Liberty Quote
All that good government can do to improve the material well-being of the masses is to establish and to preserve an institutional setting in which there are no obstacles to the progressive accumulation of new capital and its utilization for the improvement of technical methods of production.
— Ludwig von MisesRecent Comments
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Recent Posts
- Wednesday Forum: November 14, 2018
- Another wind turbine in flames
- Help wanted on power prices
- Peter O’Brien: Angus Taylor – a disappointment
- More on the silly and destructive ban on vaping
- A film for us! Lets hear it for Kelsey Grammar
- Coal shares rise on the back of divestment
- Q&A Forum: November 12, 2018
- Lies and theft on the left
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- Jo Nova on the impending power price tsunami.
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- What happened to ‘Electricity Bill’?
- More pain from solar panels and the wind choke points again
- Vote late vote often
- Open Forum: November 10, 2018
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Meta
Another wind turbine in flames
“Trouble at mill!” specifically Windy Hill near Ravenshoe. h/t Peter Campion.
Posted in Rafe, Shut it down. Fire them all.
21 Comments
Help wanted on power prices
JC has asked if I can do a comparison of Australian power prices with other nations. I can’t answer the question because I think it is too hard.
There is so much variation at all levels of distribution, given the way the wholesale price is set almost from minute to minute, the way retailers have to buy it and then bill users depending on the deal they have got at the time.
I went to a presentation by someone who was supposed to know how the system works but I came out more confused than I went in, and I was not the only one, because we did not expect the degree of complexity and he did not explain it effectively.
There must be people on the site who can help and I will be keen to see what they tell us.
I am sure Angus Taylor is on top of it but I don’t have his number.
Posted in Rafe
50 Comments
Peter O’Brien: Angus Taylor – a disappointment
So much for Angus Taylor being the great hope of the side. Promoted, ostensibly, as the Minister for Getting Power Prices Down, Taylor has shown himself to be just as mealy-mouthed as the rest of his second-rate Coalition government.
Here he is in a recent edition of The Australian:
Others say leaving the Paris Agreement will lead to a miraculous drop in prices. Wrong. Like it or not, we will reach a 26 per cent reduction in emissions in the NEM well ahead of time based on investment commitments already made. Paris won’t require new interventions and won’t create new price pressures.
I doubt that anything now gets my goat more than the insistence by Coalition MPs that the Paris Agreement is irrelevant. As I have argued repeatedly on this site, and as commentators more prominent than me – such as Peta Credlin and Andrew Bolt – have argued repeatedly, the Paris Agreement covers the whole economy NOT just the energy sector as Taylor dishonestly implies above. He repeated the same strawman argument on Credlin a week or so ago. Nobody is saying that ‘leaving the Paris Agreement will lead to a miraculous drop in prices’. What we are saying is that leaving the Paris Agreement will hopefully prevent the wider economy from suffering the devastation that has already been wrought upon the energy sector.
OK, let’s accept that Taylor is focussed only on the energy sector and that his remit does not cover the rest of the economy. Let’s also accept that he has to toe the official party line on CAGW, whatever that is from one day to the next. When faced with the embarrassing question of the Paris Agreement he could decline to comment, the matter being outside his portfolio. But instead he chooses to pretend that if he achieves his objective of getting power prices down, we will still meet our Paris target. This is just plain and infuriatingly dishonest.
And put in the context of the latest ambit claim from the IPCC – that existing pledges will be nowhere near enough to avert climate disaster – then the case to repudiate or, at the very least, re-evaluate the Paris Agreement is unarguable.
Any sensible Coalition government has two triggers for such an approach. The first is that we already know that most signatories will not meet their existing pledges and even if they do it will have no appreciable effect on overall emissions, which, following a short hiatus, are now rising again.
The second is the mounting evidence that, whatever is happening to the climate, it is nowhere near as dire as was predicted and that human contributions are a minor factor at best.
