Will the loons cause energy chaos AGAIN?

Via The Australian, even as just about every business interest in the country and world condemns the Trump Paris dump:

A breakaway group of Coalition MPs is urging Malcolm Turnbull to consider pulling Australia out of the Paris climate accord after Donald Trump abandoned the agreement and shattered the international consensus on limiting global temperature increases.

…Mr Turnbull signalled he would stare down backbench dissent over the Paris accord, confirming the government was standing by its commitment to reduce emissions by 26-28 per cent on 2005 levels by 2030. He also sought to play down the impact of Mr Trump’s announcement, noting the President was delivering on an election promise. “The President’s announcement is not a surprise. It was a very core campaign commitment of his. It is disappointing,” Mr Turnbull said in Singapore. “We would prefer the US to remain part of the agreement. We are committed to the Paris Agreement.”

Several Coalition backbenchers spoke out to question the value of the Paris Agreement and whether Australia should reconsider its involvement. Queensland senator Ian Macdonald called for a review to consider an Australian withdrawal, arguing Mr Trump’s decision would “bring a new serious look at the whole question of climate change”.

…Queensland Nationals MP George Christensen said he did not subscribe to the theory of “catastrophic anthropogenic climate change”, describing the Paris Agreement as “pretty much pointless”.

Tasmanian Liberal senator Eric Abetz said the US withdrawal required Australia to “reconsider our own approach”, while NSW colleague Craig Kelly said the government should “monitor” Australian involvement.

This is not really an issue today. But it’s a worry going forward given Do-Labor Malcolm is probably going to lose the leadership to a loon later this year. The only thing we know about alternative leadership aspirant, Creepy Pete, is that he hates boatwogs and pooftas. But he is a card carrying loon ponder and his one dalliance with climate change – joking about our Pacific Islands neighbours sinking – does not bode well.

For now, at least, Do-Labor Malcolm has given up his caustic attack on renewables. The about to be released Finkel Report also supports ongoing commitment to carbon mitigation, also at The Australian:

The electricity industry would have to meet a new low-emissions target that favoured only clean coal-fired power sourced through carbon capture and storage (CCS) and delivered greater subsidies for gas and renewables, under recommendations to be put to the Turnbull government next week.

Significantly, rule changes to the National Electricity Market will include the requirement that all new large-scale renewable projects have storage capacity such as batteries to address ongoing ­reliability issues.

The Weekend Australian understands that the Finkel review of the National Electricity Market will set a benchmark carbon emissions target for the industry ­— ­expected to be about 0.7 tonnes of CO2 a megawatt hour.

It will also place stricter ­reliability rules on new large-scale renewable projects.

The final report to be delivered to the Council of Australian Governments on Friday has ­aban­doned the preferred energy intensity scheme in favour of a low emissions target (LET) that would be “energy-neutral” but ­indirectly penalise coal without CCS.

The new target would be separate from the Renewable Energy Target.

Industry groups, briefed on the report, have been told it would provide tradable clean-energy certificates for low-emissions generation, such as wind, solar and gas, and coal-fired power with CCS. Energy retailers and large industrial users would then be ­required to source a mandated amount of certified clean power.

Laugh out loud. A carbon price in other words. Let’s hope is goes forward.  I won’t hold my breath as the loons close in on Do-Labor Malcolm.

Comments

  1. Corbyn has plans to buy back the grid or even promises to buy back the grid (I would vote for him either way).

    Shorten, of course, is too anti-poor to talk about buying back the grid (which is a natural monopoly).

    I think the ALP even wanted to privatise the NBN!

    An absolute disgrace the ALP are.

    • ResearchtimeMEMBER

      Lets just tax everyone more, and make us poorer, then we won’t be albe to afford driving, heating or heavens above, air conditioning…

      There is nothing like a big fat tax to make all the socialists weak at the knees. A form of mass control – very appealing. Big brother knows best for the pleb.

      • And what, endless privatization, rent extraction, and concentration of wealth into fewer and fewer hands has worked out so well…. but but taxes…. sigh…

      • RT, we know who writes your cheques, so tone down the hyperbole. Your bunch has been subsidized for ever and still is, not to mention the externalities you sweep under the rug for future generations (or God/Allah/Yahweh… choose your boogeyman) to deal with.

      • Assume away. Our inhouse Cory B doesn´t get a free pass to tell us how great his masters are.

      • >Who writes my cheques?

        Good ghod, man! You haven’t even looked who signs your cheques?! How do you even keep track of where you’ve laid your astro-turf? Here’s how you do it – you have 2 books: one for ATO when they come to ask questions, and one for you – because you need to know who paid up, and what for.

  2. You know, that *actually* looks like Christensen.
    I mean, there’s a real likeness.

  3. “” A carbon price in other words. Let’s hope is goes forward.””
    You persist in calling anyone with any conservative instincts a loon. Yet you call for a Carbon tax and at the same time scream the loudest for lower and lower interest rates to use up the planet at a faster and faster pace. Nothing loony about that!!!!!! It’s pure moron!!

    • Consider exporting goods as exporting scarce water [natural resource] the externalities such as soil depletion [non renewable to scale] and other environmental aspects. Under such circumstances importation has a different aspect from say days gone by. Never the less people need jobs and income, to what those endeavors strive for – seems the more important aspect.

      • One day Skippy you will actually write something that, both, makes sense and actually has something to do with what you are commenting on.

      • flawse….

        Your still struggling to acknowledge that neoliberalism is a conservative right wing pro business ideology, as well, as that today’s world is physically different than the time in which your beliefs were formulated. This is compounded by behavioral expectations wrt IR and the belief that a good dose of austerity is just what the economist ordered.

        disheveled…. the pejorative use without substantiation is noted.

      • skippy
        That just shows that you never read any reply. Never!!!!
        You don’t actually understand economics at all so it is impossible for you to read a fair bit of what is written here. You just go on ranting about something you can copy and paste. You just do the same thing over and over. You haven’t a clue so you just shout ‘neoliberal’ and somehow, for you, that is the answer to all argument.
        Just a test. Tell me how what I said that is somehow ‘neoliberal” ?

        Further if you EVER once read a single post you’d know that what I espouse is so far from neoliberal (as you describe it) as it is possible to get without being a non-thinking Lefty who wants to return to Stalinist days.
        Note – people can be Left and thinking and rational and have their economics correct. Then it is an argument about human behaviour in response to policy and action.

  4. I heard a Liberal backbencher on the ABC claim high electricity prices are hurting business, but interestingly not once did he mention high gas prices and the effect they are having? I just can’t take the loon pond seriously.

  5. It matters not what these three dudes have to say. When and if PM-in-waiting Dutton drops anti-Paris hints, that will be something to pay attention to.

    • A hint by Dutton would be interesting. But I don’t think the starting trigger will come from this issue (something to do with immigration would be more likely given he is immigration minister).

  6. I thought Ian MacDonald is proof that no one over the age of 65 should be in Parliament nor serve more than two terms, they’re just too fucken senile and self entitled.