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In Australia a Woke tech-billionaire has decided to “keep” the coal assets in AGL in order to destroy them (like that’s the “free market” at work) . But in the rest of the world, coal is $400 a ton and everybody wants it.
Maybe Australians will get so rich selling coal they can afford to use electricity from unreliable generators instead?
Not behaving like a stranded asset. Trading Economics
Britain could keep coal-fired power plants open this winter
LONDON (Reuters) -Some of the British coal-fired power plants slated for closure this year might need to stay open to ensure electricity supply this winter, the government said on Monday.
Countries across Europe are drawing up contingency plans against potential disruption to flows of Russian gas because of the war in Ukraine. Russia typically supplies about 40% of Europe’s gas.
Britain can generate about 50% of its electricity from gas. Although Russia only meets about 4% of Britain’s gas needs, a significant disruption in supply would affect prices in Europe and make it harder for Britain to secure gas from others.
How screwed is that market when they have to “devise” a framework to […]
A radio journalist was at the Jan 6 riots and thought the FBI would want his detailed footage showing men smashing windows and trying to incite others to join in. The odd actors dress strangely, act differently, have radio’s strapped on, and push people into the Capitol Building at times, and Bobby Powell has 29 minutes of high definition video, on the terrace, up close, but the FBI don’t want to find out who those people are. They are not sitting in jail, like others accused of Jan 6 crimes. Their photos are not even posted on the most-wanted lists.
Journalist Bobby Powell has spent 16 months trying to get anyone to pay attention in officialdom. He posted the video on Twitter of the US Capitol Police and within five minutes his Twitter account was permanently suspended. Google demonetized his Youtube account. Facebook took down his live streams, and now Paypal has shut his donation account. He spoke to some of biggest names in broadcast news but no one was interested in “a story about alleged government agents attacking the capitol”. Now he has sold his own home to keep going.
The one person who is interested is Brad Geyer, […]
Last week small electricity retailers were bleeding so badly they doubled their prices and asked their customers to leave.
This week it’s a big gas retailer, as Australia belatedly faces the same pain that hit and wiped out UK energy retailers:
Gas retailer Weston Energy’s collapse stirs call for Labor intervention
Perry Williams, The Australian
Weston Energy, which provides gas to more than 400 companies and government agencies, ceased trading with immediate effect on Monday, creating uncertainty for major manufacturers with 7 per cent of the east coast’s commercial and industrial market forced to find a new supplier.
The company said it could no longer finance cash flow requirements of its trading portfolio “on a timely basis” with prices rising over 180 per cent since April, and almost three times higher than at the start of the year.
These are blistering rises in costs:
With spot gas prices up to four times higher than normal levels and wholesale electricity prices in NSW on track to finish the June quarter twice as high as the previous record, Mr Willox called on the Albanese government to respond.
It’s a cult.
[…]
If the Liberals stop trying to pander to the wealthy Woke electorates and focus on what most Australians want they can reinvent themselves to speak for mainstream Australia by the next election.
The dismal election result for the Liberals and Nationals in Australia may yet set them free. By shifting to the left on issues like Climate Change the Liberals were hobbled. They tried to be Labor -lite, but then couldn’t point out the sheer stupidity of trying to change the weather. Net Zero was a good goal they said, and so the voters voted for people who would do more of it sooner. By adopting Labor-Green ideas and just trying to be better managers of bad programs they lost their mojo. There were no battles on principles in this election, just personalities.
The Right have been bullied into submission — afraid of being called climate deniers, racists, sexist or anti-vaxxer, they fought for nothing much. And so the voters voted for nothing much — splitting every which way. Astonishingly a new government will be formed that nearly 70% of Australians didn’t vote for. The Labor Party won with the lowest primary vote ever recorded in Australian history.
The […]
It’s the day before the election and all through the house, electricity bills are doubling…
The price rises are so extraordinary one retailer is asking their customers to leave “in the next 24 hours”.
Across Australia small power suppliers are sending emails to customers right now warning them that their rates are going up next week by eye-watering amounts. Wholesale electricity prices were at a record high in April this year, and it hasn’t improved in May. Prices are hitting $200-$300 per megawatt hour, not as a peak, but as a 24 hour average. In South Australia two days ago, the average for the full day was $1,141. Futures contracts are rapidly taking off and these rises are starting to flow through to customers. Already, the small retailers are bleeding cash, just as they did in the UK, and if wholesale prices don’t come back to Earth soon, they will go out of business.
