In this PowerPoint presentation, I have tried to answer a question about climate policy that is too rarely asked in Canada. How much does it cost? Only those with a profound ignorance of economics, or a contempt for it, would say that the answer to this question is unimportant. The central economic fact of life is that there are always more things that we want and need than we can afford; when we fail to understand what our choices cost, we indirectly deprive ourselves of things that may be far more important to our overall wellbeing.
There’s no great mystery about what Opposition Leader Anthony Albanese’s net-zero-by-2050 emissions announcement last weekend will cost. The answer: trillions galore. How do I know? Because Dr Brian Fisher, former head of the Bureau of Agricultural Economics, who has no political allegiance and no vested interest, last May in the run-up to the federal election costed a much weaker version of Albanese’s plan. These costs were astronomic: a maximum $540 billion by 2030. Continue reading “Net-Zero by 2050? Albanese Goes for Broke”
Lately, many politicians at the federal, state, and local levels have unthinkingly bought into the talking points of radical environmentalists, pushing policies to require 100 percent of the electricity used in the United States to come from politically favored renewable energy sources, primarily wind and solar power.
A movement has been growing for decades to replace hydrocarbons, which collectively supply 84% of the world’s energy. It began with the fear that we were running out of oil. That fear has since migrated to the belief that, because of climate change and other environmental concerns, society can no longer tolerate burning oil, natural gas, and coal—all of which have turned out to be abundant. Continue reading “The “New Energy Economy”: An Exercise in Magical Thinking”
Poor policies are taking Australia into tough times.
There are four priorities for the coming election.
Firstly: Decimate the Foreign Green Snakes in the Grass.
The climate/emissions obsession started with unelected foreigners in the UN and the IPCC who drafted deep green agendas to be imposed via elected Federal, State and Local governments. Australia must immediately withdraw from the Lima/Paris/Kyoto agreements, reject the 2030 Agenda, and repeal all the green tape they spawned. This costly mess creates no measurable climate or environmental benefits.
This is the Chinese Year of the pig – appropriately it is the year we must remove the snouts of many pigs from the troughs kept full by tax payers and electricity users.
An election year is the best time to put maximum pressure on all politicians. Soon we will have gone so far backwards in management of electricity, essential infrastructure, water, vegetation, bushfires, education and the climate war on hydro-carbons that recovery will be very difficult. Things are bad now but if the Limp-LNP’s or the ALP/Greens again get control of energy policy, what is now bad will get much worse. We are faced with either a confused calamity or a dreadful disaster.
The Saltbush Club and its members must do as much as possible to change the climate of public opinion which is the only thing that will replace or re-focus politicians. We are not a political party, but we do have a political agenda. We will not run candidates but we are happy if members run on Saltbush priorities. We have credibility and knowledge. We must use our influence. Continue reading “The Year of the Pig”
Just to keep you abreast of what is going on in France…
You may have heard of the Yellow Vests, who triggered our president Macron into embarking on a “Grand Debate”, mainly on the internet. It is mostly a closed questionnaire with circular arguments on the most surreptitious ways to shoehorn the energy transition, without offering to question its legitimacy in the first place. However, looking closely at the fine print, contributors like associations can still express an open opinion.
On our side Rémy Prud’homme is an emeritus professor of economics, former consultant to the OECD, occasionally to the World Bank, and visiting professor at the MIT. As such he is our chief economist within the steering committee of the French Climato-Réalistes. He came up with the attached “ENERGY TRANSITION IN FRANCE: USELESS, COSTLY, UNFAIR”, initially in French of course. See: https://saltbushclub.com/wp-content/uploads/2019/03/energy-transition-in-france.pdf [PDF, 346 KB]
We thought you may like to know that we Froggies are enduring the same attacks as everywhere in the western world and that we like to voice our concern.
Pierre Bouteille, on behalf of the French Climato-Réalistes