Start Me Up: Cheap & Reliable Coal-Fired Power Only Path to Economic Recovery

The answer, my friend, ain’t blowin’ in the wind. You’re staring at it.

 

The Australian businesses under threat from insane renewable energy policies and rocketing power prices, have been finished off by government enforced lockdowns.

With the Federal government outlining a plan to, ever so gradually, lift its COVID-19 restrictions on business, life and liberty, talk has inevitably turned to resuscitating an economy on life support.

Earlier during the response to the virus, Australia’s PM, Scott Morrison started talking about the economy “snapping back”, once the restrictions on business and movements were lifted. As if the deliberate destruction of the hospitality and tourism sectors will suddenly jump back to life, having been throttled out of existence.

There’s also been waffle about improving Australia’s “resilience” and “self-sufficiency”, heralding a renaissance of Australian manufacturing and industry.

With Australian businesses suffering among world’s highest power prices (thanks to its obsession with intermittent wind and solar, South Australian households and businesses suffer the highest prices in the world), the rebirth of manufacturing and industry sounds like so much wishful thinking.

International supply chains may have ground to a halt and the orderly flow of goods to market disrupted, but, before too long China will regain its primacy as the world’s manufacturing powerhouse. Two factors are responsible for China’s dominance in that domain: a cheap and flexible labour supply; and a reliable and affordable power supply. The latter being generated by hundreds of coal-fired power plants, with more being added every day.

If Scott Morrison was vaguely serious about improving the prospects for Australian businesses, he would be pushing for new coal-fired power plants in the short-term and nuclear power plants over the longer term. But, to date, the Morrison government has been a shining example of considered inertia on meaningful energy policy.

Without reliable and affordable power, Australia’s energy hungry businesses are doomed, whatever form the miraculous ‘snap back’ might take. With rocketing power prices, and an intermittent supply, mineral processors and manufacturers are terminal, and have been for years.

But, where there’s life, there’s hope. And for Australia’s hard-pressed businesses and industry that hope comes in the form of those few gifted with our good friends common sense and reason.

One of them is Keith Pitt, a former electrical engineer from Queensland with the temerity to point to the only way out of trouble for this troubled nation.

Aussie Resources Minister on the Green Covid-19 Recovery: “Coal can power the restart”
Watts Up With That?
Eric Worrall
6 May 2020

The global academic and mainstream media campaign for Covid-19 recovery funds to be spent on useless green energy projects just received a major setback.

Coal can power the restart, not divestment: Pitt
Peter Ker – Resources reporter
May 6, 2020 – 12.01am

Federal Resources Minister Keith Pitt has lashed the ”misguided” lenders that have vowed to abandon coal, saying new mining and energy projects will be crucial in waking the economy from its coronavirus slumber.

Mr Pitt urged lenders to act in the best interests of their “bottom lines” and shareholders, saying Australia needed to get as many resources projects into development as possible.

He said this included further thermal coal mines in Queensland’s Galilee Basin, where Adani is building the $2 billion Carmichael project.

”Every single job in the future is critical and needs to be delivered, so whatever we have in our project list, we need to get over the line, functional, operational, and paying Australians to go to work,” he said.

”Adani is another great project for Australia as we move into an economic recovery phase from COVID. We are going to need more Carmichael mines and other resource developments to get us back to a pre-COVID footing.

”It is disappointing that some banks and financial institutions continue to indicate their intention to withdraw support for our resources sector through misguided ideological reasons to appease green shareholder activists. I would strongly encourage them to look to their bottom lines and act in the best interests of all shareholders.”

… Read more:

We like Aussie Federal Resources Minister Keith Pitt.

Keith Pitt consistently speaks out against the cost of green energy, and the damage high cost green energy is doing to businesses and jobs in his district. Pitt is a consistent supporter of coal and nuclear power. In 2018 Pitt resigned his post as a minister in Scott Morrison’s government, denouncing his own party’s commitment to the Paris Agreement. Keith Pitt was appointed resources minister in the Scott Morrison government in February this year.

In the last Australian federal election Keith Pitt’s vote went up 6.1%. Most of the votes Pitt gained were lost by the Australian Labor Party, which campaigned on climate issues, and their plans for hard carbon targets.

Before he entered politics Keith Pitt was a power engineer, so he is one of the few politicians in Australia who knows how to do the math. He has the personal expertise to see straight through the lies of the renewable energy industry.
Watts Up With That?

Keith Pitt: Minister for Common Sense.

About stopthesethings

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

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