Daniel Mitchell: President, Center for Freedom and Prosperity
Jeffrey Mazzella: President, Center for Individual Freedom
Isaac Orr: Policy Fellow, Center of the American Experiment
Craig Rucker: President, Committee for a Constructive Tomorrow (CFACT)
Elizabeth Stelle: Director of Policy Analysis, Commonwealth Foundation
Matthew Kandrach: President, Consumer Action for a Strong Economy
E. Calvin Beisner: President, Cornwall Alliance for the Stewardship of Creation
Dr. Steven J. Allen: Vice Chairman, The Conservative Caucus
Jerry R. Simmons: President/CEO, Domestic Energy Producers Alliance
Kristen A. Ullman: President, Eagle Forum
Craig Richardson: President, Energy & Environment Legal Institute (E&E Legal)
Adam Brandon: President, FreedomWorks
George Landrith: President, Frontiers of Freedom
Cameron Sholty: Executive Director, Heartland Impact
James Taylor: President, The Heartland Institute
Ryan Walker: Executive Vice President, Heritage Action for America
Mario H. Lopez: President, Hispanic Leadership Fund
Tom Harris: Executive Director, International Climate Science Coalition
Annette Olson: Chief Executive Officer, The John K. MacIver Institute for Public Policy
Jon Sanders: Director, Center for Food, Power, and Life, John Locke Foundation
Seton Motley: President, Less Government
Bob Barr: Chairman, Liberty Guard, Member of Congress, 1995-2003
Brandon Arnold: Executive Vice President, National Taxpayers Union
Daniel C. Turner: Founder & Executive Director, Power The Future
Donna Jackson: Director of Membership Development, Project 21 Black Leadership Network
Paul Gessing: President, Rio Grande Foundation
Bette Grande: CEO and President, Roughrider Policy Center
The Viscount Monckton of Brenchley: Deputy Director (Intelligence), Strategic Threat Assessment Group
David Williams: President, Taxpayers Protection Alliance
Derrick Max: President, Thomas Jefferson Institute for Public Policy
Ben Zycher: Senior Fellow, American Enterprise Institute

The post “Prove It” CO2 Tariffs: The Wolf Is At the Door appeared first on Master Resource.

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March 13, 2024 at 01:11AM