#shaming

Albo moves from dumb to dumber

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Oh boy! Here we go again. Adjusting targets to a pointless exercise to an even more irrelevant one, albeit at a massive net cost to all Aussies.
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This is the trend of Australian energy price inflation and manufacturing jobs over the last two decades. Notice anything? A correlation of about 90%. Energy prices go up, manufacturing comes down. We have shed 250,000 manufacturing jobs in the last two decades. Green jobs have not replaced them. Not even 1/10th of the jobs lost as this chart from the ABS shows.
The trend is the same in Denmark, which is an even big renewables user. The correlation is even higher. Denmark has shed 200,000+ jobs following green madness. No green jobs haven’t offset this either.
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Is it a surprise that prices, where more renewable energy is used, are higher than those places that don’t? If it weren’t for the weak $A, these numbers would look even worse.
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Labor leader Anthony Albanese thinks that shifting the focus away from 45% renewable by 2030 to net zero emissions by 2050 is a game-changer. Why can’t these politicians count or look at the experience at home and abroad? What is this obsession to take Australia’s 0.00001345% CO2 contribution to the atmosphere to zero? How many billions more should we spend for absolutely no return? Does he not realise that Australia has the third-highest clean energy spending per capita already? Why all the self-flagellation?

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Our per capita emissions are going down relative to many neighbours. Don’t be fooled by the Europeans either. Biomass (which is as dirty as lignite (brown coal)) gets special dispensation from the EU hacks if a tree is planted for every one burned. So even though the tree that is planted will take at least 50 years to be able to replace what was burnt, fear not, creative stats are ok in Brussels.
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Ahh, but Germany is the country we should all aspire to be, no? Well actually, no. In 2007 Germany forecast that 2020 residential electricity prices would be approximately 16 Eurocents. Today they trade at c.31 Eurocents. Merkel’s policies to phase out all nuke power after the Fukushima disaster. 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.

There is also such an irony when these mad green schemes encounter scourge from animal rights groups. Former Green’s leader Bob Brown knows the feeling,

“The bird of prey [red kite], with its elegantly forked tail, enjoys strict protection in Germany…Red kites are migratory, returning from the south in the spring, but they don’t return reliably every year. The mayor would have been happy if the bird had shown up quickly so its flight patterns could be analyzed and plans for the wind park adjusted accordingly. It would have been expensive, but at least construction of the project could finally get underway.

But if the bird doesn’t return, the project must be suspended. Spies has to wait a minimum of five years to see if the creature has plans for the nest after all. Which means the wind park could finally be built in 2024, fully 12 years after the project got underway.”

Part 2 – German Failure on the Road to a Renewable Future

An additional factor exacerbating the renewables crisis is the fact that two decades after the enactment of the Renewable Energy Sources Act (EEG), 20-year guaranteed feed-in tariffs will begin expiring next year for the first wind, solar and biomass facilities. Some of those who installed solar panels back then — often farmers and homeowners — are still receiving 50 cents for every kilowatt-hour they feed into the grid. Today, larger facilities receive just 5 cents per kilowatt-hour.

The state has redistributed gigantic sums of money, with the EEG directing more than 25 billion euros each year to the operators of renewable energy facilities. But without the subsidies, operating wind turbines and solar parks will hardly be worth it anymore. As is so often the case with such subsidies: They trigger an artificial boom that burns fast and leaves nothing but scorched earth in their wake.

That doesn’t include the 360,000 German households in energy poverty.

As Australia continues to expand the renewables portion of our power grid, the lessons from the Germans couldn’t be clearer – market distortions and misguided investments only lead to marginal results on the back of massive investment to stop something that can’t be controlled. German taxpayers have been swindled and Aussies are sleepwalking down the same path.

So Albo, the solution is simple. Do the math. Read about Germany’s beta testing of renewables and stop this crusade to prevent something that no matter what target you pick, zero will be the output. Just look at the price of energy relative to core CPI since we went renewables mad in 2000. That chart is not a vote winner.

