Category Archives: Resources

Australian clean energy future costs & benefits

Many people are concerned that huge policy changes are being made without due consideration of the realistic costs and benefits. So I asked www.cleanenergyfuture.gov.au to point out to me with the assessment of costs and benefits were set out – they sent me the following 4 URL’s.

At the first I found a reference – 1.4 Risks to economic prosperity – to sea level rise affecting property worth $226Bn over the next century – that was all.

I found nothing at the Climate Commission.

Sorry I missed whatever was at this page.

Then at the Garnaut page I clicked for an update;
Mentions costs benefits
and and downloaded the Update pdf paper 540KB. “Weighing the cost and benefits of climate change action” by Ross Garnaut,

The main motive of each tablet is to improve levitra discount penile strength and make the organ able to perform well during the acts of intimacy. You may end female viagra 100mg up feeling drowsy after their use. sildenafil 100mg canada This grape-like fruit is known as Acai berry and it is considered a super antioxidant because it contains ten times the amount of antioxidants found in any other grape and about twice the amount of antioxidants found in blueberries. Free!, 50% off!, Click Here, Call now!, Subscribe, Earn $, Discount!, Eliminate Debt, enlargement, Double your income, You’re a Winner!, Reverses Aging, “Hidden”, viagra generic for sale Information you requested, “Stop” or “Stops”, Lose Weight, medication, Multi level Marketing, Million Dollars, Opportunity, Compare, Removes, Collect Amazing, Cash Bonus, Promise You, Credit, Loans, Satisfaction Guaranteed, Serious Cash, Search Engine Listings, Act Now!, All New, All Natural, Avoid Bankruptcy, As Seen On…, Buy Direct, Casino,. – page 6 – The net present value of the market benefits of average outcomes this century fell just short of the net present value of the costs of mitigation policy. However, when non-market benefits plus the insurance value of avoiding unexpectedly severe outcomes, plus the avoidance of climate change costs beyond the twenty-first century were taken into account, the case for effective global action with Australia playing its proportionate part became compelling.
When Prof RG mentions “non-market benefits” he is talking about things like the Great Barrier Reef – and life in Murray Darling Basin country towns.

on page 10 RG says – “The benefits can be difficult to observe and some only
accrue far into the future.” Indeed Professor.

I liked the bit where Prof Ross Garnaut says –
bottom page 8 “…messy world…” – yes it is terrible when people just do not do what you say Prof.
page 11 – in the last clause of para – Type 1: Currently-measurable market benefits;
we learn – “Climate change also dampens demand for labour, causing real wages to be lower,…”. OKay – so if we are experiencing “climate change” – how come our employment sector is booming Professor ?
Sorry but I can only read so much of this stuff.

UK Government see-sawing with costs & benefits of their Climate Change Bill 2008

I was amazed to hear reports quoting UK MP Peter Lilley that the Climate Change Bill 2008 “….puts the Bill’s potential cost as up to £205bn, it says the maximum benefits of this massive expenditure is £110bn(out to 2050).” BBC article from Nov 2008.
I thought, surely no rational society would do something so harmful to itself.
In March 2009 the Labour Government drastically revised the costs & benefits which are now as in this screen-shot.

What a descent into fairyland – and of course the huge and utterly illusory benefits are pumped up by the benefits of UK emission reductions around the world (page 7 of the pdf).
Do readers have an idea where the UK Govt is with all this now in May 2012 ?

Canberra electricity prices jump 17% due to Carbon Tax

The ACT despite being only the population (300K) of a medium city has an Independent Competition and Regulatory Commission (ICRC). There is no limit to bureaucracy here. Reading between the lines and noting the whingeing from ACTEW I suspect increases will not stop at 17%. I wonder what price hikes are due out in the States.
The Canberra blog RiotACT has an article – they also ran on staff cuts at Department of Climate Change and Energy Efficiency as they need to downsize from 900 to about 600 staff to meet the demands of its budget. Comments do not show much sympathy for staff there.

