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bnzoo
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 Posted: Thu Oct 30, 2008 6:09 am Post subject: Worse Is Better And Less Is More!! |
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October 30, 2008
From the same people who didn>t realise their bank deposit guarantee to
stop a run would cause one:
THE KRudd Government will press ahead with its emissions trading scheme,
arguing that modelling to be released today proves it is pro-growth and
good for the nation>s long-term economic competitiveness.
Yes, they really do believe that raising the price of our electricity
and all things gassy will give us more growth and cheaper exports.
Smile and pray.
UPDATE
Terry McCrann says he doesn>t trust the Treasury>s guesses on emissions
trading, either. Not with its record:
TREASURY, as noted, gave us the unlimited sweeping bank deposit
guarantee. Just a few 'details' to follow.
In May last year Treasury forecast that growth in the economy to June
this year would be 4.25 per cent. It was 2.7 per cent.
In the same budget Treasury forecast that inflation would be 2.75 per
cent. It turned out to be 4.5 per cent.
In May last year the budget surplus projected by then-Treasurer Peter
Costello was going to be $10.6 billion in the 2007-08 year. The actual
figure on a comparative basis came in at $27 billion.
And in this case, Treasury adds a wild assumption to its optimistic
guess:
It>s not just that the price of energy is artificially increased, but it
has to be assumed that new energy will seamlessly replace our existing
carbon-based energy.
http://blogs.news.com.au/heraldsun/andrewbolt/index.php/heraldsun/comments/worse_is_better_and_less_is_more/
--
Warmest Regards
Bonzo
"CO2 variations show little correlation with our planet>s climate on
long, medium and even short time scales." R. Timothy Patterson,
Professor Of Geology, Director Ottawa-Carleton Geoscience Center,
Carleton University, Canada |
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Mauried
Guest
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| Posted: Thu Oct 30, 2008 7:14 am Post subject: Re: Worse Is Better And Less Is More!! |
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On Thu, 30 Oct 2008 12:09:17 +1100, "bnzoo" <bnzoo@rs.com> wrote:
[quote]
October 30, 2008
From the same people who didn>t realise their bank deposit guarantee to
stop a run would cause one:
THE KRudd Government will press ahead with its emissions trading scheme,
arguing that modelling to be released today proves it is pro-growth and
good for the nation>s long-term economic competitiveness.
Yes, they really do believe that raising the price of our electricity
and all things gassy will give us more growth and cheaper exports.
Smile and pray.
UPDATE
Terry McCrann says he doesn>t trust the Treasury>s guesses on emissions
trading, either. Not with its record:
TREASURY, as noted, gave us the unlimited sweeping bank deposit
guarantee. Just a few 'details' to follow.
In May last year Treasury forecast that growth in the economy to June
this year would be 4.25 per cent. It was 2.7 per cent.
In the same budget Treasury forecast that inflation would be 2.75 per
cent. It turned out to be 4.5 per cent.
In May last year the budget surplus projected by then-Treasurer Peter
Costello was going to be $10.6 billion in the 2007-08 year. The actual
figure on a comparative basis came in at $27 billion.
And in this case, Treasury adds a wild assumption to its optimistic
guess:
It>s not just that the price of energy is artificially increased, but it
has to be assumed that new energy will seamlessly replace our existing
carbon-based energy.
http://blogs.news.com.au/heraldsun/andrewbolt/index.php/heraldsun/comments/worse_is_better_and_less_is_more/
--
Warmest Regards
Bonzo
"CO2 variations show little correlation with our planet>s climate on
long, medium and even short time scales." R. Timothy Patterson,
Professor Of Geology, Director Ottawa-Carleton Geoscience Center,
Carleton University, Canada
[/quote]
And given that any new energy cant be nuclear, that doesnt leave very
many options.
Not many off the shelf renewable replacements for 1GW coal fired power
stations.
Gas is about the only option currently.
Heres an interesting question .
Why do any new renewable power stations have to be built by the
private sector.
Why cant they be built by Governments. |
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bnzoo
Guest
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| Posted: Thu Oct 30, 2008 7:25 am Post subject: Re: Worse Is Better And Less Is More!! |
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"Mauried" <mauried@tpg.com.au> wrote in message
news:490917a3.444953656@news.tpg.com.au...