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The only hot air Albo needs to worry about is that emanating from the Labor Party policy room. Drop all of this group think.

The profile of an arsonist

Well, well, well. Some school kids in Queensland have been busted for arson. While the “blame everything on climate change” brigade keeps making links to global warming and bushfires, the truth is that global area consumed by bushfire in the last 18 years has fallen 24%.

The Australian Institute of Criminology (AIC) notes that 85% of fires are either accidentally, suspiciously or deliberately lit. The US Department of the Interior data shows 90%. So it is consistent with Aussie pyromania.

The AIC notes, “most arsonists are white male, mid-20s, patchy employment record, often above average intelligence, but poor academic achievement and poor social development skills…56% of convicted structural arsonists and 37% of bushfire arsonists in NSW had a prior conviction for a previous offence.

The AIC might need to lower the age bracket to include brainwashed school kids spoon fed propaganda by activist teachers.

If the left really wanted to add to the list of climate change causality they could add white privilege to the growing excuses, sorry proof:

Pets

Cannibalism

Toxic Masculinity

Gender

Angela Merkel’s shakes

CM’s bus was late today. Maybe climate change is to blame. Or maybe Russian interference…both!?

Adult candy dispensers

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Only in America. The Alpine Shooting Range has taken Walmart’s decision not to sell handgun ammo into its own hands. It is now selling it by the pound from a dispenser like we used to buy candy.

Yet what of the stats of gun crime in America?

There are 50,000 (mostly individual) gun stores in the US. 95% of firearm related murders are committed with handguns. Statistically, America would be better off banning sales of pistols rather than AR-15s. Say automatic rifles are banned from today. What will change? Handgun murders will move closer to 100%. Good luck buying back 300m+ guns in America.

According to the Crime Prevention Research Center, murders in US appear to be very concentrated: 54% of US counties (representing 11% of the population) in 2014 had zero murders, 2% of counties made up 51% of the murders, ironically in states with the strictest gun controls – Illinois, NY and California.

Yet America has had decades of periods where governments had majorities in both houses and nothing was done on gun control. We’ve experienced Orlando, Las Vegas, Sandy Hook, Columbine, Parkland, Fort Hood, El Paso, Dayton, San Bernardino, Virginia Tech, Geneva County, Aurora…the list goes on.

Moves by sporting goods stores like Dick’s to ban AR sales and raise the age limit to 21yo looked sensible from the outside. However, they had multiple massacres over decades to make that call. The current CEO has been in charge since 1984. Why the u-turn in his conscience? Indeed the company did temporarily suspend sales of ARs after Sandy Hook in 2012 but kept retailing them at the company’s Field & Stream outlets before selling them again at Dick’s. Inconsistent.

Recall the Parkland, Florida school shooting. At the time media outlets went all guns blazing on the National Rifle Association (NRA), CM warned that it most likely would cause a knee jerk reaction in the opposite direction. We speculated that the hike in membership fee likely reflected a surge in members. As tragic as the Parkland massacre was, CM said that ‘shaming’ NRA members en masse would only make them dig in deeper. As it turns out searches for NRA membership surged 4900% immediately after the tragedy. People are sick and tired of being bullied into feeling guilty about things they haven’t caused.

39,773 died from gun-related death in America in 2018. The highest number in 20 years. Statistically speaking ‘massacres’ accounted for only 106 deaths in 2018 or 0.27% of the total. Yet media attention focuses on it.

To put it into perspective the total number of overdose deaths involving heroin from 2002 to 2015 jumped 6.2-fold in the US. Automobiles killed around 32,000 people last year or a little over 2x that of heroin overdoses. When adding non-methadone opioids (illicit fentanyl) overdose that number surged to 20,000, a 33% YoY jump on 2014 and 5.9x 2002. Why is it happening? The problem for many prescription painkiller users is that once their bottle ends, the addiction doesn’t stop meaning many switch to heroin to get the same ‘opioid’ hit.