Reader Brett in South Australia shared an email from Discover Energy. As of next week the standard peak rate will rise from 39 cent per kilowatt hour to 70 cents. Off peak rates rise from 27 to 46. He also adds, “My brother lives in NSW […]
Another Project Veritas operation exposes what’s going on behind the lines at Twitter and the most astonishing thing is not the political censorship but how Twitter is run like a Day Care centre for student activists. It’s not a profit making business, so much as a university club with salaries for people who may only work 4 hours a week and brag about being “left left left” and as “commie as f**k”. If they need days off, they just don’t turn up to work. Sometimes they take months off. “Mental health is everything”.
No wonder Twitter employees hate Musk and are stress eating — They have jobs where they get paid to take a month off, and no one cares how efficient they are, or what their sales figures or expenses were. Nice work if you can get it.
Which begs the pointed question of who is paying for all this?
If Twitter isn’t there to make money, who is pouring the dollars in, and is the political censorship the whole point? And if that’s the case, and it sure looks like it is, TWTR is a listed trading stock and the words fraud and fiduciary duty seem apropos. If […]
Bless Craig Kelly for saying the obvious that hardly anyone else will say*
The faster Australia gets to Net Zero the more we surrender to China. | Photo by Christels
China is too poor to rush to Net Zero but it cheers us on. It calls itself a developing nation while it develops a nuclear fusion plant, launches hypersonic weapons, runs a shadow war in space “every day”, and landed a rover on the far side of the moon (which has been cruising around now for a full year).
It’s too poor to do Net Zero, but it’s rich enough to buy off our Pacific neighbors, while we close factories so we can keep the lights on. China buys a belt and road while we buy off the Weather Gods with sacrificial Green electrons and try to to stop storms 100 years from now.
China is digging up more coal than any nation on Earth, but it didn’t even turn up to Glasgow. One year ago China suddenly cut its wind and solar subsidies, and reduced it’s carbon trading scheme back by two thirds. Yet Australia is going double gangbusters to install more renewable watts per capita than […]
The Swamp is not even hiding the corruption, just the exact dollar figure
Anthony Fauci is effectively King of the National Institute of Health. He gets paid $450,000 a year — the highest paid public servant in the United States. In just one year alone the NIH dished out $30 billion to more than 50,000 recipients. And there are royalty payments that flow back the other way, which amounted to $350 million dollars over the decade from 2010-2020. And here’s the weird thing, most of those royalty payments are secret.
Thirty billion dollars is an awfully big carrot, and even though $350 million seems small in comparison, it’s awfully big compared to the salaries of the few key decision-makers. It’s an obvious conflict of interest, and lives are at risk, but it’s not even being disclosed.
If Big Pharma were paying off people to get their drugs approved, it would look a lot like this. And if Big Pharma (or the asset managers that own big pharma) were also paying off the media to silence reporting of NIH corruption would the media ignore this story — exactly like it does?
In a normal world this type of corruption would be […]
Stick with this — step over the cheap shots at Trump and predictable hits on conservatives — Bill Maher is doing a cracker job on a soft left audience. He’s packaged up a dose of medicine about how important free speech is. His is a rare voice on the left pointing out the hypocrisy and stupidity of censorship.
“Keeping you safe and sorting out the lies is your job” (not Twitters)
We always focus on the producers and never the consumers, as if we’re all helpless dumb blondes ready to believe everything…
People lie, that’s what people do. Every age is the misinformation age, and whenever a new means of communication comes along some reach for the censor button. In 1858 the New York Times thought we couldn’t handle the Transatlantic Telegraph. “It was superficial and too fast for the Truth”…
He also tosses a cold bucket or two on the lefty willingness to believe the Covid stats, and effectively calls all the censors “assholes”.
In America you have the right to say what you think, to be wrong, and to be an asshole.
And if you […]
Ron DeSantis announces that November 7th will be a day to honor the Victims of Communism
A true leader:
“I notice, that people who escape communism for free societies never choose to go back…”
“There are probably more Marxists on college faculties in the United States than there are in all of Eastern Europe combined.”
“The body-count of Mao is something that everybody needs to understand.”
The key parts are from 2:30 – 5:00.
Students will learn what Marxism does:
Beginning in the 2023-2024 academic year, high school students enrolled in US government courses will get at least 45 minutes of instruction each November 7 describing how “victims suffered under these regimes through poverty, starvation, migration, systemic lethal violence, and suppression of speech.” – New York Post:
The legislation means students will learn about Stalin and Mao and Pol Pot 9.5 out of 10 based on 62 ratings […]
Everyone is going to want one of these. And he’d only six lessons!
