Freezing in the dark

This from SBS just last night: Warnings Australia at risk of gas and electricity shortages. There you may read at the end:

As the political debate over energy continues, the peak body representing the country’s biggest energy providers says changing and conflicting government energy policies are driving prices up.

Matthew Warren is from the Australian Energy Council.

Inaction, policy inaction, is increasing power bills and it is increasing the risk of blackouts next summer. And these are serious and material risks to Australian consumers both at the household and business level.”

Experts say that’s because would-be investors are steering clear of the energy sector, unsure of the government’s policy intentions.

Ken Baldwin is a scientist specialising in energy at the Australian National University.

“Businesses are avoiding investment in the energy sector simply because of government policy uncertainty. They need to have an assurance that over the 50 year life time of the plant they’re investing in, that there will be a viable return based on known parameters.”

This inaction thing is right at the core of the way in which those who actually do know try to disguise what is happening. There’s plenty of action, from the deliberate closing of coal-fired power stations to the massive subsidies to solar and wind power. As we freeze in the dark come winter, contemplate the fact that we are not alone in our stupidity.

1) Germany’s “Silent Catastrophe” …330,000 Households See Power Turned Off In One Year
NoTricks Zone, 3 March 2017

2) Report: Germany’s Energyewende Threatens To Become An Economic Disaster
Die Welt, 6 March 2017

3) Germany’s Once Powerful Green Party Fears General Election Crash
Deutsche Wirtschafte Nachrichten, 6 March 2017

4) Budget 2017: British Solar Industry Faces Devastating 800% Tax Increase
The Independent, 8 March 2017

5) China Bans Wind Power Projects In 6 Regions
China Daily, 23 February 2017

6) John Constable: Industrial Strategy Or Political Tactics?
Global Warming Policy Forum, 6 March 2017

We just take our prosperity and wealth for granted, and the lessons are going to be very expensive. But the tide is turning.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.