Germany

Capitol Hill riot now likened to Kristallnacht & Pearl Harbor

What is it with polarized politics that causes people to make comparisons using yardsticks which are completely unfathomable? So much so that it ends up trivializing major tragedies in the process.

After the despicable, but clumsy Capitol Hill riot, Senator Chuck Schumer compared it to a “day in infamy,” the very words FDR pronounced at the time of the Japanese attack on Pearl Harbor.

Seriously? Are a bunch of unorganized mugs overestimating their agency in anyway on a par with Imperial Japanese Navy fighter pilots killing thousands?

Now Trump-hating Arnold Schwarzenegger has made a video comparing the events of Jan 6, 2021 to Kristallnacht in 1938. Are a bunch of unorganized mugs overestimating their agency in anyway on a par with the 4 million strong Sturm Arbeitlung of Nazi Germany? Seriously?

We are surprised that Schwarzenegger or Schumer didn’t make mention of the 20+ lives lost during the BLM/Antifa protests which were ideologically more disturbing for the aggressive manner in which history has been erased. A far better example of groups who don’t care about democracy.

We were surprised they didn’t speak of all the decent law enforcement officers who were maligned, beaten and in some cases murdered, like retired police chief David Dorn.

We are surprised that they didn’t mention the thugs waiting out the front of the White House who physically assaulted people, including senators who were leaving a Trump rally. Precious little display of democracy there.

We wonder why Arnie couldn’t see how the original cause of protesting the death of George Floyd morphed into something that extended to punish, destroy, assault, murder, loot, burn and crush those that didn’t conform to the Marxist manifesto of BLM or any other grievance du jour? Just bash innocent people.

How could he have missed so many leading Democrats pushing to defund the police and encourage rioters? Incoming VP Kamala Harris said, “protestors should not let up“. Don’t forget she was a big supporter of the Minnesota Freedom Fund which helped bail out alleged child sex offenders and other felons.

Speaker Pelosi said, “people will do what they will do.” Rep Ayanna Pressley proclaimed, “there needs to be unrest in the streets!”

Unfortunately, Schwarzenegger said that we need leaders who have a “servant’s heart.” Those that will put public interest above their own. Fat chance finding it in people like Speaker Nancy Pelosi, who apart from being the third most powerful person in the country, represents a district that has some of the highest rates of poverty in America.

There is one area we agreed with Arnie – wishing Biden the best of success for his administration. That would be a welcome change to the last 4 years where the left leaning media and political machine of the Democrats have done their utmost to delegitimize Trump’s presidency.

We also don’t think Biden tweeting that the outcome on the Capitol would have been different if BLM were the perpetrators instead of Trump supporters is the stuff that builds unity. That type of race-baiting division suggests harmony is a long way off.

Schwarzenegger needs to go back and study history again. He might refresh his memory and consider Big Tech censorship as a modern day form of book burning where the removal of people’s rights to free speech undermines the very democracy he emphatically demands be protected.

Making hay while the rain falls?

We were surprised to see Dymocks bookstore put former Australian Climate Change Commissioner Tim Flannery’s latest book in the science section.

Amazon’s review notes, “Tim Flannery takes aim at those responsible for the campaign of obfuscation and denial that has already cost so many Australian lives and held back action on climate change.” Really?

Exactly how many lives has climate change claimed in Australia? The Australian Bureau of Statistics record the accumulated deaths from ‘Environmental-pollution-related-condition (Y97)‘ over the last decade at ZERO!!!!  Strange that climate related deaths have plunged over 80% in the last 4 decades. 

Many of Flannery’s climate predictions have also failed to eventuate.

In 2007, Flannery said, “So even the rain that falls isn’t actually going to fill our dams and our river systems…” Today, Sydney’s main water supply at Warragamba Dam is currently at 97.8% capacity.