We armchair politicians can sit back and shake our heads at America. Yet until there is a will of the people to change the laws, expect more massacres to happen. Name an American politician that is willing to repeal 2A as a cornerstone election campaign policy. There is your answer. Will the Democrat nominees raise their hands for the repeal of 2A? Safer to raise hands at free healthcare for illegal immigrants. 2A is toxic to touch. Sadly innocent people are dying for no reason.

As for Alpine Shooting Range, it is doing the auld American thing of embracing capitalism within the law.

Despite all the problems at the gates of Elysee Palace, Macron torches 10 Downing St instead

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As the German 6th Army marched on Paris on June 14th, 1940 civil servants of Britain and France drafted a proposal for a Franco-British Union in the ensuing 48 hours. It wasn’t to be a mere military pact but essentially merging two countries. The document stated clearly,

At this most fateful moment in the history of the modern world, the Governments of the United Kingdom and the French Republic make this declaration of indissoluble union and unyielding resolution in their common defence of justice and freedom against subjection to a system which reduces mankind to a life of robots and slaves.

Churchill was surprised by the eagerness of the French. Charles de Gaulle embraced the idea of wanting immediate execution. However, the French quickly became disillusioned and disappointed when the British were pulling troops from Dunkirk. The deal collapsed.

Then PM Paul Reynaud wrote in his memoirs that, “Those who rose in indignation at the idea of union with our ally were the same individuals who were getting ready to bow and scrape to Hitler.

So it was a No Deal outcome. The British accepted it.

The British didn’t give up and abandon the French but vowed to liberate them regardless of failing to reach a ‘mutual’ deal. Surviving the Battle of Britain, the Blitz and U-boats destroying merchant shipping, the British, with allied help, played an instrumental role in defeating Hitler. We can soundly argue that Britain had little choice but to do as she did, but the liberation of France was a welcome by-product, not lost on the French in August 1944.

The sacrifices made by Great Britain to drive out those evil occupiers are not lost on the British either. So to have Macron issue an ultimatum is ignoring history. Perhaps Macron should ask his wife, who grew up soon after the war, about French attitudes of the time – how they deeply appreciated and embraced Liberté, égalité, fraternité.

However, all credit must be given to French President Emmanuel Macron for conveniently forgetting the past and embracing double standards to try to railroad and back the very foreign democracy – that essentially assured he was able to attain the position he has – into a corner. That is the EU operating to type.

As CM has mentioned multiple times, the negative impacts on the UK economy are effectively zero if common sense between nations prevails.

Looking at the latest trade stats between the EU and Britain it is simple. EU members make up 7 of the Top 10 British export markets accounting for 37.4% of all trade. Top 10 accounts for 65.9% of trade. Trump accounts for £54.9bn vs £36.5bn from Merkel.

On the Import side, the UK matters much more to the likes of Germany £68bn. The Dutch at £42bn and France at £28bn.

In short of the UK ‘s Top 10 importing nations, 8 are EU members. The Top 10 account for 65.7% of the total. Those 8 EU nations make up 48.1% of all British imports. 7.13% of Germany’s exports end up in Blighty. One might argue that 10% of UK exports ending up in Germany is reason enough to back down. Yet why would either seek to make their position worse off? Germany is the UK’s #1 importer and Germany is the #2 destination for British exports. For Germany, the UK ranks #11 importer and #3 export nation.

Will Angela Merkel really work to ruin a trading relationship with the UK where the trade surplus alone is worth 1% of German GDP? Especially as the German economy is contracting?

Macron has once again revealed the EU’s utter contempt for sovereign state democracy. Ironic coming from a man who has seen his popularity collapse at home. If he can’t fix the will of those very constituents he represents at his own doorstep (yellow vest protests haven’t ended), what place does he have soiling the doormat at 10 Downing St? It reads like Aesop’s “Dog in the Manger.

