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By Jo Nova
Seismic backflip — NetZero unravelling in real time around us
Mark Carney, recently elected the new PM of Canada, was Mr Net Zero Banker-man himself. Once upon a time, he was Governor of The Bank of England, and was so passionate about saving the planet, he set up a cartel of bankers called The Glasgow Financial Alliance for Net Zero (GFANZ). Since 2021 this was the black hole sucking in national energy policies. At one point, all the bankers in GFANZ cumulatively managed $130 trillion dollars worth of assets — that’s trillion with a T — meaning it was so large it was five times bigger than the US economy. As if that wasn’t bad enough, they were in cahoots with the UN and were essentially acting like a quasi world government, setting targets and rules and bossing democracies around by boycotting loans to legal oil and gas companies. GFANZ were eventually neutered by 19 Republican States in the US who fired off legal anti-trust and fiduciary duty salvos.
The new Mark Carney seems to find Donald Trump more frightening than Climate Change
Never mind about the sixth mass extinction, Mark Carney now wants Canada to dig up more oil and gas so they don’t have to buy it from the US. What matters is not whether his great grandchildren will bake in a catastrophe — but whether he can win a trade war with Donald Trump and stop him stealing Alberta:
Thanks to @NetZeroWatch
By Johnathon Leake, The Telegraph (UK)
Once considered the Bank of England’s greenest-ever governor, Mark Carney has seemingly undergone a Damascene conversion.
During his time at Threadneedle Street, he called on the world to leave 80pc of oil and gas in the ground.
But now, as Canada’s new prime minister, he wants to pump as much as he can to protect the country’s economy from Donald Trump’s trade war.
Canada is going to become an energy powerhouse, Carney told reporters last week…
Mark Carney was dropped in as Prime Minister in mid-March, but facing an election, the first bill he signed was to kill off the carbon tax — something the opposition leader, Pierre Poilievre, was campaigning heavily on.
Meanwhile, Alberta, the energy rich “engine” of Canada, was talking about seceding if he won, fed up with all the carbon rules and “Liberal neglect”. But suddenly Carney went on to promise to build oil and gas pipelines, set up LNG export terminals and undo the restrictions on carbon dioxide emissions. All the Trump talk of Canada becoming the 51st State and the imposition of tariffs may have slayed their carbon tax, and triggered new gas pipes and ports for Canada.
UPDATE: This is not a case of Trump Derangement Syndrome. Trump is a real threat (to Canada’s poncy green delusion). Carney is a smart guy (he’s selfish, serving the UN-banker-blob, but he’s not stupid). Trump has dropped the tariff bomb on Canada’s economy — he sees the weakness in the Canadian position and has upped the ante. Trump holds the cards. Carney knows he has to make Canada more self-sufficient. So paradoxically, Carney has to act like Trump, and not like a Greenie Banker, or Trump will be able to blow up Canada’s economy and even split the country in half. If Alberta leaves, there goes massive resources, and possibly British Columbia, Saskatchewan and Manitoba too.
Anthony Albanese is not that smart. But if he was, he’d be paying close attention to the Canadian situation. Trump is about to point out how utterly dependent Australia is on the USA.
Amazing what Donald Trump can achieve:
By Nadine Yousif, BBC News
Canadian Prime Minister Mark Carney said his government will start pushing legislation that would fast-track ambitious national projects to boost Canada’s economy, now faced with Donald Trump’s tariffs.
Carney said his plan is to narrow down a list of so-called “nation building” projects – like pipelines, nuclear reactors and trade corridors – and create a framework in which the projects would be approved in under two years’ time.
Apparently large gas pipelines are all OK now, just say the magic words: “carbon capture”.
UPDATE: Obviously the futile and useless “carbon capture” is just the marketing cover to hide that Mark Carney has just flipped 180 degrees. Carney doesn’t now, and probably never did give a damn about CO2 (he would have promoted nuclear power if he did). Right now he is playing poker against Trump but needs some fakery to pretend this is not complete capitulation and the end of the green fantasy. Carney is just putting out breadcrumbs for the green serfs, so they don’t revolt.