In 2015, he claimed that “Sadly we’re more likely to see them [cyclones] more frequently in the future” when referring to a cyclone that hit Vanuatu. Global data shows no such trends. The UNIPCC’s extreme weather report updated in 2018 stated on page 8, “There is low confidence in any observed long-term (i.e., 40 years or more) increases in tropical cyclone activity (i.e., intensity, frequency, duration), after accounting for past changes in observing capabilities.”

We thought the nonsense peddled on the bushfires by The Climate Council, which Flannery chairs, spoke volumes. Our data concluded that one of its authors, who led the former fire chiefs’ crusade to blame the devastating bushfires on climate change, didn’t mention the topic when he ran one of the fire services. That is to say it that the severity of climate change to bushfire activity in these Magnus opera were conspicuous by their absence.

We think the upcoming 2020 annual reports from fire services across Australia will be dripping in climate change related topics which will only end up highlighting how it has become nothing more than a CYA convenient excuse to mask years of poor fire management.  Take this example of the commitment to mitigating the inherent risks of busfires in the 2018/19 FRNSW Annual Report:

“Where practicable, FRNSW crews were encouraged to turn off all non-essential lights on 30 March 2019 from 8:30pm until 9:30pm, joining millions of people worldwide in showing their commitment to tackling climate change and inspiring all generations to support environmental initiatives and sustainable climate policy.”

A study of how fire service budgets were allocated in recent years further highlights the alarming problem behind the bureaucratic mismanagement. 

What has become even less surprising than the lack of science peddled before us surrounding COVID-19 in recent months, is the convenient segue of supposed conventional wisdom – The Great Reset – pointing back to the fantastic opportunity to push the climate change agenda to solve for poverty, racial inequity and all other economic ills. After all, US Treasury Secretary-elect Janet Yellen has assured us her department will take care of it. Who knew?

Apart from climate change having zero correlation to COVID-19, despite Prince Harry ‘s best efforts to conflate the link, Tim Flannery has seen a great opportunity to make a quid off the theme. No harm in making hay while the rain pours. 

Still we question why so many climate alarmists believe that replacing fossil fuels with renewables will solve for saving the planet and put an end to poverty?

We are not sure how that works?

When one of the leading renewables-driven developed nations, Germany, has such high levels of energy poverty, how can this be?  In 2019, 4.75 million households received warnings that their electricity would be shut off (289,000 actually got disconnected), according to the German Federal Networks Agency (Bundesnetzagentur). All this because of a doubling of energy prices (despite studies that predicted a fall at the time of policy conception) which are a direct result of disastrous green energy diktats which started two decades ago.

The flip side is India, a developing nation. Its electricity generation policies,  according to the World Bank, lifted 271 million people out of energy poverty between 2007 and 2017 largely thanks to low priced coal-fired power. So before all the ‘Stop Adani’ climate emergency extinction rebellion crowd start pontificating that we must go carbon neutral, perhaps they might go and survey the 271mn locals as to whether they demand change??

Michael Shellenberger’s latest book, ‘Apocalypse Never‘, takes a realistic view of how to achieve optimal outcomes for the climate, renewables not being part of the equation.

Still, the best way to truly evaluate the seriousness of climate change is by watching the consumption habits of those who peddle it.

We always found it strange that Obama moved to the shores of Martha’s Vineyard last year despite the risk of rising sea levels. Former Aussie PM Kevin Rudd has also bought waterfront property recently despite climate change being the “moral challenge of our times.

Looking at 1,500 private jets clogging airports at a World Economic Forum summit takes some beating too, not to mention the 25,000 pilgrims that fly halfway across the world to attend COP summits and then tell mothers who drop their kids off at soccer practice in a 2nd-hand SUV that they are the problem. No excuses anymore. They can Zoom. 25,000 group thinkers on a screen…their individual relevance in direct proportion to the size of their microscopic avatar.

