Hypocrites Playground: Australian Renewable Energy Policy Driven By Virtue Signalling Halfwits

Reading this in Australia? Then you’re doing so, thanks to coal. You might be doing so thanks to nuclear power, if only the dimwits that profess to run this country hadn’t banned it.

On any given day, between 70 and 80% of what flows through Australia’s Eastern Grid comes from coal-fired power plants.

Of course, there will be plenty of occasions when wind and/or solar are adding absolutely nothing. But the reverse is never true: if coal-fired power plants started behaving like solar panels and windmills, Australians will be sitting freezing or boiling in the dark, more than half the time.

Common sense and virtue signalling don’t mix. The modern idea that the world will soon be shot of fossil fuels is two parts childish nonsense and three parts hipster hypocrisy. The same class that pontificate about the evils of carbon-based fuels, quite happily jet around the world ramming their purported moral purity down our throats.

As Adam Creighton points out, if hypocrisy were a fuel source, Australians would have the cheapest power on earth.

Were hypocrisy combustible we’d power the nation
The Australian
Adam Creighton
26 March 2019

If only hypocrisy could be harnessed to power our country, the ­energy wars would be over. The energy “trilemma” would be solved, hypocrisy being reliable (see social media any time), affordable (it’s free) and low emission (especially when expressed in writing). Next to sanctimony, it’s the great force of our age.

We happily export uranium for others to generate emissions-free, reliable power, yet turn our noses up at using it ourselves. The clamour to stop new coal-fired power generation, even to tide us over until battery technology improves the reliability of renewables, smacks of hypocrisy.

Coal and iron ore in particular finance our lifestyle, making affordable cars, televisions, foreign holidays — indeed all of the $35 billion worth of goods and services we import every month.

The mere whiff of a Chinese ban on Australian coal imports dragged the dollar down 1 per cent last month. And China’s not even our biggest customer, buying about $11bn of $60bn in thermal and metallurgical coal last year.

The push to derail the Adani Carmichael mine in Queensland, which would provide electricity for low-income Indians, is the pointy end of an even more extreme movement, exemplified by Labor’s Richard Marles, that wishes for a collapse of the coal market.

Without coal exports (and iron ore, the second most valuable) our currency would collapse. Chinese, Japanese and Korean demand for our resources underpins demand for our currency, which our exporters, such as BHP, Rio Tinto, Yancoal and Glencore, need to pay their taxes, staff, local suppliers and shareholders.

Without those taxes you could forget about the cuts planned for next week’s budget, which rest entirely on a revenue surge courtesy of the nation’s exporters.

A world powered by renewable energy would be a scientific and ecological triumph, but also an economic disaster for Australia, which — absent some dramatic innovation — depends on fossil fuel exports to pay its way.

If the world moves away from fossil fuels as planned by the 2015 Paris Agreement our currency, already among the weakest in the Western world, will fall another 6 per cent by 2030, according to economist Warwick McKibbin.

“The implicit tax on Australia’s exports through the CO2 tax ­causes a substantial loss in the terms of trade in both the short and long run,” he writes in his latest Brookings paper, which points to a 2 per cent drop in wages, too.

However sunny and windy parts of the nation may be, we can’t bottle and export it. Our expertise at royal commissions, government inquiries and making coffee — however advanced — is unlikely to come near the $100bn plus in fossil fuel exports last year.

And we’re making life harder for ourselves in the meantime by forcing more renewable energy into our grid while letting reliable baseload power lapse, an approach described as “chaotic” in the Australian Energy Market Operator’s December health check of the market.

It is hardly a free market in any meaningful sense, distorted as it is by state and federal regulations and interventions on top of the confusopoly of the big three retailers — AGL, Origin and Hong Kong-owned EnergyAustralia.

Government renewable targets have “broken the link between the physical needs of a reliable power system and the economic incentives on market participants that keep wholesale energy costs as low as possible”, it says. Rent seekers are taking over the power grid.

Renewables advocates argue wind and solar are cheaper than coal and gas. Yet retail prices have increased 56 per cent in real terms across a decade as the renewables’ share of energy supply has increased to about 16 per cent (55 per cent in South Australia). Correlation isn’t causation but at some point the dividend from this “cheap” power source should start showing up on our bills.

Victoria’s Hazelwood coal- fired power station, which supplied about 5 per cent of the power for the national market, shut in early 2017, owing to a decision by a French company controlled by the French government.

Wholesale electricity prices in Victoria have increased from less than $40 to $100 a megawatt hour since then, AEMO says. In January this year they reached $250 a megawatt hour. Prices have increased 100 per cent in NSW and 86 per cent in South Australia across the same period. (And would France allow an Australian firm dictate the country’s energy supply and prices?)

Liddell power station in NSW, of similar size to Hazelwood, is set to close in 2022. Its owner, AGL, says prices won’t increase and reliability won’t be undermined. Suppliers have a vested interest in less power and higher prices.