New Queensland LNP Government acting fast to unwind carbon reduction schemes

Great news – and the sky will not fall in – unproductive people will be freed to get productive work.
On top of recent news from Victoria that they will dump their 20% greenhouse reduction target.
This could get to be catching – cleaning out GreenLabor rubbish. What other candidates are there for shutting down – abolishing – repealing – firing – generally giving taxpayers a break.

Does Australia really need a foreign minister this diplomatic ?

Amazed as I was at the statements by the new Australian Foreign Minister, Senator Bob Carr – that Australia would have to “…organise the world to condemn and isolate Papua New Guinea…”.
Bob Carr
Carr was referring to reports of some differences of opinion from PNG re the timing of their next election – which I thought was entirely their internal business to discuss.
I have also been surprised there has been no call for Carr’s sacking – I mean how much more harmful could a foreign minister be ? I would have thought – open & shut case – gone – record shortest term as foreign minister. But our MSM is just so ingrained – knee jerk – dyed in the wool – pro GreenLabor – that our Bob is safe.
Picture from Sydney Morning Herald – Photo: Penny Bradfield

ACT GreenLabor brings in “New energy efficiency law” – just another disguise for socialist hands in our pockets again

I see the Canberra Times are reporting this with breathless enthusiasm as – “Plan to slash ACT power bills”. I have not read so much economically illiterate twaddle for years.
I note the comments on the Canberra Times article show their readers see right through the transparent Green scam.
If power companies have to pay out their hard won shekels to buy new efficient appliances for the poor – the aforesaid power company will have to recover the cost from somebody else. No prizes for guessing who.
Another thing that shoots this scheme down for me is that the Federal GreenLabor Govt is already putting a Carbon Dioxide Tax in place to save the planet. There is no need for the ACT Govt to double up and force us and save the planet twice. I have heard the Prime Minister say many times, that people on benefits will be more than compensated for any rise in utility bills and other costs due to the Carbon Tax. Let them update their appliances out of those funds.

Until more Canberra voters put the Greens last at every election – they can expect more mad socialist schemes like this. The only way to stop this scheme is to vote out the ACT GreenLabor Govt later in 2012.
What the Govt could sensibly do is to look at a divorce for ACTEW and AGL – then instruct ACTEW to always buy the cheapest electricity and gas possible for ACT consumers from any available supplier. I thought competition was supposed to be desirable – how did we ever get this uncompetitive ACTEWAGL joint venture ?
And just to get numbers on scale – the ACT Minister Simon Corbell claims the scheme will save 750,000 tons of greenhouse gases by 2016 – not sure if that is every year. Whatever the timespan claimed by Minister Corbell – be aware that on 2010 figures China emitts 750,000 tons of carbon dioxide every 48 minutes. We could bulldoze Canberra back to bush – that gesture would not measurably affect global emissions.

The future cost of Australia’s Carbon Tax revealed in Treasury modelling

Great article by Terry McCrann – by my calculations in 2020 we will be paying ~$117 per head to buy emission permits from overseas – as Terry McCrann points out – these could be from “Nigerian scam” operators.
By 2050 the Treasury modelling suggests we could be paying $2280 per head. Surely the Gillard Govt will not be able to sustain this huge confidence trick on the Australian electorate.
Full article archived. Continue reading The future cost of Australia’s Carbon Tax revealed in Treasury modelling

US Dept of Energy levelized electricity generating costs

I thought this Table was worth posting – so readers can compare / contrast with other cost data. Shows huge costs for solar PV and solar thermal.

The DoE numbers for Biomass seem low – maybe be from projects utilising existing waste material.
There are other DoE links here.

Should the Australian Government be subsidising jobs ?

In recent weeks there has been much publicity about job losses in the banking sector and also the threatened aluminium smelter at Point Henry in Victoria which was only ever built there by ALCOA to take advantage of cheap power generated from the Gippsland brown coal deposits. There has also been much comment on Govt subsidies to the car industry – which I was surprised to learn cost $7,000 per vehicle – not to mention the union featherbedding which these Govt handouts seem to encourage. I would have thought that in the case of South Australia – where I think much of the car industry is – their expanding mining sector could easily replace the job losses.
My own view is that our taxes should not be propping up uncompetitive industries – let them shut down. I wondered what readers think.