We’re not suffering from climate change. We’re suffering from being short-changed on electricity prices.
The government’s Environment and Energy Minister, Josh Frydenberg, wrote this in The Australian on Friday:
In 2004, coal represented more than 75 per cent of national electricity generation, and in 2014-15 it was about 60 per cent. In 2004, renewables were just over 8 per cent of electricity generation; today they are about 15 per cent, and expected to reach 23 per cent by 2020. And remarkably in 2004, Australia was looking to import gas from Papua New Guinea, but by the end of this decade we will be the world’s largest LNG exporter.
Meanwhile, as coal is being bullied out in a vainglorious attempt to make Sarah Hanson Young smile, electricity prices are going up. Up. And up.
This comes from the Ministry of Climate Evangelism, otherwise known as #YourABC on Twitter.
It shows that electricity prices are certainly increasing. Indeed, the pace of change has seen a rapid expansion since, oh, about 2007, with an easily identified ‘pause’ over the past couple of years. It probably has something to do with the free-falling price of coal.
Despite this ‘pause’, there is no doubt that unless something is done we will soon cross the threshold where corrective action cannot be taken and really bad things start to happen. Not the end of the world. No it’s more mundane: just the loss of jobs and businesses.
Now, I’m not a scientist. I don’t work for the IPCC. I don’t have a Nobel Prize. But I do seem to pick up a vague correlation between power price increases and more renewable energy. In other words, the so-called ‘free’ renewable energy isn’t even cheap.
Now there’s a climate change story worth reporting.
This situation is simply absurd. Australia could burn coal up the wah-zoo and it would make a negligible difference to climate change, even if you accepted that it was going to destroy the planet, fry the oceans and end the universe. So there’s no financial, or environmental, reason for Australia to go down this costly path. A government that was prepared to put Australia first would understand this.
Instead, we have Malcolm Turnbull and his mob. Turnbull’s Minister for Industry, Innovation and Science, Greg Hunt, won’t have a bar of common-sense. Instead, he’s announced another $37 million (on top of the oodles already paid out for ‘climate science’) for more climate change scientists. It will bring in 15 jobs to CSIRO.
That’ll make up for all the job losses in the car industry – all shut down due to increasing production costs.