Media worth consuming – a recap of December 2020

My good mate Jonathan Rochford of Narrow Road Capital has compiled a brilliant summary of the recent madness in markets, politics and economics. One could be forgiven for thinking it is a lot like satire. Link here.

Fukushima offshore wind farms to be dismantled

From The Japan Times:

The government said Thursday it will remove the two remaining wind power turbines it installed off Fukushima Prefecture citing lack of profit in the project, which cost ¥60 billion ($580 million).

The project was widely seen as a symbol of the reconstruction of the northeastern prefecture following the 2011 earthquake, tsunami and nuclear disasters.

The decision came despite Japan’s goal of raising its offshore wind power generation to up to 45 gigawatts in 2040 from a mere 20,000 kilowatts at present as part of efforts to fight climate change. Prime Minister Yoshihide Suga has pledged to achieve carbon neutrality by 2050.

At a meeting in Fukushima, industry ministry officials briefed fishermen and other participants about the plan, with local people saying the government had wasted taxpayers’ money and should conduct a thorough study of why the project had failed.

In June, the government removed one of the three turbines installed 20 kilometers off the town of Naraha. It has decided to remove the remaining two in the fiscal year starting April.

The three turbines were constructed in stages from 2012 to support the local economy by creating a new industry based on renewable energy.

To commercialize wind power generation, the operational rate of a turbine must remain at 30% to 35% or more, according to the ministry.

But the rates of the turbines off Fukushima had been around 4% to 36%, according to trading house Marubeni Corp., which participated in the project.”

Germany also gave us a wonderful case study on how its renewables based energy system has backfired spectacularly. 

In 2007, Germany forecasted that 2020 residential electricity prices would be approximately 16 Eurocents with the shift to renewables away from nuclear. Today they trade at c.31 Eurocents. Der Spiegel, a normally left-leaning journal wrote in a two-part series. 

Part 1 – Germany Failure on the Road to a Renewable Future

“But the sweeping idea has become bogged down in the details of German reality. The so-called Energiewende, the shift away from nuclear in favour of renewables, the greatest political project undertaken here since Germany’s reunification, is facing failure. In the eight years since Fukushima, none of Germany’s leaders in Berlin have fully thrown themselves into the project, not least the chancellor. Lawmakers have introduced laws, decrees and guidelines, but there is nobody to coordinate the Energiewende, much less speed it up. And all of them are terrified of resistance from the voters, whenever a wind turbine needs to be erected or a new high-voltage transmission line needs to be laid out.”

Germany’s Federal Court of Auditors is even more forthright about the failures. The shift to renewables, the federal auditors say, has cost at least 160 billion euros in the last five years. Meanwhile, the expenditures “are in extreme disproportion to the results, Federal Court of Auditors President Kay Scheller said last fall, although his assessment went largely unheard in the political arena. Scheller is even concerned that voters could soon lose all faith in the government because of this massive failure.

But never let that get in the way of feeling good about saving the planet.

Swedish truant slaps the high priestess of woke

The beauty of being young is that any manner of words can come out of the mouth and be automatically assumed to be fact or truth. Anyone with teenagers knows this.

How sorry we feel for the high priestess of woke, NZ PM Jacinda Ardern, to be chastised by the infamous Swedish teenage truant for not doing enough on climate change. We should prepare ourselves in the future for Greta Thunberg as UN Secretary General because she is gifted in the ways of admonishing those that stray from the preordained orthodoxy.

Now that COVID19 is almost behind us and Joe Biden has officially been nominated president-elect by the electoral college we should expect to see the coronavirus restrictions/cases to disappear and climate change to regain its rightful place at the top of the liberal agenda.

We’ve always held the Paris Accord as an absolute joke. Self-declared developing nation, China, as the world’s biggest polluter by a minimum factor of two, is free to increase emissions out to 2030 while the rest of the developed world must self-flagellate. No matter what strides are made by nations on emissions abatement, it is never enough. Thank God we have all those elites who fly by private jet to global summits to tell mothers who drive their kids to soccer practice in second hand SUVs will burn in hell if they don’t quit their selfish behavior.

No doubt Greta will praise China’s net zero emissions commitment by 2060 as she’ll probably be one of the few that will be around to validate the promise.

Now that peons around the world have proved their obedience during lockdowns, ramming the global warming agenda should be a piece of cake. Maybe those who rationally want to see fair minded cost benefit analysis of going 100% renewable will risk being arrested by the apparatchiks and charged with hate crimes, as has previously been promote by the more radical climate alarmists.

Before they do that, we always have green pioneer Germany to guide us with the massive costs of decommissioning wind farms that have outlived subsidies. None of it factored into the modeling but you aren’t allowed to question this additional burden.

Rest assured global central banks have extended their expertise from monetary policy to saving the planet. We are in safe hands. Treasury Secretary-elect Janet Yellen has told us as much. After all, she claimed as Fed Chair that we’d never see another depression in our lifetime. Hmm.

Now that we are presented with negative sovereign yields for Portuguese, Italian or Greek debt despite the fact much of it will never be repaid, we know these geniuses have got Frankenstein under control. Just trust them, the media and ignore our thoughts. It’s above our pay grade and intelligence. So shhhhh. We’re in safe hands. School skipping teenagers know best.

Trump “has a point” on WHO – German Health Minister

It seems even Germany can see that WHO is in desperate need of reform. Jens Spahn, Germany’s health minister, told the FT that WHO was susceptible to “influence by individual members” and that Trump “had a point.

He added, “WHO needs to reform its governance and accountability…We need to figure out exactly where the money goes.

As we wrote several months ago, WHO spent $192 million on travel alone! For those who like financial forensics, please see the latest set of audited accounts (Dec 2018).

We would merely hold Dr Tedros to words from his maiden WHO speech,

A key priority for me is to enhance our approach to resource mobilization among donors, old and new. And that has to start by building confidence among partners, that WHO will deliver results and impact. I want WHO to be synonymous with results.

Trump is only acting in accordance with his wishes.

17yo truant should go back to school to learn economics

CLies IT

It has been refreshing hardly seeing our 17-yo truant in chief, Greta Thunberg being exploited by her climate change doomsayers during this coronacrisis. Unfortunately, she caved to the attention deficit by feeling compelled to say she had contracted COVID19 despite not being tested for it. Not atypical of social media-obsessed kids these days.

Alas, the 50th Anniversary of Earth Day came for her to come out of hibernation and tell us,

Whether we like it or not, the world has changed. It looks completely different now from how it did a few months ago. It may never look the same again. We have to choose a new way forward

Indeed it has changed and will change. However, we believe that the coming economic depression won’t lend itself kindly to the untested prospect of a “green jobs” boom. This idea that we can sit back and flood the world with renewables to save us all. It is unworkable in practice. Why?

Let’s take the CSIRO, Australia’s chief government science body.

Why hasn’t Greta made a b-line to reference our CSIRO’s energy transition costings for Australia which exceed $1 trillion with a “T” out to 2050 (p.135)? Note this report isn’t a net-zero study – just lower emissions. So by that logic, net-zero will cost even more. c.100% of GDP. Just as tax revenues are about to go through the floor.

You will feel even warm and fuzzier after reading the next sentence.

CSIRO assures us that “these costs do not include the full integration costs of renewables, but that these costs are expected to be significantly less than $175 billion.” Who cares about billions in a world of trillions? Significantly less?

Why aren’t politicians and Greta looking at the world’s biggest renewable crash test dummy?

As we wrote, “Germany’s Federal Court of Auditors was even more forthright about the failures of renewables…The shift to renewables, the federal auditors say, has cost at least 160 billion euros in the last five years. Meanwhile, the expenditures “are in extreme disproportion to the results…”

Note 330,000 German households are in a state of energy poverty and have had their electricity provider cut them off. That is what happens when projected electricity prices at the time of the hysteria end up double that of the initial costings. Oops.