As PM Scott Morrison swans around Queensland selling himself, sounding more and more like Malcolm Turnbull in a baseball cap, I note that Sky News, hosting Morrison at a public forum at a brewery in Townsville has promoted the occasion with a special release of ‘ScoMo Pale Ale’, which prompted the thought that he is indeed nothing more than a pale imitation of his predecessor. At the time I wondered if the ABC’s stretched finances would run to the production of a suitable beverage to mark the former PM’s appearance on a special edition of Q&A – ‘Turnbull Bitter’, perhaps? As it turned out, the claque of Turnbull groupies lobbing marshmallows at the smugly beaming jet-setter rendered it unnecessary for him to openly inject too much bile into his discourse -other than naming and, and in his mind shaming, his assassins including the impeccably loyal Mathias Cormann.
However, It’s not just Tony Jones who is asking why Turnbull was removed. Commentators on both sides of the political spectrum are repeatedly asking the same question.why the Party dispensed with the services of our erstwhile PM. As far as I am concerned paying him out for his own treachery and incompetence is justification enough but the question is apposite.
Is there not one single issue, even one, upon which Morrison and his Cabinet can bring themselves to part ways with Turnbull’s agenda? And on the one issue where Turnbull did hold firm, illegal immigrants, there now appear to be cracks developing.
You would think climate policy would spring to mind as a potential game changer as it was this issue that terminated Turnbull’s first attempt at leadership and led to a landslide election victory under Tony Abbott. There may be one of two reasons why this opportunity has not been grasped. It may be that the large bulk of members really believe that CAGW is the greatest moral challenge of our generation – in which case why support such an intellectually bankrupt crew? Or it may be that they think any push back on ‘climate’ policy is too hard a sell, particularly given the proximity of the next election. If that is the case, if they are anxious to avoid the hard policy fights just in order to get re-elected, why support such a morally bankrupt crew?
As far as I am aware, Craig Kelly is the only Coalition MP who is prepared to speak the truth on CAGW. The rest of them, including the much vaunted Taylor, are nothing more than a claque of time-serving, self-seeking, pusillanimous ….. I am trying to think of a suitable word ..…Got it! …. politicians.
To hell with them.
Posted in Guest Post
53 Comments
More on the silly and destructive ban on vaping
Dan our Man in DC on the harmful campaign against vaping and e-cigarettes.
As a fiscal policy wonk, I’ve come across depressing examples of counterproductive tax provisions (health benefits exclusion, ethanol credits) and spending programs (the entire HUD budget, OECD subsidies).
But the folks who work on regulatory policy may get exposed to the most inane government policies (Fannie-Freddie mandate, EEOC rulings).
For example, consider how the government is undermining public health by going after e-cigarettes.
Meanwhile in Australia…
Posted in Rafe, Take Nanny down
5 Comments
A film for us! Lets hear it for Kelsey Grammar
The rise of the Tea Party and the way it prepared the way for the Trump revolution.
A talk with the Director/Producer about the empowerment of the angry voter.
Posted in Cultural Issues, Rafe
5 Comments
Coal shares rise on the back of divestment
Jo Nova signals that coal shares are on the rise despite the efforts of greens to block investment in coal mines. Despite? More likely because of! Something to do with supply and demand I suppose. Ask the Professor.
Meanwhile hundreds of new coal-fired power plants are coming around the world, including one Germany (with a new coal mine!). I suppose they will add to the demand for coal or will they be modified to burn wood pellets like the giant Drax plant in Britain? I wonder where the coal will come from.
And in Australia…
AEMO update. A bit of wind around delivering 1.5GW, 30% of capacity and providing 7% of demand. Remember it is the choke points that matter when the demand builds up in the summer.
Lies and theft on the left
And meanwhile, this is a distraction from the attempt to steal two Senate seats.
Florida election recount underway, tensions rise…
Echoes of 2000 election…
Chaos, fraud accusations…
RESULTS…
DEM’S LEAD IN AZ SENATE RACE GROWS AND GROWS…
RESULTS…
Posted in American politics
26 Comments