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Jo Nova
It seems people only wanted renewable energy if they got cheap loans
Just as the quarterly reporting season revealed crippling losses for wind power and EV’s, so it is with Solar energy.
The general US S&P shares index gained 15% this year but The Invesco Solar ETF (Fund) which invests in solar energy stocks around the world — fell by a dire 40%. Even the US “Inflation Reduction Act” couldn’t save the solar sector. As finances tighten with rising interest rates, apparently solar panel orders are among the first to be cancelled.
Some of the worst performers in the whole US share market are solar shares, with SolarEdge and Enphase losing 70% each this year. A few weeks ago, the CEO of SolarEdge said revenues this quarter were about half of what was expected. He blamed “unexpected cancellations” from European distributors. But US demand was down too. Indeed, the bad news started in California, the largest market in the US, when the government slashed home solar “net metering” payments in April by about 75%. Suddenly, it was going to take 10 years to pay off the panels. Solar panels were a luxury item.
If only solar panels […]
By Jo Nova
Shh! The Monster Banker Funds are secretly saving the World
By sheer coincidence the same day the Australian Treasurer said we’d have to pump up the subsidies on climate targets, a group of largely foreign bankers called for the Australian government to “hurry up with emissions reduction plans “.
The foreign investment bankers market themselves as “Australian and New Zealand investors” but boast they have $30 trillion in assets, which is a bit of a red flag when the GDP of both nations together is $2 trillion USD. It turns out the blandly named Investor Group on Climate Change (IGCC) is only 10% Australasian:
IGCC represents investors with total funds under management of more than $3 trillion in Australia and New Zealand and $30 trillion around the world. Investors welcome the development of internationally aligned climate risk disclosure requirements in Australia. —IGCC Submission to the Australian Treasury Feb 2023
But being 90% foreign doesn’t stop them putting in submissions to Parliament or pretending to be locals. Even The Australian thinks they are Australian:
An Australian investor group representing members with more than $30 trillion in assets says plans being developed by the […]
ABC News
By Jo Nova
It’s just emblematic of your Clean Green Future
Complexity and false hope is eating the crown of Australia’s Net Zero transition — the Snowy 2.0 Pumped Hydro scheme. Things have gone from “debacle” to Soviet Grade Industrial Fiasco. After Florence-the-tunnel-borer got stuck and created a sinkhole, workers spent seven months trying to shore up the ground, playing God against the mountain — pumping in grout, cement and polyurethane foam. But the foam made a gas so toxic the tunnel had to be evacuated. To make things worse the workers were originally told the gas was water vapor but it turned out to be isocyanate. At every point the Snowy Hydro team hid the bad news and issued propaganda, and it’s only taken the ABC a year to tell us the workers predicted the sinkhole, and three months to investigate the safety breach.
Still, that’s better than the NSW regulator who knows all the other safety breaches but won’t even share them, because it’s so bad ” it may affect the contractor’s reputation.” (Which it surely just did anyway.)
This is your low-carbon future. It was supposed to cost $2 billion but the bill […]
By Jo Nova
Just view the BBC as the promotional wing of the Crony-Corporate Deep-State Cartel and it all makes sense
Andrew Montford lays bare the hypocrisy: The BBC won’t call Hamas “terrorists”, even though they kill babies and are legally classified as terrorists. Apparently it’s not accurate and impartial enough for them, and they say it’s a “barrier to understanding”. But the same BBC calls scientists and engineers climate deniers as if it’s the golden path to knowledge.
The BBC are expert namecallers, they know the power of labels and brands, and that’s exactly why they do it. Calling people “deniers” is a barrier to understanding. It stops the public from listening to the scientists the BBC don’t like. The BBC have essentially admitted it in their own words. They won’t use emotive terms like “terrorists” on Hamas because they want the public to hear every excuse those-who-murder-babies say, but they will use emotive, meaningless terms like Denier when it suits them.
The BBC don’t want the public to understand skeptical scientists. That is the point.
Their hypocrisy is deliberate
The science debate can’t even start until the namecalling ends:
…
Andrew Montford: The […]
Like a Brexit moment for the nation.
UPDATE: Australia overwhelmingly votes for No Segregation. 60:40
UPDATE: New Zealand votes to throw out the Labor Government. It’s a good day!
The Labor Government wants to make some changes to the Constitution but they won’t tell us what they are what’s in the legislation that flows from the vaguely worded changes*. Presumably they know we won’t like it, and presumably, most Australians seem to have figured that out.
How, under the sun, did a nation of adults get to a point where we are being asked to effectively sign legal documents that no one has read?
FocalData
Polling from FocalData suggests that the people who live in the high density inner city locations, furthest from disadvantaged Aboriginal communities, are the ones voting Yes. It’s like a fashion accessory. And for Big Business and washed up celebrities too.
FocalData also said: “… our estimates point to a significant loss, and the potential for a realignment in Australian politics that looks quite a lot like the US and UK realignment.”
h/t Neville
*Amended: It’s a blank cheque. The wording of the constitutional change is listed here, giving Parliament and the […]
By Jo Nova
We’re on the precipice of a radical experiment with a national electricity grid
The AEMO (manager of the Australian grid) has finally released the major report on problems coming in the next ten years on our national grid, and it’s worse than they thought even six months ago. They euphemistically refer to the coming “reliability gaps”. They could have said “blackouts” instead, but a gap in reliability sounds so much nicer.
Bizarrely, the lead graph of the 175 page AEMO report goes right off the scale, mysteriously peaking in the unknown and invisible real estate off the top of the chart. And they’re not projecting troubles fifty years from now. Those cropped peaks of invisible pain hit from 2027.
And even the pain we can see is apparently quite bad. Two states are already likely to breach “the interim reliability measure” in this coming summer. Ominously, just one day after releasing the report, the AEMO is calling for tenders for “reliability reserves” in South Australia and Victoria. Apparently, they want offers of industries ready to shut down who aren’t already on the list, and they want spare generation too — get this — even asking […]
By Jo Nova
Yet another reason EV’s are a lousy way to “save the world”
The point of all the subsidies, the charging sites, the $3,000 parking fines, the extra generation, interrupted journeys, pot-holes, road-wear, tyre pollution, collapsing parking lots and random fires is supposedly so that we make the weather nicer by burning less fossil fuels. But in Norway where the biggest experiment in EV’s has produced an “idyllic” mass uptake of EV’s, the fuel use has hardly changed.
Rystad Energy says that this shows we *must* electrify the buses, tractors and trucks too, but really this just shows what a waste of money all the past subsidies were.
If the “low hanging fruit” subsidies didn’t achieve much, the next round of subsidies will have to waste stupendous amounts of money. Remember this doesn’t include fuel used to power the electricity cars, nor the fuel used to mine the lithium and build the EV, or to fill in the potholes and rebuild the bridges. No one even knows if EV’s will reduce carbon dioxide. “There’s no such thing as a zero emissions vehicle”.
This is just “road fuel” we’re talking about and it’s not reducing it much:
Is […]
Written by Jo Nova
Are we paying attention yet?
The BRICS nations (in red, below) have just accepted six new members — Saudi Arabia, Egypt, Argentina, Iran, Ethiopia and the United Arab Emirates (green). The block now includes 46% of the population of Earth. They make 43% of the worlds oil, and about a quarter of the traded goods. The BRICS are going to abandon the US dollar and another 20 nations have expressed a desire to join. The India Narrative, called it “a new world order”.
In other news, the BRICS groups said they’d quite like the West to keep giving them money and free climate technologies to save the world from climate change, (while the West battles the climate demons and hobbles its own economies). The BRICS promise they will absolutely, definitely, maybe get serious too in a few decades.
While they’re busy burning record amounts of coal, they oppose any trade barriers done by the developed world in the name of climate change. We wouldn’t want things like pollution, child labor or slavery to get in the way of a good trade would we?
When President Xi brags that they are the “global majority” it’s just […]
By Jo Nova
The current state of the Renewable Crash Test Dummy Transition
Everyone who can add up in Australia knows it can’t work, but the climate of fear stops them saying so. Last month a senior energy industry executive told the Australian Financial Review quietly that everyone believes [the 2030 target] will be missed, but nobody wants to say it. Apparently, even executives are being coerced into silence for fear of retribution. The insider referred to the “discretion” Ministers have on project approvals. It’s like a national mafia racket: “Nice business you have there — shame if you couldn’t get the permit”. So the Labor Party sets itself up to fail by silencing the people it could be listening to — as if the electricity will still be there when the turbines stop turning.
To put the size of the moonshot in perspective, even Federal Climate Change and Energy Minister Chris Bowen himself said the nation must “install 22,000 500-watt solar panels every day for eight years along with 40 seven-megawatt wind turbines every month”. In toto, we are supposed to build 44GW of “renewables” by 2030.
Instead of this frenetic pace, renewable energy investment ground to […]
Fifty years of the French Nuclear Industry
By Jo Nova
The dismal, destitution of our national energy debate
You would think our former Chief Scientist would know how to do basic research before commenting in the national news?
Alan Finkel says Australia probably couldn’t build one nuclear plant in less than twenty years, because the UAE took fifteen years. But fifty years ago the French built 56 nuclear plants in just 15 years. Isn’t that relevant and shouldn’t we at least mention that? At the time, the population of France was 51 million — twice what Australia is today. So pro rata, Australia could be aiming for 26 reactors.
If we ask nicely, perhaps we could borrow the old 1973 plans? The Messmer plan was launched in response to the oil crisis and the French started construction on three plants in the same year. The slogan they used was “In France, we do not have oil, but we have ideas.”
In Australia, our slogan it seems, is we don’t have oil, but we buy solar panels from China.
In a similar vein, two weeks ago Sweden announced it would be building 10 new nuclear reactors by 2045. With […]
By Jo Nova
The war on the poor has become a war on surveillance cameras
The ULEZ “Ultra Low Emission Scheme” in London will force drivers in outer London to pay a draconian £12.50 daily ULEZ fee when the scheme expands to their area from August 29th. But many of these people are poor and can’t afford to buy a new car or pay the fee. People who own diesel cars older than 2015 or petrol cars older than 2006 will have to pay the fees, so this will hurt the poorest people the most. Not surprisingly, this is very unpopular, as it has a large impact on some people’s lives. Tradies are wondering if they should give up their business, and older people are already being forced to sell their cars. Healthcare workers on late night shifts may end up trying to get home to outer suburbs in the dead of night on sparse bus routes. Everyone inside the ULEZ zone will also end up paying more to get tradies from outside the zone to come into it.
This affects a lot of people, and perhaps as many as 850,000 vehicles registered in London are not compliant. The RAC […]
By Jo Nova
Maybe the world should talk about bioweapon research?
The way Robert F Kennedy Jnr describes it to Tucker Carlson, it seems Anthony Fauci was not only a “director of health”, he was also a director of bioweapons. And he was the most well paid public servant in the country, thanks to a 68% raise to his salary — which came not from the health department but from the Pentagon. It’s an odd conflict of interest.
Kennedy points out that to deploy an infectious bioweapon you need a pre-prepared successful vaccine so the infectious agent doesn’t make your side sick too. He claims there are something like 36,000 scientists involved in bioweapons research or gain-of-function work in countless labs in the US and overseas. “We have no idea how many there are”.
Kennedy calls it the inverse of medicine, where life scientists are really “death scientists” who make diseases more deadly. In 2014 three bugs escaped from three different labs in high profile breaks, one was smallpox.
“RFK: “Anthony Fauci got all the responsibility for bio-weapons development….[After three bugs escaped] in 2014, 300 scientists wrote to President Obama and said ‘you’ve gotta shut down Anthony Fauci, […]
Image by Pete Linforth from Pixabay
By Jo Nova
The Government is not afraid of misinformation, they are afraid you will speak the Truth
Add your submission by August 20th
Misinformation is easy to correct when you own a billion dollar news agency, most academics, institutions, expert committees and 25% of the economy. The really hard thing, even with all that power and money is to defend an absurd lie and stop people pointing it out. Like for example if you want to spend a trillion dollars of taxpayer money using power stations, cars and steak sandwiches to change the global weather. For that, you need the Ministry of Truth to force the falsity on the serfs.
The best way to deal with misinformation is to speak better information.
Let the court of public opinion decide. There is something profoundly arrogant about the assumption that 26 million brains are too stupid to figure out the truth when left to their collective free debate.
The proposed Australian Communications and Media Authority (ACMA) misinformation bill is truly the draft that Mao or the Politburo would have admired. Effectively if you are government “approved” (institutional, […]
By Jo Nova
Whatever you do, don’t let the punters know the corals aren’t collapsing.
Wise Hok Wai Lum
Last year, the Great Barrier Reef had blockbuster levels of coral cover, and this year it’s the same, even though global carbon dioxide levels rose 1%, and China probably installed another 100 coal fired plants. The corals, apparently, don’t care.
The Australian Institute of Marine Science (AIMS) issued a press release, calling this repeat record a “pause”.
“A pause in recent coral recovery across most of the Great Barrier Reef” — AIMS
Last year only 3% of Australians knew the Great Barrier Reef was in record good health, and AIMS seemingly wants to keep it that way.
If this survey showed the reef was in record poor cover for a second year, would they call it a pause in recent damage? The lies-by-omission are still lies. AIMS is deceiving the taxpayers who pay for AIMS.
AIMS
It’s a disaster, again. How will scientists get research grants to manage a reef that looks after itself?
Peter Ridd is scathing:
“The fabulous condition of the reef demonstrates that the public has been systematically misled by many […]
By Jo Nova
The man is a soldier — Ian Plimer has put out three new books at once, written in three different styles at three different levels.
Volume 1 is written for primary school children and uses body functions such as food and farts to show the carbon cycle and demonstrates that net zero and carbon neutral are impossible. Volume 2 is for secondary school children and deals with the basics of climate change, renewable energy and EVs in a humourous, irreverent, slightly seditious and entertaining style whereas Volume 3 for post-secondary school children deals with the history of the planet’s climate changes and how climate policy will have a profound negative effect on their generation.
The book is aimed at parents and grandparents all over the world who might want to deprogram children from the barrage of propaganda that children are exposed to at school, in the mainstream media and on social media.
Order through Connor Court
9.8 out of 10 based on 80 ratings […]
By Jo Nova
We’re at an extraordinary moment in history. Of Republicans, 69% now believe Biden’s win was illegitimate. In spite of a relentless propaganda campaign, as many as 38% of all US voters think that “Biden did not legitimately win enough votes to win the presidency”. Think about how devastating that is to a democracy. Rather than dealing with this, CNN calls four out of ten Americans “election deniers” which perversely works to endorse Trump’s claims of the “Fake News Media”.
Despite the censorship, despite the indictments, or actually because of them, the deep pervasive sense that democracy itself is broken is widespread.
Campaign ads like this will not only tap into that but grow it.
This Trump campaign ad is pure Fire. 🔥🔥🔥
Vote for Trump and Stop Globalism. 🇺🇸 pic.twitter.com/2fjxYymjfV
— Freedom 🇺🇸🦅 (@PU28453638) August 4, 2023
…
This ad is a call to arms to face down the name-calling, the bullying and intimidation. It’s a great strategy to undermine one of the biggest tools in the Big-Government program:
Never give up.
*Headline corrected from Six out of ten Voters to 69% of Republicans.
9.9 out of […]
By Jo Nova
The perennial problem: Who watches the Watcher?
The Founder of Wikipedia reveals to Glenn Greenwald that he’s shocked at the bias and that CIA and FBI computers have been used to edit Wikipedia and that the intelligence agencies pay off “the most influential people to push their agendas” or they just develop their own talent within the [intelligence] community.
This is the problem: create something great, and powerful people can take it away, unless checks and balances stop them. But what stops the FBI and CIA — Who do the intelligence agents with guns fear?
Wikipedia Founder Larry Sanger to Glenn Greenwald: “CIA and FBI Use Wikipedia for Information Warfare”
Richard Abelson, Gateway Pundit
Speaking to Greenwald, Wikipedia founder Larry Sanger said that Wikipedia “used to be kind of anti-establishment” but “between 2005 and 2012 or so, there was this very definite shift to Wikipedia becoming an establishment mouthpiece. It was amazing. I never would’ve guessed that in 2001,” when he first founded the site, Sanger said.
Wikipedia became just another version of the left-wing media:
“By the time Trump became President it was almost as bad as it is now”, […]
By Jo Nova
Prime Minister Rishi Sunak
The seismic shift in UK politics that started with the Uxbridge byelection continues apace. It’s the dawning realization that anyone who tries to gift wrap Climate Pain at the election is a sitting duck if their opponents only oppose it. As fast as Rishi Sunak backtracks on Green sacred promises, the Labor Party is working out that their green flank is exposed to election winning missives.
Writers in both The Telegraph and The Financial Times in the UK are suggesting it’s “the end” — the political collapse of the open support for a reckless race to NetZero from both sides of politics. CNN reports that Rishi Sunak is “stoking a culture war on Green policies”. Hallalujuh. Since Uxbridge, “leading Conservatives have gleefully picked up the anti-green baton.” They’re taking a “populist approach to the climate”. Glory be! How dare they, in a democracy, do something that’s popular?
Thanks to NetZeroWatch
Starmer is about to be humiliated by the global retreat from Net Zero
SHERELLE JACOBS, The Telegraph
Tories aren’t just playing politics. The geopolitical ground is shifting beneath the eco fanatics’ feet
This […]
Freedom is steak and cars. Picnic at Albert Park Lake, Melbourne 1974 | by Rennie Ellis | NLA
By Jo Nova
How much is The Planet worth?
Polling shows Australians don’t believe there is much of a climate crisis. If they thought the planet would boil, they would surely be willing to spend more than $20 a week.
When it came to other climate-punishments to save the planet, the average person rated giving up meat as the worst option, followed by giving up petrol and diesel cars, and appliances.
The Greens were willing to pay more, but they weren’t so happy about giving up their overseas flights. Doesn’t that say everything? Which will it be, no more polar bears or no more skiing trips to Chamonix?
The truth laid bare in this poll is that Australians have no idea what the real cost of NetZero fantasies are. If they had any idea what the true price was, they’d be livid.
The great success of the green parasites has been to hide the costs of wind and solar schemes
The big message here for the Coalition is that all they had to do to win the last election […]
By Jo Nova
UK surprise byelection “shows why conservatives must stand against NetZero”
The Telegraph UK
Suddenly conservative Cabinet Ministers, who formerly cheered on green policies are telling Rishi Sunak, the British PM, to back off a bit on Net Zero. This phase shift is so deep, even the leader of the Labor Opposition is warning his Labor counterpart Sadiq Khan, Mayor of London to “reflect” on his expansion of the ULEZ car tax zone to outer London.
ULEZ is the Ultra Low Emission Zone, where a tax of £12.50 a day applies to high emission cars. Naturally, this hurts poor people with old cars living in outer suburbs much more than the inner city cafe latte set who can afford an EV and luxury religions.
The key point, perversely, is that Conservatives managed to barely hold onto Boris Johnson’s old seat of Uxbridge and South Ruislip. What apparently astonished the political masters was that the campaign to protect car drivers from the Mayor of London’s NetZero punishment was much more popular than they expected. The Uxbridge win plays against the backdrop of two whopping losses in other seats. The message is that salvation may yet arrive […]
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JoNova A science presenter, writer, speaker & former TV host; author of The Skeptic's Handbook (over 200,000 copies distributed & available in 15 languages).
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