By Jo Nova
For some reason the pursuit of global teenage-girly weather-control has meant Australian workers are less productive. Who could have guessed that attempts to stop storms, floods and droughts in a hundred years would not make us richer today? I mean, apart from everyone?
“Australians are working harder for less”
In the last 25 years we’ve spent 126% more on capital costs but only improved output by 14%.
Now even the Productivity Commission is warning that renewable green investment is holding back the nation.
Australian productivity was rising until it suddenly fell off a cliff around May 2022 (see the graph below). Coincidentally this was the moment the moment the Albanese Labor Party first got elected and went gangbusters with renewable energy. It seemed to be worthy of an annotated arrow, so I added that in…
Productivity Commission: Quarterly productivity bulletin June 26
From The Australian:
Renewables and green spending drag down productivity, PC warns
By Matthew Cranston, The Australian
Australia’s falling productivity levels have been driven down by the replacement of coal-fired power plants with billions of dollars in renewable energy projects, the Productivity Commission has declared, as it warns governments to make only the most efficient, cost-effective investments.
After Energy Minister Chris Bowen made a push alongside the UN’s top climate official this week for further investment in renewable energy, Productivity Commission deputy chair Alex Robson released a study showing that such investment had “contributed to a productivity decline” and Australians were working harder for less...
The warnings follow Jim Chalmers and Anthony Albanese nominating improved productivity as a cornerstone of the Labor government’s second term, and Mr Bowen in his role as COP31 president of negotiations encouraging a push for a new global electrification target.
Estimates have placed the government’s annual spending commitments to climate and renewable energy at more than $9bn a year.
In other news this week, families are in shock at the cost of electricity:
‘It’s not sustainable’: families reveal their desperate struggle as ‘insane’ power bills soar
While the 17 solar panels on her roof used to cut her electricity bill down to almost nothing, now even that is not enough. “We used to only ever get a bill in the winter months,” she says. “It was always very low, sometimes even $100 a quarter. Over the last 12 months, the bills have just gone up by hundreds and hundreds of dollars.”
In September 2022, Ms Killorn paid $412 for a quarterly electricity bill. In 2025, her September bill came to an eye-watering $1506. Her most recent bill in March this year was $893.
And the government has to prop up our smelters or they would go out of business because they can’t afford the electricity either:
Ayres open to more Nyrstar funding as taxpayer aid tops $240m
Industry Minister Tim Ayres has left the door open to further support for Nyrstar’s loss-making Port Pirie lead smelter and Hobart’s zinc refinery, saying overseas “non-market practices” would be a key factor in future funding decisions.
On Wednesday, the Albanese government announced a further $105m support package…
This is a Singaporean company we’re paying to dig up our minerals using our green expensive electrons. Go figure…
“The UK currently spends about 10% of its GDP on overall low-carbon investments required to transition to a net-zero economy. However, the net direct cost (the actual financial burden on the economy after accounting for savings from phasing out fossil fuels and efficiency) is estimated to be roughly 0.2% to 1% of GDP annually.”
The net cost estimate is obviously delusional and comes from the deranged Climate Change Committee.
Meanwhile the UK defence minister just resigned unable to get the cash to defend our country. Starmer is so weak he could not force Miliband to relinquish any of his budget.
https://www.bbc.co.uk/news/live/cgqeg09p3p1t
https://www.express.co.uk/news/politics/2216339/ed-miliband-keir-starmer-net-zero-row-labour
NetZero is not only financially ruinous, it is destroying national security too.
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Once the greatest military force in human history, the British Navy is no longer fit for purpose. They have more flag officers than capital ships, it took them nearly a month to get a warship to defend their bases in Cyprus and on it’s arrival the HMS Dragon had to be docked due to technical difficulties, and Russian ‘shadow fleet’ vessels have been running through the English Channel largely unmolested for the past six months because the Brits don’t have any ship available to deter them.
For the past couple of decades, the British navy has been little more than used car lot for every nation that aspires to build it’s own navy (as Britain’s dwindles). It’s a shame the Admirals weren’t sold with them.
https://www.portsmouth.co.uk/news/defence/royal-navy-sold-scrapped-ships-21st-century-5216707
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It’s all part of the plan.
The Left have always hated the productivity and high standard of living provided to non-Elites by free enterprise (capitalism) and the abundant inexpensive energy it provides (which contributes to a high standard of living).
Even among the fully woke OECD countries, Australia is doing poorly. But it is one of the most resource and energy-rich countries in the world with what used to be a highly educated population. Educated with useful skills and knowledge that is, not the woke nonsense taught in “schools” and “universities” today which churn out people who are almost illiterate and innumerate.
It takes a special kind of evil to degrade and regress the country as much as has happened, it can’t be accidental.
One Nation or no nation.
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