Yet, how eager are supposed activists willing to sign up to the green movement in practice?

We have a home-grown movement to reference commitment to climate change. 98.9% of households in the electorate of Warringah, that supposedly voted Zali Steggall OAM MP in on a climate change ticket, still haven’t signed up to her ‘Roadmap to Zero’ plans. Given their high powered V8 SUVs are getting one month to the gallon these devout climate change alarmists don’t seem that interested.

What about those on the front lines of the climate crisis? Surely they know best?

When we studied the language within the last 10 years of annual reports of the state fire services around Australia, why was ‘climate change‘, the words that 29 former fire chiefs told us is such a big factor, barely mentioned, if at all? Take Fire & Rescue NSW’s only mention of ‘climate change‘ on p.81 of its 2018/19 Annual Report,

Where practicable, FRNSW crews were encouraged to turn off all non-essential lights on 30 March 2019 from 8:30pm until 9:30pm, joining millions of people worldwide in showing their commitment to tackling climate change and inspiring all generations to support environmental initiatives and sustainable climate policy.

That will do it!

Then what of green jobs?

We keep on hearing about a huge surge in “green jobs”. The ABS reported that after 5 years of straight declines, rooftop solar has been the driver of the rise in the past two years.

Annual direct FTE employment in renewable energy activities in Australia was estimated at 17,740 jobs in 2017-18, an increase of 3,890 jobs in FTE employment (28%) from the previous year (2016-17) and represents the highest level of FTE employment in renewable energy activities since 2011-12...driven by an increase in construction activity for large scale solar photovoltaic (PV) systems (1,950 additional FTE jobs) and roof-top solar PV (1,720 additional FTE jobs). Together, these two renewable energy types accounted for 94% of this increase in FTE employment in renewable energy.

The ABS notes there are 12,500,000 Aussies employed. Therefore full-time green jobs make up 0.14% of the total. Construction makes up 1.056m jobs. Manufacturing employs 770,000. Combined, these sectors make up 15% of all employed.

So our two biggest sectors employ 107x more than the peak in renewables FT employment.

In short

While Democrat Congresswoman Alexandra Ocasio-Cortez brainlessly tweeted you love to see it when referring to the recent trend in negative oil prices, restless natives around the globe will not tolerate governments that pursue green policies that prolong their unemployment pain. They want jobs, not spoon-fed ideological alarmism as their saviour.

This global lockdown is doing one important thing – waking us up to unpleasant truths. Comforting lies surrounding renewables investment will have no place other than the dining tables of crony capitalists who aren’t dealing with lived experience of scraping by without work. That is not to say we won’t get governments trying to prescribing a “reset” but it will be a one-way ticket to being kicked out of office when the results don’t live up to the promises.

Forget what Trump says. Just pay attention to the restless natives

Investor: Peasants Will Be Out With Pitchforks if We Don't Start ...

Unless Joe Biden runs with Michelle Obama as his VP, we still think Trump gets reelected in an electoral college and popular landslide. Yes, we can hear many laughing out loud. We are used to it as we were when we said he would win back in 2015. For all of the same reasons, only amplified. People are tired of the status quo.

Up until the time of the State of the Union speech in February this year, it felt like his second coronation was a formality. Nancy Pelosi knew it when she tore up his speech. Has coronavirus really changed all that?

The prevailing sentiment perpetuated by the mainstream media is that Trump’s catastrophic bungling of coronavirus will kill off any chance he has of winning 2020. To think that Joe Biden is the mouth-watering alternative despite having served under a president whose policies were repudiated in 2016 by the electoral college.