Even the authorities can’t be trusted. In early 2017, AEMO said Hazelwood’s closure “wouldn’t compromise the security of the Victoria” electricity market. Then in November it pointed to “heightened risk of supply disruptions for the coming summer … if no further steps were taken”.

Steps taken entail Snowy 2.0, a fancy, expensive battery, able to provide power for about 140 hours. Far from solving the problem of a lack of reliable inexpensive power, this pet government project, an expansion of the Snowy Hydro scheme, depends on high prices.

Water is pumped up the hill when wholesale electricity prices are low and is released at the top when they are high. The higher the prices, the better for Snowy and its ultimate owner, the federal government. At about $6bn, including about $2bn to update the transmission network, it is three times the cost of a new low-emission coal-fired power station.

Common sense is unlikely to prevail in power, as most voters don’t feel the pain. Electricity expenditure made up 2.17 per cent of household spending in 2017 — even after a decade of price increases. That’s less than takeaway food, 2.56 per cent, or restaurants. Households made up only a quarter of electricity sales by volume last year. Business, especially heavy industry, makes up the balance. Alas for them, they don’t vote.
The Australian

Walkers Engineering, Bundaberg: victims of pointless virtue signalling.

About stopthesethings

We are a group of citizens concerned about the rapid spread of industrial wind power generation installations across Australia.

Comments

  1. Reblogged this on ajmarciniak.

    • Australia’s folly of continual stupidity.
      No one wants to step on the toes of these Money hungry fools.
      Big cash grab at John T Citizens expense.

  2. John Moore says:

    In relation to the remarks in the article, that while Big Business is bearing the brunt of the electricity price increaseS, they don’t vote. But we need to focus on the fact that their millions of WORKERS VOTE!!! Can we not get Big Business to inform their workers, that to vote for Labor, Greens and Independents who want to close coal fired power generators will cost them and their children JOBS.
    But more importantly, the loss of coal provided base load electricity will eventually effect everybody quite severely with UNSCHEDULED BLACKOUTS!!!!!!!!!!

  3. Andreas Demmig says:

    The hole problem ist pointed out by the Headline: … Halfwits
    Serious argumentation is impossible with nitwits

    Thank you for your articel. I translate and load it to https://www.eike-klima-energie.eu/ Germany

  4. Son of a goat says:

    You can lead a horse to water but you cant make it drink. Several weeks ago I advised Yoda Yates if he was to win the Federal seat of Kooyong from the incumbent the Treasurer Joshi Frydenberg he was going to have spunk up his campaign.
    Lets face it Yoda, your daily morning ritual of retweeting articles from The Age, SMH or the Financial review captioned with a few pearls of wisdom whilst eating your All Bran washed down with some A2 milk, might keep you healthy on the inside, it ain’t going to get you over the line.

    Yoda procrastinated over my advice, low and behold the bloody Libs have seized the initiative.
    I open up today’s Australian, Joshi is all over it, shots of him with a mullet, shots of him half naked with tennis racquets hiding various parts of his anatomy.
    If you don’t mind umpire, front page of the Daily Telegraph there’s a shot of Barnaby’s former missus in a bikini, strutting her stuff for a body building contest.

    Listen Yoda I’m not asking you to bring out the fish net stockings, I think we both know that might be a bridge too far.
    Set those women of renewables loose on the streets of Hawthorn in their finest but one size too small tennis whites.
    Maybe a photo shoot, draft off a few of them better sorts from Get Up, place them strategically around your pool, with the big Tesla battery in the background.
    Front and centre of the shot would be you and Chicken women Zali (shes not bad on the eye) in your swimming togs ready to dive in the pool.
    The headline would urge voters to “Take the plunge with Yoda.”

    Yoda your time wasn’t two months ago and certainly not in two months time, its now. Al you are doing now is selling your negativity to the public, spruce it up Big Fella.

    In the apt words of the famous Hawthorn coach John Kennedy whilst addressing his players during a 3/4 time huddle.
    He urged to his players, ” do something …..JUST DO SOMETHING.”

    • Crakar24 says:

      The correct statement is “you can lead a horticulture but you can’t make her think”. Pass that onto Yoda

  5. Charles Wardrop says:

    Has and is all this AGW fiasco been a lamentably expensive, corruption and intellectual bullying example of Group Think?

  6. The problems continue.

    Take our Money even if we don’t have Wind Turbines at Maitland.,
    There is a Serious Noise issue here as well which no one , I mean absolutely NO ONE wants to step up and help with.
    2008 it commenced and is getting so bad , health issue’s are here NO ONE accepts it.

    I personally have been ridiculed to the point of you are a NUTTER I requested advice from many Sources.
    Nothing.

    I have stayed at several places in and around the area it is everywhere I go.
    People sleep as I do with TVS , SURROUND SOUNDS ON , RADIO’S ON.
    I sleep in my Family room near my kitchen on a sofa bed so the radio or tv is blasting all night.
    When will this illness be totally investigated not only around Wind Farms.

    AMA and EPA are a disgrace.

    My last words are
    HELP. PLEASE

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: