remember in the movie back to the future When the Doctor warns Marty McFly not to allow his future self to meet his past self, or will a catastrophe happen? Well, take note, because the conflicting narratives on energy security and climate change are on a collision course, and the consequences will hurt us all.
The European and UK energy crisis has almost doubled UK energy bills since 2019 – a trend that predates Covid and Ukraine. The gas is mainly used to heat homes and generate electricity. Supply is low because local supply is restricted (UK fracking is restricted), global growth is down (Biden’s US policy), demand is high (renewable production is low, coal is phasing out) and Russian supplies are constrained.
From January 2021, 31 British energy retailers have ceased business Because customers are not able to pay the bill. The regulated ‘energy price limit’ was £1,100 (AU$1,900) per year in 2019, reached £1,900 in 2022, and is likely to be raised It again reached a record high of £2,600 (AU$4,500) this October. with millions of families Faced with ‘fuel stress’, UK domestic politics has shifted its focus from climate change to energy security, a long-expected change. for reference, Average Australian Electricity Bill is AU$1,600.
For years the arguments for energy security in the UK have fallen on deaf ears. The UK’s Benny Peiser, director of the Global Warming Policy Foundation, argued during his recent visit to Australia that if people are made to fear climate change, they may reject the rational argument for energy security. However, when the price of energy rises, the fear of not paying the bills becomes paramount, and the energy security argument may prevail.
Benny’s argument is coming true as media across Europe and the UK have pushed to match the energy crisis. Headlines about rising costs are the usual headlines on climate change, and politicians are following suit. Subsequently, the much-hyped IPCC report failed to create a buzz. This marks a turning point for the UK, as the real cost – and risk – of modeling and ideology come crashing down on the reality of families providing food and heat.
Australia is following the same path as Britain. Swap the authoritarian Putin for a group of Greens, Teals, ALP lean, and LNP moderates, and you get an energy crisis with a democratic complexion. LNP Senator Matt Canavan must feel right as he compares policy failures at home against the idiosyncrasies of Net Zero decrying Britain’s energy crisis.
Net Zero is certainly a Trojan horse – a purist agenda in the form of environmentalism. The quest to achieve Net Zero will scale up wind and solar (requiring raw materials, land and transmission lines) in a big way; reducing the exploration, development and consumption of fossil fuels; When moving emissions-intensive industries to developing countries.
Canavan is right that the strategy is failing largely in Europe and the UK and would be a disaster for fossil-fuel-dependent Australia. coal mining industry In 2020, about 40,000 people were directly employed, about 20,000 in oil and gas, and a total of 150,000 workers in the mining sector. These figures exclude ancillary industries.
Australian coal mining shutdown There is an exercise in utter stupidity. Indonesia is Global leader for thermal coal Exports (used for power generation) 450 million tonnes per year. Australia, in second place, exports 200 MTPA, which is about 10 percent more than third-ranked Russia. Main importer China sources around 250 MTPA, while Japan, South Korea, Taiwan and the European Union together import 330 MTPA. India and rest of Asia together import 310 MTPA and growing.
Australia is positioned ideally for the foreseeable future to serve the growing coal markets in Asia and India, even as Australian net zero group And their wealthy benefactors believe. These enthusiasts only have carbon piety to offer, and no one wants that.
Getting inner-city voters tempted by promises Subsidies for electric vehicles and household batteries, while others get transmission lines in their backyards. Simon Holmes Court have joined the campaign against the LNP, and their political investments are set to rival their investments in renewable energy. If their candidates win a swing against incumbent LNP members, they will shape public policy even further for the benefit of Holmes Court and his supporters. The federal government thinks it will stop this calculated infiltration (at least among Josh Frydenberg voters) by committing to achieving Net Zero by 2050. a lot of expenses along the way.
This appeasement strategy, disguised as pork-barrelings dressed as propaganda, in exchange for retaining the kuyong, would almost certainly lead to the loss of government seats in the regions. In the 2019 federal election, George Christensen was returned with 64 percent of the preference vote, with Scott Morrison campaigning against climate change policies; An 11 percent improvement over the 2016 election. Regional voters, especially in Queensland, will vote against Net Zero policies every now and then.
Against a backdrop of high debt, policies resulting in high energy costs and high inflation are a recipe for disaster. Both major parties are committed to net zero, both increasing debt, neither enticing people to reduce their personal debt. How Much Will a Net Zero Fantasy Cost Us Before Waking Up, Because It’s Not a Movie – There’s No Over It?
Ben Beatty is an electrical engineer in the electricity and natural gas sector.