FNF Media thinks that Americans are pragmatic people when push comes to shove and that American exceptionalism is a good thing. They want the dream. They don’t live to be stuck in poverty assessed welfare. Sure, we non-citizens can scoff at their right to bear arms or hosting World Series which exclude other nations but ultimately we don’t get a say. That is a matter for them. If they don’t like it, it is up to them to change their government to fix things. Trump would never have been elected were it not for decades of failed administrations who didn’t deliver that gave birth to him.

Despite all of Trump’s often ridiculous bluster during the coronavirus outbreak, none of it was out of character for the last 3.5 years. The mainstream media has beamed more deranged coverage than ever. People have become numb to the constant drone that they hate him, especially when he trolls them with their own hypocrisy. Let’s be clear, were the likes of CNN truly resonating with the masses, the ratings would reflect people attuned with the rhetoric. This is simply not happening. In fact, the opposite.

Sadly during this crisis, Americans have seen the utterly shameless exploitation of their livelihoods by the ugliest partisan politics seen during any crisis of this scale. They see straight through the pork barrelling. Do liberal-leaning citizens honestly believe that gender diversity on boards and airline emissions regulations are ‘must have’ pieces of legislation in order to pass a $2.2 trillion rescue package designed to protect them? Do they believe a $250 billion supplemented boost to small businesses to support the income of workers should be held back until more identity politics driven data collection is fast-tracked? When people see Nancy Pelosi parading her $24,000 refrigerators filled with $13 a pint ice cream punnets on late-night TV they aren’t amused. 

Is it any wonder so many more Americans are taking to the streets to protests the lockdowns imposed by the states’ governors? As we pointed out in the COVID19 data, those infected and those who tragically met their fate from this deadly virus are relatively minuscule. More and more Americans are seeing this. Very few of us know anyone who has caught it outside of a few celebrities and the UK PM. This is why social distancing is fraying nerves in American households. They can’t easily quantify what is going on using their own experiences.

If anything, these protests point out that Americans are still happy to play the risk/reward ratio if their economic security can be maintained. America hasn’t fluked being 25% of the global economy on 5% of the world’s population for nothing. They would chance contracting coronavirus if that meant being able to feed their families.

Which brings us to China. Trump’s political and media enemies may have cuddled up to China since he took office, but the shambolic WHO response to this crisis and the misinformation emanating from the communist propaganda apparatus will rile 22 million who are on the unemployment queue. More and more Americans can see through an Ethiopian Marxist WHO chief appointed by a Portuguese socialist both serving the communist dictatorship with a president for life.

This activity is red meat to Trump’s base and he knows it. He doesn’t need to say anything. It is becoming self-evident.

Suspending funding for WHO was the right thing to do. WHO is a failing bureaucracy in desperate need of reform. What is the point of funding a body that is supposed to have independence enshrined in its charter when in reality it runs strict political agendas geared to the whims of its ideological brothers in Beijing?

How many leaders of other countries are throwing up two fingers at China in the face of all the revelations about when they knew and how they covered it up? Macron? Merkel? Trudeau? Crickets.

Trump is almost alone in publicly smashing China’s complicity in all of this. Governments around the world may be staying mute over China’s deceit but we can be assured this is not lost on the peons. They have had enough of staying at home. They are sick of facing oppressive sanctions imposed by those they voted in.

The media can sell this as xenophobia or any other form of identity politics but the fact is Trump’s 2016 campaign warned of China. He spoke of bringing jobs back. He spoke of being screwed over on trade with China. He was right.

We all know many Americans are hurting. They want prosperity returned. While the media conflates his term as merely sorting out his billionaire 1%ers, the reality is he has helped the Bottom 50% by a much larger margin. They will know this lived experience, which in politics will ultimately be the most important factor. Trump’s bluster won’t matter. His record up until coronavirus kicked off will.