Bloomberg, June 3, 2025
Mark Carney said he sees opportunity for Canada to build a new pipeline to ship more oil to foreign markets, if it’s tied to billions in green investments to reduce the industry’s environmental footprint.
Carney said Canada still aims to ease trade tensions with US President Donald Trump, but in the meantime it must scrap internal trade barriers and build national-scale projects in order to take matters “very much into our own hands.”
“We will be a superpower when it comes to energy of all forms,” Ontario Premier Doug Ford said in his own remarks. “That’s our goal today, to make sure that we have large, national infrastructure projects that will benefit every Canadian from coast to coast to coast.”
Though the Bloomberg team that wrote carbon capture in the headline did not mention it in the story. Shh! The Blob-Media is helping Mark Carney pretend that oil and gas pipes can be green.
The US is the worlds top producer of oil at the moment, with 44 billion barrels of oil in reserve. Amazingly Canada has four times as much — or 171 billion barrels of oil in recoverable reserves, says the Telegraph. It’s amazing how stupid rich countries can be — to leave, as Alberta’s premier says, “$9 trillion worth of oil wealth we have in the ground”?
Speaking of stupid, perhaps the greatest and saddest irony is that Mark Carney once was the green-extreme Governor of the Bank of England. And while there, he helped tie the UK down in carbon markets and energy transitions that still cripple their economy. Can Trump save the UK too?
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By Jo Nova
What an amplifier? The Chinese communist party quietly helped New York create a $75b climate SuperFund Law
That’s a lot of bang for their buck.
Imagine The Blob buddied up with China to lobby for a law that forced energy companies (and thus the shareholders and customers) to cough up $75 billion to fund green initiatives? The Blob gets more money to buy power and influence and buy favors from their friends. The Chinese Communists make their competitors energy more expensive, and thus all their products more costly, less competitive, their economy weaker. Suits every kind of grifter, eh?
But perhaps China just wants to save American whales right? Why else would the Chinese-American Planning Council (CPC) be so worried about US Emissions, but not their own? The CPC has been publicly lobbying for New York to legislate the “Climate Change Superfund Act — a bizarre retrospective law which would force energy companies to pay billions for past emissions back to the year 2000AD. Supposedly, companies like Exxonmobil, Shell, and others are going to pay $3 billion a year to help New York prepare for climate change. Though obviously, it will raise the price of energy by $3 billion dollars a year (for 25 years) and it will be the mums and dads who pay the bills, not the corporate CEOs. Not surprisingly, it’s been called a “Shakedown” law.
The new law also targets companies that are outside New York State. It’s a kind of super-communism, where truly Big-Government get to punitively tax people in other jurisdictions as well as their own. Where will it end? Well, 22 other states are challenging it in court.
The CPC gets funding from the Bank of China and the Industrial and Commercial Bank of China (ICBC) which are Chinese State owned entities. They also (wouldn’t you know it) get funding from the US government for “Community Resilience Support Services”. China might be hand-feeding our self-defeating sabotage, but the West is pretty good at it already.
The CPC, after all, is supposed to be there to help the “social and economic empowerment of Chinese American, immigrant, and low-income communities in New York City.” How exactly is this gargoyle of a law going to help poor Chinese immigrants?
A New York nonprofit bankrolled by Chinese Communist Party (CCP)-linked entities is at the center of a controversial state climate law that could force fossil fuel companies to pay $75 billion over 25 years for climate mitigation projects. The Chinese-American Planning Council (CPC), which received millions from Chinese state-owned banks and Washington taxpayer funds, has aggressively backed the “Climate Change Superfund Act,” sparking a federal investigation and constitutional concerns. Critics argue the law, signed by Democratic Gov. Kathy Hochul in December 2024, threatens U.S. energy security, inflates consumer costs and represents undercover influence by Beijing to undermine American sovereignty.
The CPC’s financial ties to Beijing are well-documented. It has secured $1.4 million in U.S. taxpayer funds since 2022 and over $445,000 from Chinese government-linked institutions, including state-owned banks like the Industrial and Commercial Bank of China (ICBC) and the Bank of China.