Record Jet Suit Mountain Ascent
From the Youtube:
We proved you can scale a Lake District Mountain (3100ft Helveylln) in 3mins 30 seconds, despite very poor visibility that would have grounded a HEMS Helicopter. The Mountain Rescue foot response is over 70 minutes typically. The route was 1.2 miles and 2200ft of height gain.
9.8 out of 10 based on 44 ratings […]
China has already announced it will dig up another 300m tons of coal next year, and now India is planning to boost its own production by 500m extra tons in the next two years.
Coal mine in Dhanbad, India. | Flikr
Amazing what a strong market signal can do
TradingEconomics
India increasing domestic coal production, cuts environmental green tape
India needs a billion tons of coal a year, and digs up about 770 million tons. Suddenly the plan is to increase that to 1.2 billion tons “in the next two years” and if that means opening 100 old mines and throwing away the green tape, so be it.
Phys-Org
Soaring temperatures have prompted higher energy demand in recent weeks and left India facing a 25-million-tonne shortfall…
The government hopes to woo private mining giants—like Vedanta and Adani—to revive more than 100 dormant coal mines previously deemed too expensive to operate, using new technology and fresh capital. …the Environment Ministry said it has allowed a “special dispensation” to the Ministry of Coal to relax certain requirements—like public consultations—so mines could operate at increased capacities. Coal mining projects previously cleared to […]
The Wheels Slowly Turn on the Shifting Sands of The Narrative
After years of saying the Little Ice Age was just a European, or Northern Hemisphere event, now apparently it was more global. It’s just that it was caused by volcanoes and white guys.
Climate crisis: what lessons can we learn from the last great cooling-off period?
Michael Marshall, The Guardian
The ‘little ice age’ of the 14th to the 19th centuries brought cold winters to Europe and unusual weather globally. Studying how humans adapted could be valuable.
The story isn’t entirely settled, but researchers are increasingly confident about the initial trigger: volcanoes.
“You have these eruptions that are happening in clusters,” says Degroot. A 2015 study used data from ice cores to identify 25 major eruptions from the past 2,500 years. Between 1200 and 1400, there were huge eruptions of the Samalas volcano in Indonesia, Quilotoa in Ecuador and El Chichón in Mexico.
But the volcanoes reasoning is a bit hand-wavy and vague, so Michael Marshall knows he needs other reasons. He considers the sun as a ball-of-pure-light for a few paragraphs, ignoring that it might have […]
I’ll be discussing the absurdity of Destroying Perfectly good Electricity Grids in Australia with the Friends of Science in Calgary, Canada with a presentation then Q&A. It will be live 7pm MDT Monday evening in Canada/USA and Tuesday 10th morning in Australia (11am EST, 9am WST). It will be available to watch afterwards as the wonderful Ian Plimer’s is now from last week.
“Australia – Crash Test Dummy of Renewable Energy” with Joanne Nova Click here for more information 9.8 out of 10 based on 50 ratings
2000 mules is in 300 US theatres from Saturday May 7th. It premiered last weekend to reviewers.
Instructions far below on how to watch it since it might be a while before Warner or Disney pick it up. Dinesh D’Souza has to reinvent a whole new way of distributing it.
Tierney: They have proof
I saw Dinesh’s movie “2000 Mules” last night. It provides massive evidence and concrete verifiable proof (digital & video) that the election was rigged. An informant from Arizona also detailed how she participated in the scheme and explained how it worked.
At the conclusion of the movie, two well-respected Salem radio hosts — Larry Elder & Dennis Prager — who have both vehemently DENIED voter fraud up to this point — were totally convinced that America was robbed — and ANGERED that they had been played. The theater applauded!
They have proof that the scheme took place in large counties in Arizona, Georgia, Pennsylvania, Michigan and Wisconsin. These are all states that President Trump won in 2016 but mysteriously flipped to Biden in the middle of the night in 2020.
The mules averaged 38 visits during the 2020 […]
Brisbane on May 3rd was a glorious 15 to 25C (or 60F – 77F) and yet the price of electricity was shocking.
The scale of the graph is so distorted that all the normal price gyrations fall to nothing, and there is only the spike — a full hour of $14,000 burning for every megawatt, and the state needing 7,000 megawatts. The demand level, or load is not unusual, but it’s about $100 million in electricity.