The Federal Reserve Bank of St. Louis (FRED) reported the net worth of the bottom half of the population was $1,070,183mn at the start of 2017. As of the third quarter of 2019, it was 1,668,034mn. That’s an increase of 55.86%. The Top 1%, had $29,955,829mn. In 3Q 2019, it was $34,533,370mn, or 15.3%. Under Obama, net worth for the Bottom 50% declined from $1.7 trillion in 1Q 2009 to $1.1 trillion, down 35% over his two terms. Democrats should be outraged that the ultra-wealthy did much better under Obama with a 100% gain in net worth under his term vs the paltry 15.3% so far under Trump.  Source: FRED Top 1% and Bottom 50%.

This might explain why the “forgotten” wanted large scale change and will continue to support those who can facilitate it.

All coronavirus has done is exposed the despicable bile of partisan politics. Witnessing a concerted effort to remove Trump in the midst of an untold financial tsunami will not sit well with people. This isn’t about partisanship. They will want someone that can deliver. If it comes with all of Trump’s vulgarity then so be it. After all, a man that can win an election with ‘p*ssy grabbing’ on the ticket can produce miracles.

So there is Trump’s election strategy in a nutshell – “China, China, China!”

Good luck with Joe Biden telling Americans that President Xi has America’s best interests at heart! How can he say this when his former boss was not greeted with red carpet, a mobile stairway or a welcoming committee of important dignitaries on his final state visit to China?

Forget the polls. Forget the media spin. Coronavirus has hit the raw nerve of patriotism and the one person who is accused of constantly lying will be the only one speaking the truth. Americans are at a crisis point. Best not question their loyalty to Old Glory.

We may hate the idea of a new cold war but that is up to Americans to decide. We are at their mercy. Ultimately it is best to have a strong America given China’s soft power expansion.

Colonialism and Comcars

Image result for robert menzies car

Senator Mattias Cormann has admitted he was behind the decision to change the colour of our government Comcars – which ferry politicians around – from white to dark grey in order to remove any remnants of our colonial past, which in his words were “a better reflection of a modern, forward-looking Australia.” Forget the fact that most government cars were painted black, including Sir Robert Menzies’ Bentley (above). Might have been better to channel the founder of the Liberal Party as inspiration instead some woke nonsense. Or just let the drivers, who need to clean and maintain the vehicles, choose. 

Seriously though, what % of Australians have ever thought that our white Comcars harked to a colonial past? Best put it to a plebiscite and waste more time. 

Dark Grey? Isn’t that a gloomy hue? Should Aussies prepare for dark days ahead? Truth be told the colour is probably quite representative of where our economy is heading, even without coronavirus.

Interestingly, according to car insurer youi,

Our accident frequency research reveals that dark coloured cars are more likely to be in an accident than lighter coloured cars, likely because they are less visible to other drivers on the road. Grey coloured cars topped the list, followed by black and charcoal.

Who says that politicians don’t make sacrifices for us?

If we study where the proportion of cars coloured in colonial white is highest, perhaps parliament should be spending up big on a reeducation program in Tasmania for their unconscious colonialism. youi claimed,

Tasmania has the highest percentage of white cars at 33.80% versus the national average of 30.45% (silver 19.4%, blue 11.29%)

White cars seem to be connected to toxic masculinity too. Best run a campaign on unconscious sexism if youi is to be believed.

Compared to females, white is more popular for males relative to other colours (34.34% for males, 26.46% for females)

Take it a step further and question how much more Cormann could have done to reduce the racist footprints of colonialism.

Why are we buying cars from a maker that powered the Nazi Luftwaffe, SS and Wehrmacht, based in a nation that at the time was hell-bent on world domination and genocide? If we went for Lexus or Toyota we’d be buying cars built by a country that was also determined to colonize The Pacific. Jaguars or Range Rovers would be off the list, even though the Indians now own the brands. Rolls-Royce & Bentley are German-owned. Italians were colonialists. Maserati, Fiat, Lancia and Alfa Romeo banned. The French? Colonialists. Renault and Peugeot-Citroen are out. The Spanish? Colonialists. No SEATs, although that is owned by the Germans. America? Someone is bound to raise an issue with their CIA operative endorsed post-war military hegemony. So no Caddies, Fords or GM cars, especially after the axing of the Holden brand. China? Buying Haval or Great Wall cars would at the very least cut down on the overall cost of Comcars, especially with the generous 10-yr unlimited kilometre extended warranty.  That is how we cut the budget deficit. 