Legal experts and industry analysts have raised concerns about the law’s constitutionality and economic impact. The Trump administration’s May 1 lawsuit against New York and Vermont argues it unlawfully imposes retroactive liability on energy companies for climate damages and violates the Commerce Clause by targeting out-of-state operations.
“The law doesn’t just strain budgets — it’s a constitutional time bomb,” said Republican Party energy lawyer
Tom Jensen. “Forcing companies to pay for past emissions they couldn’t foresee is trial by legislature, not due process.”
Read it all at NewsTarget and The Daily Caller.
Naturally, it’s hard to know how much different a half a million here or there in lobbying makes, but if they are openly cheering on climate taxes like this, and providing testimony supporting the law, what’s going on behind closed doors, with Quid Pro Quo deals and honeypot extortion, and who is trying to find out? House Republicans have begun probing the CPC funding, but behind closed doors there may be no paper trail unless a patriotic whistleblower speaks up.
As a tool of warcraft, it’s a bargain for China to throw money at green charities in the West
We already know they are sending money through the Energy Foundation China which ends up in environmental groups in the USA, like the Natural Resources Defence Council (NRDC), that files legal challenges to stop oil pipelines, drilling, coal plants and other mining activities.
China would be crazy if they weren’t…
China controls the rare metals market, builds the wind turbines and solar panels, and now also the EV’s. Obviously, on a pure self-serving business level, the CCP would be crazy if they weren’t amplifying Green fantasia in the West in order to sabotage the competition.
Hypothetically, if China was feeding millions of dollars through NGO’s and philanthropic organizations, and our traitorous universities, what would stop it happening — investigative reporting from The ABC, the BBC or the CBC? How about CNN?
In years to come people may come to see the whole sorry escapade of the “Climate Wars” as a tactic where the Blob used China and China used the Blob to screw over The West.
Both photos by Serg Balak on Unsplash and Unsplash
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By Jo Nova
Politico doesn’t even know what “Culture” is (or Science)
They were paid millions by the USAID Blob as a fake news outlet, but even Politico has finally been dragged by its fingernails to admit something, anything, is not quite working for them in climate politics.
But make no mistake, this is not a mea culpa, it is just damage control, years after they really lost the culture war. After all, two years ago in March 2023, fully 60% of American voters already thought Climate science was more like a religion. And in any case, Donald Trump called climate change a hoax in 2016, and American voters elected him President.
But here the Blob Media are, trying to sell themselves as the firemen hosing down the global inferno.
h/t to Climate Depot
As if they give a damn about “Culture”:
“‘We’ve lost the culture war on climate” they say, but in the article they say nothing at all about culture and everything about federal regulators, funding for junkets, tax breaks and incentives. Culture is apparently just about The Money, The Rules, The Blob.
The big news here is not that Politico is reporting something meaningful, it’s that its role is shifting to “damage control”. This article is the closest thing they can think of for an excuse. They won’t admit they lost the science debate, or that the experts were wrong, or that CO2 is free fertilizer, or that Net Zero targets were futile. Instead, years too late, they’re pretending to care about culture while they demonstrate they just care about the money.
President Donald Trump’s latest climate rollback makes it all but official: The United States is giving up on trying to stop the planet’s warming.
More than 15 years after federal regulators officially recognized that greenhouse gas pollution threatens “current and future generations,” their most ambitious efforts to defuse that threat have been blocked in the courts and by Trump’s rule-slicing buzzsaw. Wednesday’s action by the Environmental Protection Agency would extend that streak by wiping out a Biden-era regulation on power plants — leaving the nation’s second-largest source of climate pollution unshackled until at least the early 2030s.
“Culture” is just an excuse to cover up a complete backdown on a stupid policy:
“There’s no way around it: The left strategy on climate needs to be rethought,” said Jody Freeman, who served as counselor for energy and climate change in President Barack Obama’s White House. “We’ve lost the culture war on climate, and we have to figure out a way for it to not be a niche leftist movement.”
