Markets Reject ‘Coal is Dead’ Mantra: Global Thermal Coal Prices Surge to All New Record

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 […]

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 […]

Inconvenient Truths: Sunset & Calm Weather Mean Wind & Solar Can Never Power Us

No country has ever powered itself entirely on wind and solar; no country ever will. And the reason is very simple: sunset and calm weather. Pressed on the inherent intermittency of wind and solar, the acolyte starts muttering about “storage” as if it were a thing. It isn’t and, for reasons of physics and economics, […]

Apologise Now: West’s Attempt To Rely On Wind & Solar A Monumental Mistake

Anyone who still believes in an ‘inevitable’ transition to wind and solar, clearly hasn’t been paying attention. The same crowd tells us that ‘coal is dead’, ignoring the fact that coal demand continues to rise and the record prices paid for the black stuff is through the roof. The Russian advance on Ukraine has only […]

Permanent No-Hopers: Never-Reliable Wind & Solar No Match For On-Tap Coal-Fired Power

Virtue signalling anti-coal/pro-wind and solar groups are picking a fight they can only lose. NWO/NGOs have launched rabid attacks on any company with the temerity to back coalmining and/or coal-fired power. The activists’ line goes that any company that isn’t telling its shareholders that coal and coal-fired power plants are already dead, is lying to […]

Fossil Fuels Plug Renewables Gap: Gas Price Surges As Unreliable Wind & Solar Fail to Deliver

As wind and solar output collapsed during a bitter northern hemisphere winter, gas prices surged. Demand for natural gas – used to plug the growing gap between what wind and solar generators promise and what they deliver – has never been stronger. So much for our ‘inevitable transition’ from fossil fuels to an all wind […]