Landry’s critics say he’s “abandoning science.” On the contrary, he’s recognizing the difference between real science—which admits uncertainty—and expensive, bureaucratic groupthink dressed up as “climate resilience.” With budget-busting risks, legal uncertainty, and unreliable modeling, the only responsible course was to hit pause.
The Aussie Government is worried it might have to pay for Australia’s own commercially unviable renewable projects, after President Trump pulled US support.
Blue Float Energy abandons $10 billion Gippsland Dawn offshore wind proposal
Wed 16 Jul
In short:
The company behind a planned major Victorian offshore wind farm has pulled out of the market, saying it is no longer commercially viable.
It comes as an energy expert warns the country is not on track to meet its renewable energy targets.
…
Gippsland Dawn was to be a 2-gigawatt offshore wind farm built between Paradise Beach and Ocean Grange on the Gippsland coast.
The proposal received major project status from the federal government in November, and promised to deliver power to more than one million homes.
Clicking through the Blue Float Energy link in the last paragraph of the article above;
Offshore wind companies cool Australian interest as public investment considered
Tue 15 Jul
…
Mr Trump’s intervention has had a chilling effect on the industry.
“You have a bull market before Trump takes office that turns into a bear market when Trump gets in because he doesn’t like offshore wind,” Mr Evans said.
With every Australian offshore wind project backed by an international partner, the global shift has impacts at home.
…
The Victorian government has offered support for offshore wind projects, including direct funding for feasibility studies.
…
At a federal level, Australia has so far managed to avoid the significant public investment made by countries like the United Kingdom to set up the industry.
Australian mining and energy companies are set to access billions of dollars in funding as part of President Joe Biden’s Inflation Reduction Act (IRA) – this could significantly contribute to the clean energy transition.
This allowance follows deals to grant special status to the country’s defence manufacturing and critical minerals industries under the IRA.
The plans were announced at the G7 summit in Hiroshima, where Australian Prime Minister Anthony Albanese met up with Biden. The summit welcomed members of leading industrial economies to discuss Chinese economic coercion and Russia’s invasion of Ukraine.
Australia is set to become a domestic source for critical sectors
Biden explained that under the Inflation Reduction Act, Australia would become a domestic powerhouse for sectors deemed critical, such as defence, critical minerals, and clean energy.
I don’t know if the billion dollar gifts for foreigners component of IRA funding was actually accessed, but one thing is clear: Biden’s government borrowing didn’t only fund the fake US green economy, anticipation of direct US funding was propping up the entire world’s fake green economy.
It gets crazier. Given China is a major US government creditor, the money Biden was borrowing from China to fund the IRA was being returned to China in the form of orders for green energy components, leaving the USA to pay debt interest on money which had already been returned to the pockets of Chinese investors. No doubt some of that returned money would have been recycled back into lending more money to the US government. The US Government was effectively borrowing the same recycled money again and again.
No wonder greens were upset when President Trump stopped the green funding carousel.
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Martin Durkin’s latest video exposes the stealthy rise of a secret new ruling class in society.
The most powerful class in society has been anonymously invisible, unnamed, and unnoticed, and this is key to its success. If the ruling class is named, the masses would be able to discuss the common motivations and interests of its members. While it has no name, it can disguise itself as separate neutral parties working to help “society”.
“An entire social class that has steadily grown in size and power over the past century — whose very existence, whose jobs and income depend on depriving the rest of us of our money and freedom.”
That this cloak of invisibility, it turns out, is exactly the way the Soviet bureaucrats worked. We know this, because, as Martin Durkin explains, it was described in 1957 by a man called Milovan Djilash in his book called The New Class. His book was smuggled out of Yugoslavia and printed in the US. It earnt him 15 years in jail — obviously he was speaking a dangerous truth.
Djilash had become appalled by the socialist system he […]