So to avoid being irrelevant, they need to do what the skeptics said all along, “use gas”:
It’s a strategy Freeman admitted she was “struggling” to articulate, but one that included using natural gas as a “bridge fuel” to more renewable power — an approach Democrats embraced during the Obama administration — finding “a new approach” for easing permits for energy infrastructure and building broad-based political support.
Basically, this is Politico trying to show the Bloblings and climate fan-boys how to frame a big backdown as if it’s just a shift in “the culture war” not an admission that they were wrong.
The truth is that they lost the science war long before they lost the culture war:
It’s been bad for believers ever since the ice cores showed temperatures rise before carbon dioxide does, and by hundreds of years, and we’ve known that since 2003. The only signature of catastrophe that mattered was the upper tropospheric hot spot, which was totally missing in 2005 and is still missing, (it was the only fingerprint they said that counted, right up until they couldn’t find it).
The data kept backing the skeptical side: 3,000 ocean buoys, 6,000 boreholes, a thousand tide gauges, and 28 million weather balloons. The ocean warming isn’t statistically significant, sea-levels started rising before we even built the coal plants, and still aren’t rising fast enough. The Holocene was wickedly hot for thousands of years, and they don’t know why.
Antarctica was supposed to be warming faster than almost anywhere but they were totally wrong. The only part of Antarctica that was warming was sitting on top of a volcano chain they prefer not to tell you about.
The climate experts still can’t predict the climate on a local, regional, or continental scale, they don’t know why global warming slowed for years, or the world was warm in medieval times. And all along some of their best scientists were hiding data, declines, history, adjustments and methods.
In 2007 30,000 scientists signed a petition skeptical of global warming, By 2012 two thirds of engineers and geologists in Canada were skeptics.
But Politico won’t report this — it doesn’t suit the narrative.
Teach the children. The big lies of the Blob Media are what they don’t say.
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By Jo Nova
According to expert reporters, and smug academics, Coal is dead, a stranded asset, and a dying investment all around the globe.
Meanwhile, the International Energy Agency (IEA) has just published a graph of global approvals of coal-fired plants over the last ten years. For some inexplicable reason, the original graph was various shades of blue and green, by crikey. (Almost like the IEA hoped that no one would notice the contribution from China?).
But obviously, the CCP is always Communist Red, so I fixed the graph for them. We can see how badly China wants to achieve Net Zero right here in the graph We can also see how good President Xi is at sticking to his words — look at the ramp up from 2021.
 These are just approvals for coal plants, of course, but the IEA says “China started construction of nearly 100GW of new coal fired plants”. No one is planning a coal plant in 2025 that they want to shut down in 2035.
Australia’s total coal fired capacity (built over the last fifty years) is 18GW. China approved five times as many new coal plants in a single year as we currently run.
Reuters, 2021: China will start phasing down coal use from 2026 as part of its efforts to slash greenhouse gas emissions, President Xi Jinping said at a summit of global leaders on Thursday…
“We will strictly limit the increase in coal consumption over the 14th five-year plan period (2021-2025) and phase it down in the 15th five-year plan period (2026-2030),” he said.
Xi’s comments mean that China’s coal consumption, by far the highest in the world, will reach a peak in 2025 and start to fall thereafter. Xi already pledged last year to bring China’s emissions to a peak before 2030 and make the country “carbon neutral” by 2060. “China has committed to move from carbon peak to carbon neutrality in a much shorter timespan than what many developed countries might take, and that requires hard efforts from China,” Xi told the summit.
As we all know, the media is one giant gas-lighting propaganda cartel. Tell the children.
PS: Site still struggling under the load of weaselly vandals. We are refining the armor. There are hints it is costing someone quite a lot of money to run this seige. We will prevail! Thanks for your patience.
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The DDOS Cyber attack ramped up yesterday with a flood of traffic coming in from Hong Kong.
Eric took many measures today that improved things, but it remains difficult to write and publish blog posts.