And this is the nice time of year for electricity managers, or it used to be. With weather that’s ideal for human habitation most air-conditioners and heaters are off. But the sun is setting earlier, and solar power is shrinking just as everyone gets home from work to turn on the oven.
AEMO
Some may blame the “lack of coal power”, but notice what’s happening to wind and solar power at critical time from 5:20pm to about 6:30pm.
All the wind and solar power in Queensland on May 3, 2022 |
Though there are other factors at work too and some are a bit mysterious according to Paul McArdle. Queensland at one point had only a 7% instantaneous reserve plant […]
Don’t mention the Australian vaccine: The TGA bans Aussie Professor from talking about his work
Australia has a mini Ministry of Truth already. It’s called the TGA.
Australians can probably still get a Pfizer vaccine in chemists and carparks across Australia, but they still need to fly to Iran to get an Australian-made vaccine. The good news is that at least this week it’s legal for Australians to finally fly to Tehran without taking Pfizer or Moderna shot first — as long as they don’t fly on an Australian airline. (Not mentioning any names, Qantas!)
The people mostly responsible for this situation are the TGA (Therapeutic Goods Association). They’re supposed to be looking after Australians health but somehow all their decisions happen to be exactly what a Pfizer CEO would want. Spooky eh? The TGA rushed the approval for the Pfizer vaccines, but still, millions of doses later, won’t release the procurement contracts, even under FOI. Signed on our behalf, and for our own good, yes? Did they even read the documents that Pfizer AND the FDA tried to hide for 75 years?
Now meet Professor Nikolai Petrovsky from Flinders University, Australia, who had already developed protein based vaccines against […]
Luckily for Energy Oligarchs, Australian electricity prices have bounced right back to pre-pandemic insanity. Wholesale rates are romping around $170 dollars a megawatt hour in April across the whole national grid…
The media mouthpieces are blaming it on outages of coal turbines — even though wind power fails every week, and solar fails every day. If unreliable generators cause high prices, then Wind is King Fickle. They’re also blaming high coal prices, but coal itself, is a small part of the cost of a two billion dollar plant. Naturally, neither political team has a clue how to fix this. But it’s all so banal — the prices are set at auction, and some fuels are cheap. Add more of the cheap type, and we’d get cheaper electricity.
Right now, if there were more black coal plants setting the price more of the time, electricity would be half the cost. If enough brown coal plants like Hazelwood were still running, the prices would be a fifth. It’s all there in the data that ABC journalists never find. Consider the winning bids by fuel type in Australia for the last quarter of 2021. For Brown Coal, the average winning bid was $11 […]
It’s like we’re living in a satirical movie — Idiocracy comes to mind, but these people have real names. The new Chief of Thought Police in the US is Nina Jankowicz, who would fit right in singing on The Hunger Games. She thinks the Right deals in highly emotional rhetoric, but she’s the one who said women can’t use the Internet because it’s just too upsetting for them. She claims that anyone who uses the free-speech-versus-censorship line is speaking a false dichotomy.
Meanwhile Homeland Security Secretary, the man in charge of the government’s guns, Alejandro Mayorka, talked of identifying people who could be descending into violence… due to disinformation.
What’s disinformation? Whatever the Democrats say it is.
The good news is that if they weren’t losing every single public debate they wouldn’t need to set up a “Disinformation Governance Board”.
It’s one of those moments in history where everyone needs to tune in:
Or read it (at the link)
Snippets from the Transcript
When Elon Musk first announced that he was buying Twitter, it was pretty obvious the Democratic Party would soon become unhinged, not just angry or annoyed in the way you’re very […]
Dominion Voting Machine
What would you do if you discovered three weeks before your national elections that the voting machines your nation was about to use were easily hackable by local or foreign state actors? The Dominion electronic machines were going to be used in 16 states, and it was a “matter of national security”.
Judge Amy Totenberg decided it was all far too hairy, and too late to do anything, so she sealed the entire 25,000 word report by Dr Alex Halderman. But strangely in September the following year the author was still unable to send these “national security” documents to DHS-CISA. They were still legally sealed, and he was unable to give that information to the government.
Dr Patrick Byrne, the Stanford graduate of Philosophy, and also Asian studies, polymath, and self made Overstock billionaire wrote a story last October that in a normal world would have printed its own front page headlines, along the lines of “Scandalous report on Risks of Dominion Voting Machine Suppressed before 2020 election”. Naturally, no one has heard about it. Note that the report and study was done before the elections and contains no evidence that the 2020 elections were […]
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The nerds have the numbers on precious metals investments on the ASX
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