Maybe we should just buy Volvos. Maybe that way we could appeal to be supporting the home team of climate activist, Greta Thunberg to shore up the youth vote while acknowledging that the Viking hordes of 1000 years ago was far back enough in history to upset anyone today. If we’re lucky, the Swedish Riksbank may consider buying our sovereign debt again

Seriously, haven’t our pollies got anything better to do than conjure up such illogical nonsense like this? Given we’re at this level of discourse, perhaps walking, cycling or public transport would be a better bet for our lawmakers. At the very least it would put them in touch with how commoners live.

CSIRO cost energy transition at $1tn (oh plus $175bn to integrate renewables)

CSIRO

As our political class push for net-zero emissions by 2050, we shouldn’t be surprised that there aren’t costings. In reality, we would prefer politicians pave the roadmap to where the mystical decarbonized industries that will replace all of the jobs we will give up in mining, agriculture and transport will come from to fund it all? One way to cut our emissions is to tank the economy. Job done. After all being on the right side of history involves sacrifice. Our grandkids will thank us for it. Greta assures us.

The bigger question is why haven’t our politicians made a b-line to reference our CSIRO’s energy transition costings which exceed $1 trillion with a “T” out to 2050 (p.135)? Note this report isn’t a net-zero study – just lower emissions. So by that logic, net-zero will cost even more. 

You will feel even warm and fuzzier after reading the next sentence.

CSIRO assures us that “these costs do not include the full integration costs of renewables, but that these costs are expected to be significantly less than $175 billion.” Who cares about billions in a world of trillions? Significantly less? Can anyone name a government project that has come in on time and on budget? Submarines? NBN? The beauty of spending other people’s money.

The power generation pathways are quite interesting. In Pathways 1 & 3, solar and wind are capped at 45%. Pathway 1 relies on biomass (actually dirtier than brown coal) with Pathway 3 allowed to include HELE coal, nuclear and geothermal. In Pathway 2 renewables are uncapped with battery storage. Pathway 4 is the same as Pathway 1 but with additional electricity consumption from hydrogen electrolysis for transport.

Electricity wholesale prices are contained on p.231. Even in the best-case scenario, we should expect a 50% increase in electricity costs. In the worst-case scenario on Pathway 3, wholesale prices will surge over 4x. Politicians should proudly tout to the public that they have energy prices under control.

Retail prices remain the cheapest on a no abatement basis (p.233)…who knew? In 2016 dollars, no abatement electricity will rise 40%, Pathways 1-3 +60% and Pathway 4 +80%.

CSIRO also assumes that by 2030, 5% of rooftop solar owners elect to leave the grid increasing to 10% by 2050.

Why aren’t our politicians looking at the world’s biggest renewable crash test dummy – Germany? As we wrote, Germany’s Federal Court of Auditors is even more forthright about the failures…The shift to renewables, the federal auditors say, has cost at least 160 billion euros in the last five years. Meanwhile, the expenditures “are in extreme disproportion to the results…

Note 330,000 German households are in a state of energy poverty and have had their electricity provider cut them off. Australia is around 45,000.

We have a home-grown movement to reference commitment to climate change. 98.9% of households in the electorate of Warringah, that supposedly voted Zali Steggall OAM in on a climate change ticket, still haven’t signed up to her ‘Roadmap to Zero’ plans. Maybe they are just too busy filling their high powered V8 SUVs on Military Rd to get around to it.

If we want to stop global warming, at the very least politicians should stop creating all this hot air. This net-zero policy is an economic suicide note.