I have paid for a new level of security and tools today which had some success, but it is an arms race with the vandals who don’t want you to read this site.
Traffic patterns are obviously artificial. We see very high strange but regular spikes from US sources, and then the long grinding burst of thousands of new “fans” in Hong Kong who all decided to read an Australian site this afternoon. Compare the new robot traffic to the normal size of reader traffic in Australia, France and Germany.
Which country would have billions of dollars to lose if Australia stopped ordering wind-trinkets, batteries and solar-voodoo and woke up to the glorious power of cheap brown coal?
So behind the scenes it is hard to write or publish while we add armor to the site to control the trouble, and so please forgive errors, typos or other unusual lack of polish. I can’t predict when a draft will be saved…
Thanks to people who have donated to help shore up the site.
DDOS = Distributed Denial-of-Service attack.
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By Jo Nova
Will anything be salvageable?
*UPDATED: No — After drifting abandoned and on fire for three weeks, The MorningMidas has sunk.
The latest update shows the fires still burning and (wow) extensive damage to the hull.
A week after fire broke out on the Morning Midas, the salvage crew have finally reached the boat. The bulk car carrier was abandoned last Tuesday and has been adrift 300 miles south of Alaska. The ship only had 68 full EVs on board, with 681 hybrid cars, among a total load of 3,000 cars. But apparently that was quite enough to turn it into a 47,000 ton slow burning barbecue.
But alas, a week later, the photos show the slow burn has consumed much of the ship. Even though the hull appears intact and the ship is not listing, the damage is extensive. How much of the cargo on board would have survived a week of smoke and heat?
The Morning Midas is a bulk carrier which was headed from China to Mexico. The fire broke out last Tuesday Alaskan time, so it is said, from the deck where the electric cars were. After the crew sealed the doors and unleashed the carbon dioxide bottles, there wasn’t much else they could do. All 22 sailors abandoned ship and were rescued by a Costco carrier.
The 46,800-ton ship itself was built in 2006 and is worth about $14 million. With 3,000 new cars at $30,000 each that would be a loss of $90 million. If the ship and cargo is lost, as happened to the Felicity Ace in 2022, the total loss could be around $100 million.
Without any realistic way to put out these fires, perhaps EV’s will have to be parked on the top deck next to an ejector hatch, with a catapault? It would save so much money if they can be dumped at sea at the first sign of smoke?
Sal Mercogliano, a specialist on shipping news points out that on these ships, the cars are packed bumper to bumper and tied down with straps over the wheels. As the fire burns through the straps, he says the cars can start to roll on the seas. (His youtube on this is here).
He also points out the crew have to get off early in a situation like this. They are 10 to 12 decks high above the water, or 100 – 120 feet above water. The lifeboats must be lowered into the water, and if they wait too long, they might be unable to do that. At that point they are left jumping 30-40 meters into the cold Pacific Ocean.
What the ship looked like last week as the fires started.
Imagine if this was a ferry with 300 passengers?
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The DDOS continues in some shapeshifting form. While someone appears to have turned off the bot farm in Vietnam the traffic continues from the US. Apologies to readers…
We will overcome. Thanks for your patience. — Jo
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By Jo Nova
New AI Data Centers need so much energy, so fast, they’re are going off-grid
Such is the blistering race to get ahead in the global AI battle, that the industry is not waiting for the bureaucrats to build new power plants anymore, they are doing it themselves. And the leading edge of data engineers are not choosing the clean green wind or solar power of the future — they’re building gas plants. The sun and wind are free, but the battery back up, high voltage lines, long approvals, and unreliable supply cost the Earth.
Dylan Baddour, Arcelia Martin, Ars Technica
The plant would be big enough to power a major city, with 1,200 megawatts of planned generation capacity fueled by West Texas shale gas. It will only supply the new data center, and possibly other large data centers recently proposed, down the road.
The project is one of many others like it proposed in Texas, where a frantic race to boot up energy-hungry data centers has led many developers to plan their own gas-fired power plants rather than wait for connection to the state’s public grid.