In closing, wasn’t the whole point of establishing the EU to prevent tyranny from ever happening again?

Icelandic double standards on LGBT

Well done Iceland. How woke to stoop to childish antics and show open disrespect to the deputy leader of the most powerful nation in the world. Do the Icelandic president and corporations honestly believe that trolling Mike Pence (regardless of his personal beliefs) with rainbow flags and bracelets will somehow make him change his views or persuade those that support him to abandon him? So the way to show the moral high ground is to seek to diplomatically humiliate.

Here is betting that the Icelandic leadership and business community don’t fly the rainbow flag when dignitaries from Pakistan, Guyana, Saudi Arabia, Iran, Myanmar, Brunei, Malaysia, Indonesia, Sri Lanka or Egypt visit, a small selection of countries that criminalize LGBT activity, unlike the US. Of course, Iceland has received glowing accolades for the stunt on Twitter which probably speaks volumes of credibility. This is what cowardice looks like.

Human Dignity Trust lists the following stats with respect to the criminalisation of LGBT people.

72 jurisdictions criminalise private, consensual, same-sex sexual activity. The majority of these jurisdictions explicitly criminalise sex between men via ‘sodomy’, ‘buggery’ and ‘unnatural offences’ laws. Almost half of them are Commonwealth jurisdictions.

44 jurisdictions criminalise private, consensual sexual activity between women using laws against ‘lesbianism’, ‘sexual relations with a person of the same sex’ and ‘gross indecency’. Even in jurisdictions that do not explicitly criminalise women, lesbians and bisexual women have been subjected to arrest or threat of arrest.

12 jurisdictions in which the death penalty is imposed or at least a possibility for private, consensual same-sex sexual activity. At least 6 of these implement the death penalty – Iran, Northern Nigeria, Saudi Arabia, Somalia, Sudan and Yemen – and the death penalty is a legal possibility in Afghanistan, Mauritania, Pakistan, Qatar and UAE. Executions have been reported in ISIS-held territory in Iraq and Syria in recent years.

15 jurisdictions criminalise the gender identity and/or expression of transgender people, using so-called ‘cross-dressing’, ‘impersonation’ and ‘disguise’ laws. In many more countries transgender people are targeted by a range of laws that criminalise same-sex activity and vagrancy, hooliganism and public.

Iceland trades with many of these anti-LGBT countries. Perhaps Iceland should put an embargo on those nations. Why not ditch 6.8% exports and 5.8% imports with the US if they feel such abhorrence against America?

Here is a picture of Ambassador of Sri Lanka to Iceland, Prof. Arusha Cooray with President Gudni Thorlacius Johannesson of Iceland. Sri Lanka a country that can imprison someone of LGBT background for 10 years. Maybe corporate Iceland didn’t get the memo to fly LGBT flags? Ambassador Cooray and President Jóhannesson discussed the potential for increased collaboration between the two countries in the areas of tourism, fisheries, tea, arts, culture and sports. Wait, no discussions on LGBT Mr President?

Ambassador of Sri Lanka to Iceland, Prof. Arusha Cooray with President Gudni Thorlacius Johannesson of Iceland.

The greater irony is that Mike Pence’s boss has openly advocated that nations which criminalise LGBT seek to repeal such human rights violations.

And yes, President Trump is hardly the high watermark as goes diplomacy. That doesn’t mean two wrongs make a right.

Atlassian should back the Minerals Council of Australia, not knock it

Atlassian co-CEO Mike Cannon-Brookes (MCB) has apparently been on a campaign trying to get the already left-leaning board of BHP to ditch ties with groups like the Minerals Council of Australia. But why?

CM believes that nothing shows the prosecution of a cause than leading from the front. MCB should use the might of Atlassian’s $32 bn market cap and seek to buy a controlling stake in BHP whereby it can behave like an activist shareholder and achieve those goals from within. A bit rich to demand a company like BHP fold to the whims of another listed corporate which has no direct business with it. That would be terrible governance for BHP to pay MCB any mind.

