Mark Twain noted reports of his death had been greatly exaggerated. So too, the ‘death’ of coal-fired power. For years, the wind and sun cult have been bleating triumphantly that ‘coal is dead’. Energy markets, however, don’t share their peculiar worldview. Thermal coal prices are off the charts, with record demand driving record prices: Australian thermal … Continue reading Markets Reject ‘Coal is Dead’ Mantra: Global Thermal Coal Prices Surge to All New Record
Category: fossil fuel
Renewables Regret: Power-Starved Europeans Rue Their Governments’ Wind & Solar Obsession
Eating cold baked beans in the dark might not be everyone’s idea of fun, but power-starved Europeans are getting used to that kind of indignity. German households and businesses are already suffering Europe’s highest power prices; since Putin’s Ukrainian adventure began, German power prices have rocketed, further still, recently hitting a record 40 US cents per … Continue reading Renewables Regret: Power-Starved Europeans Rue Their Governments’ Wind & Solar Obsession
Transition to Poverty: Britain Being Crushed By Staggering Cost of Wind & Solar Obsession
What does the ‘inevitable’ wind and solar transition look like? Try power-starved Britain, where power prices are out of control, with much, much worse to come. Last October, the average annual energy bill was £1,400 ($2,400). Energy industry analyst Cornwall Insight forecasts that the British price cap will skyrocket and the average annual bill will … Continue reading Transition to Poverty: Britain Being Crushed By Staggering Cost of Wind & Solar Obsession
Demand Control: Wind & Solar ‘Transition’ Means Routine State-Controlled Power Rationing
Delusional reliance on unreliable wind and solar is a reason that governments are interfering in consumers’ power usage. Pitched under the euphemism “demand management”, state-controlled power rationing is the natural consequence of attempting to run on sunshine and breezes. When the sun sets and calm weather sets in, wind and solar power can’t be bought … Continue reading Demand Control: Wind & Solar ‘Transition’ Means Routine State-Controlled Power Rationing
No Contest: Coal-Fired Power Outright Winner In Reliable & Affordable Energy Wars
China, India and Indonesia are building hundreds of coal-fired power plants because they deliver electricity all day, every day at prices that everyone can afford. The reason for backing coal-fired power is that simple. And yet thanks to a mixture of mercenary self-interest on the part of renewable energy rent seekers and the wilful ignorance … Continue reading No Contest: Coal-Fired Power Outright Winner In Reliable & Affordable Energy Wars
Cheap Energy Surge: Asia’s Economic Miracle Driven By Reliable & Affordable Coal-Fired Power
Between them, China and India have already dragged hundreds of millions out of abject poverty, thanks to cheap and reliable coal-fired power. There's no mystery to it; having electricity as and when households and businesses need it is central to an ordered, prosperous and civil society. Cheap power is at the heart of manufacturing and … Continue reading Cheap Energy Surge: Asia’s Economic Miracle Driven By Reliable & Affordable Coal-Fired Power
China’s Transition From Agrarian Poverty Fuelled By Mountains of Coal
China’s rise is built on the same black stuff that dragged Europe out of the dark ages: mountains of coal. While the ever inscrutable regime in China outwardly pays lip service to climate warriors railing against carbon dioxide gas, with a wink and a nod to its own wind and solar schemes, China is building … Continue reading China’s Transition From Agrarian Poverty Fuelled By Mountains of Coal
Blackout Blame Shifting: Wind & Solar Collapses Responsible For Unplanned Power Outages
Wind and solar generators happily take credit when the sun’s up and the wind’s blowing, but dodge all criticism when blackouts follow sunset and/or calm weather. The standard trick is to point in every direction - except the obvious - when power rationing (euphemistically called “demand management”) or unplanned power rationing (aka widespread blackouts) follows … Continue reading Blackout Blame Shifting: Wind & Solar Collapses Responsible For Unplanned Power Outages
Never Brighter: Energy Starved Economies Guarantee Endless Demand For Fossil Fuel
The renewable energy cult reckons “coal is dead”, but the market says otherwise. Thermal coal prices are off the charts, with record demand driving record prices: Australian thermal coal prices recently hit $US$400 ($548 a tonne), with prices still on the rise. The crowd that tells us that we’re only a heartbeat away from an all wind … Continue reading Never Brighter: Energy Starved Economies Guarantee Endless Demand For Fossil Fuel
Wrecking Ball: Net Zero CO2 Emissions Targets Guarantee Economic Armageddon
Driven by climate alarmists and rent seekers ready to profit from the wind and solar subsidy scam, net zero carbon dioxide emissions targets are just the latest woke wheeze to grip our political betters. The idea that modern economies can function without the energy generated by fossil-fuels (whether consumed by motorcars or in power generation) … Continue reading Wrecking Ball: Net Zero CO2 Emissions Targets Guarantee Economic Armageddon