It was Energy Transfer’s first-ever contract to supply gas for a data center, but it is unlikely to be its last. In a press release, the company said it was “in discussions with a number of data center developers and expects this to be the first of many agreements.”
Behold the modern gold-rush — look at the number of applications to build power (of all sorts) and connect it to the grid in Texas:
There were more than 2,000 active generation interconnection requests as of April 30, totalling 411,600 MW of capacity, according to grid operator ERCOT. A bill awaiting signature on Gov. Greg Abbott’s desk, S.B. 6, looks to filter out unserious large-load projects bloating the queue by imposing a $100,000 fee for interconnection studies.
Larry Fink, head of BlackRock, claims people don’t care about renewables now, they just want power:
The reliance on gas power for data centers is a departure from previous thought, said Larry Fink, founder of global investment firm BlackRock, speaking to a crowd of industry executives at an oil and gas conference in Houston in March.
About four years ago, if someone said they were building a data center, they said it must be powered by renewables, he recounted. Two years ago, it was a preference.
“Today?” Fink said. “They care about power.”
To get some idea on the seismic transition that is really underway, ponder that one of the new start ups wants 5,000MW of energy for a new data center covering 2,600 acres, and it is going in to a small town in Texas of less than a thousand people. That’s a massive 5GW for a town of 940 people.
There are still a few projects with renewable ambition. One project team that requires just 120MW said it will use just wind power and one large plant says they hope to run a 5GW data center on “private wind, solar and hydrogen” but they will start with gas at first.
We, here in Australia, are not even in the race.
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By Jo Nova
Who wants to buy a battery to help save the Energy Minister?
Spread the word, the new desperate plan to rescue the Transition Fantasy is to trick Australians into buying home batteries (and EVs) because the wind and solar factories can’t afford to pay for their own backup. But read about the experience of poor Mr Anderson. He accepted a $1,000 discount off the price of his battery, and in return agreed to allow AGL to draw off emergency power from his battery to “stabilize the grid in times of drama”. But he didn’t realize that the Australian electricity market did drama all the time. It’s like The Hunger Games at 6pm and he’d just volunteered as tribute.
It seemed like a good idea to sign up to be part of a virtual power plant (VPP). It was fine for the first year, he says, but then AGL started draining his battery at dinnertime, leaving him buying electricity when it was the highest price. Worse, they also changed his payment plan — and he got suckered with the “Demand Tariff” surprise — the diabolical plan which takes someone’s single greatest half hour consumption and then charges them that high rate for the whole month.
AGL disputes his claims (but the more they say, the worse it looks). They declare they don’t flatten home batteries “below 20%” and insist they sent him a letter about the tariff changes. Don’t we all feel so much better, eh?
The reputational damage of this kind of behaviour needs to be known far and wide
Let’s do our part to share his story.
May 9th 2025 [ABC]
Mr Anderson says that in the first year after joining the scheme and getting the battery, he barely noticed a thing. “It was all very gentle and easy going,” he says.
“The idea of it was to help stabilise the grid in times of drama. “So it all seemed very reasonable. “And for the first year, I don’t even think they touched the battery.”
That all changed after a year or so when Mr Anderson says he started noticing some dramatic shifts. They changed the way they use the battery,” he says.”It went from these little bites every now and again to just full on sucking the thing down to its 5 per cent reserve level, just dragging everything out of it. “And you could map when they were doing that to when the price on the (national electricity market) had skyrocketed.”
They drained the battery and flicked the pricing plan:
Mr Anderson asserts AGL also started “draining” his battery at times, forcing him to buy power from the grid at peak prices.
To compound his frustrations, he says the changes amounted to a double whammy — by forcing him to buy power from the grid at peak times, he claims he was driving up his costs under a demand tariff.
Oh Great: AGL will only drain 80% from your battery?
AGL, which is Australia’s biggest energy retailer with more than 4 million customers, defended its actions in relation to Mr Anderson and its management of the VPP. A spokeswoman rejected claims AGL ever entirely depleted the batteries of participating households, saying it was the company’s policy to always leave at least 20 per cent of a charge remaining.