How would MCB react if BHP CEO Andrew Mackenzie turned around and demanded that Atlassian cut ties with ANZ for being embroiled in the Hayne Banking Royal Commission? MCB would rightly tell him to take a hike.

One doubts that MCB has much of his superannuation buried in BHP shares but why pick on the Minerals Council of Australia? After all, if he had a good look at what Australia’s mineral industry enables, Atlassian should be a backer not a knocker. Why not influence the debate by being part of it?

Here is a list of 30 things Australian minerals companies provide, including vital materials used in wind farms and solar panels, the very forms of renewable energy MCB wants Atlassian to rely on 100% to power its future. MCB’s Tesla is reliant on Aussie minerals to make the batteries. So does his smartphone, tablets, laptops and desktops. And so do the white goods that chill his food and the copper pipes that deliver hot water in his lovely mansion in Sydney. His dentist uses those minerals to maximise his oral hygiene.  The list goes on.

No one can take away the success MCB has achieved in the corporate sphere. However, it would appear that being an expert in the software world doesn’t always translate to being a sage on the environment much less hold any authority to dictate the boardroom discussions of a company that is more crucial to its existence than the other way around.

Chopping down a tree with a herring

How wonderful to have the elite try to lecture on our behaviours. Sir Ian Boyd, the UK Government’s chief climate scientist, has proclaimed that Brits must eat less meat, buy fewer clothes and reconsider heading off to Malaga on EasyJet during the summer break. He suggested that zero net emissions by 2050 will be unsustainable unless the government stops focusing on economic growth. Must have been talking to NZ PM Jacinda Ardern.

Unfortunately, politicians who run a campaign based on crimping economic growth won’t last very long in office when more constituents fall foul of such changes. Never mind, Sir Ian is likely to escape any hardships.

Sir Ian made reference to New Zealand, which has made a lot of effort to include wellness into the economic metrics. Despite the fact that evil Australia explicitly lacks “social wellbeing” in the wording of the official paperwork, CM has already shown the land down under outstrips NZ on a per capita basis across the desired metrics of mental health and so forth that Ardern champions.

Unfortunately, Sir Ian may get his wish, although not perhaps the way he intended. He can make reference to the fact we’re all consuming too much but the reality is that central banks have helped trade us into a corner that relies on front-loading ever more consumption to prevent the economy from imploding. Sadly, when the peons catch the brunt of this, they will be demanding the government dump environmental policies in favour of reviving the economy because marvelling at wind towers won’t fix their malaise. Jonathan Rochford of Narrow Road Capital sums this up nicely,

Just as the first step for an alcoholic is to admit their addiction and the damage it has done, central banks need to start by admitting they have gone too far with monetary policy and have caused substantial economic damage. An apology is owed to savers that have been punished for their prudence and to a generation of young people that have been substantially disadvantaged in their quest to purchase property without incurring excessive levels of debt. Central banks also need to admit that they have tried to use monetary policy to solve problems it simply wasn’t suitable for.”

Everything is a trade-off. However, ceding more control and regulation to governments and central banks around the world that have failed us so terribly to date have no track record to be demanding even more restrictions.

That means if governments want to hit “zero emissions”, stop telling the public how they must comply. Refrain from telling auto-makers they must be all-electric by 2040. How about just giving them the target and letting them decide by what means they will overcome the technological hurdles. That is how ingenuity is created, not by some new quango that will impose ever greater restrictions for next to no palpable return other than inconvenience and shared misery.

Monty Python described it best in the Holy Grail. The Knights of Ni demanded that King Arthur chop down the mightiest tree in the forest with a herring. Sir Ian is expecting that of industry and the Britons themselves. Understandably the “It” word that eventually tortures the Knights of Ni to their demise is actually sustainable “economic growth.”