What good, exactly, is a battery left at 20% charge? For practical purposes the last 20% is untouchable. Beyond that, the homeowner risks permanent damage to the battery. At that point it’s not backup power for your home, it’s a placebo with a lithium core.
So when they say “we’ll never drain your battery below 20%”, what they really mean is: “We’ll take everything that’s usable — and leave just enough so the warranty doesn’t catch fire.”
AGL kept digging — pointing out that the tariff change was completely separate from the VPP deal
It’s true that AGL surprised all kinds of customers with the “Demand Tariff” bomb, not just battery owners, but they can’t pretend they cared about their customers in either situation. AGL was separately awful in two different ways.
The Demand Tariffs, by the way, were so noxiously unfair and unjust that after the backlash last year, AGL is no longer using them.
Mr Anderson has said his experience was so bad he’s left the VPP scheme.
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By Jo Nova
For your sake, the Australian government took at least $440 of yours this year and spent it on electrical hobgoblins that claim to make nicer weather in a hundred years. That’s $1,800 for each family of four, in order to reduce world temperatures by nothing in our lifetimes.
How many families would willingly give up that kind of money on the witchdoctor weather quest?
The IPA has done what the Labor Government is too dishonest to do, and the Opposition was too scared to do. Adam Creighton added up the bonzana the government has spent on climate change since 2022 — and it’s exploded like a tanker of polyurethane-policy-filler. It sticks to everything, can’t be removed and if we burn it down, it fills the room with cyanide.
Back in 2021 the nation was throwing $1.7 billion dollars a year on certified weather voodoo. But after Labor won in 2022 that figure ballooned until now the federal budget spending on “climate change” and ‘Net Zero’ has expanded to $9 billion. But this is barely the start of the true cost Australians have paid — The transition bonfire added about $150 to most electricity bills in Australia this year. For some Australians electricity has risen by as much as 50% since the Labor government was elected. Then there’s another $3b in electricity rebates each year to hide the true cost of the electricity horror show. Someone has to pay those rebates, and since it’s borrowed money, that’ll be the kids. Then there are the businesses that folded, the jobs that were lost, the factories that moved away, and the higher cost of frozen everything in supermarkets.
How did we go broke — gradually then suddenly.
By Matthew Cranston, The Australian
“The array of ‘programs’ and ‘funds’ related to climate change and net zero, which are typically piled on top of one another, year after year, has become ridiculous and almost impossible to track. It raises serious questions about how effectively and efficiently public funds are being spent,” Mr Creighton said. “Despite all this soaring spending on net zero, Australia’s emissions have fallen only 2.8 per cent on the government’s own figures compared to 2005, once you exclude creative accounting with trees.”
What do we call it when the government commands the economy — communism?
The construction of electricity generation and distribution, which is dominated by renewable energy projects such as wind and solar, has now reached a record share of total engineering construction.
Westpac economist Pat Bustamante said that since 2020, work done on renewables had grown by 250 per cent from around $2bn a quarter to around $7bn, “with a significant portion of this growth driven by the public sector”.
It’s a scandal that the Labor Government doesn’t come clean with a single figure cost for climate spending
Australian voters had no idea how much of their money is being squandered turning our power stations into fake weather control machines.
It’s another scandal that the ABC never demands to know the answer. Isn’t that exactly what we pay them for — to ask the hard questions? What did we get for $500 each —as it happens, more emissions.
It would take a PhD to estimate what the real cost is, but 100% of our academics are too busy trying to scare more funds out of the public to add up something we actually need to know. As a bucket estimate, $9 billion in public spending plus $3b in electricity rebates equals $12 billion annually. That’s $440 for every man, woman and child, and by the time we add in extra electricity costs the figure would easily be $500 to $600 each. It’s a level of spending that only 2% of Australians say they are happy to pay.
At no point did they ask you if you would rather keep the money yourself. That’s because they know Australians don’t want the Carbon Sky Whale.
Who do the politicians, the ABC and the Academics serve? The Chinese Communist Party?
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