[quote]On Thu, 30 Oct 2008 12:09:17 +1100, "bnzoo" <bnzoo@rs.com> wrote:
October 30, 2008
From the same people who didn>t realise their bank deposit guarantee
to
stop a run would cause one:
THE KRudd Government will press ahead with its emissions trading
scheme,
arguing that modelling to be released today proves it is pro-growth
and
good for the nation>s long-term economic competitiveness.
Yes, they really do believe that raising the price of our electricity
and all things gassy will give us more growth and cheaper exports.
Smile and pray.
UPDATE
Terry McCrann says he doesn>t trust the Treasury>s guesses on
emissions
trading, either. Not with its record:
TREASURY, as noted, gave us the unlimited sweeping bank deposit
guarantee. Just a few 'details' to follow.
In May last year Treasury forecast that growth in the economy to June
this year would be 4.25 per cent. It was 2.7 per cent.
In the same budget Treasury forecast that inflation would be 2.75 per
cent. It turned out to be 4.5 per cent.
In May last year the budget surplus projected by then-Treasurer Peter
Costello was going to be $10.6 billion in the 2007-08 year. The actual
figure on a comparative basis came in at $27 billion.
And in this case, Treasury adds a wild assumption to its optimistic
guess:
It>s not just that the price of energy is artificially increased, but
it
has to be assumed that new energy will seamlessly replace our existing
carbon-based energy.
http://blogs.news.com.au/heraldsun/andrewbolt/index.php/heraldsun/comments/worse_is_better_and_less_is_more/
--
Warmest Regards
Bonzo
"CO2 variations show little correlation with our planet>s climate on
long, medium and even short time scales." R. Timothy Patterson,
Professor Of Geology, Director Ottawa-Carleton Geoscience Center,
Carleton University, Canada
And given that any new energy cant be nuclear, that doesnt leave very
many options.
Not many off the shelf renewable replacements for 1GW coal fired power
stations.
Gas is about the only option currently.
Heres an interesting question .
Why do any new renewable power stations have to be built by the
private sector.
Why cant they be built by Governments.
[/quote]
Are you asking me?
Je ne sais quoi!
BTW what is a "renewable power station"??
--
Warmest Regards
Bonzo
"Every year they recalibrate their computer model and put in the
observed temperature. So, as they go along, the curve that trails behind
is perfect. It>s like predicting the morning>s weather at six-o>clock in
the evening.." Dr. Don J. Easterbrook, Professor Emeritus Geology,
Western Washington University |
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Mauried
Guest
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| Posted: Thu Oct 30, 2008 3:40 pm Post subject: Re: Worse Is Better And Less Is More!! |
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On Thu, 30 Oct 2008 13:57:36 +1100, "bnzoo" <bnzoo@rs.com> wrote:
[quote]
"Mauried" <mauried@tpg.com.au> wrote in message
news:490917a3.444953656@news.tpg.com.au...
On Thu, 30 Oct 2008 12:09:17 +1100, "bnzoo" <bnzoo@rs.com> wrote:
October 30, 2008
From the same people who didn>t realise their bank deposit guarantee
to
stop a run would cause one:
THE KRudd Government will press ahead with its emissions trading
scheme,
arguing that modelling to be released today proves it is pro-growth
and
good for the nation>s long-term economic competitiveness.
Yes, they really do believe that raising the price of our electricity
and all things gassy will give us more growth and cheaper exports.
Smile and pray.
UPDATE
Terry McCrann says he doesn>t trust the Treasury>s guesses on
emissions
trading, either. Not with its record:
TREASURY, as noted, gave us the unlimited sweeping bank deposit
guarantee. Just a few 'details' to follow.
In May last year Treasury forecast that growth in the economy to June
this year would be 4.25 per cent. It was 2.7 per cent.
In the same budget Treasury forecast that inflation would be 2.75 per
cent. It turned out to be 4.5 per cent.
In May last year the budget surplus projected by then-Treasurer Peter
Costello was going to be $10.6 billion in the 2007-08 year. The actual
figure on a comparative basis came in at $27 billion.
And in this case, Treasury adds a wild assumption to its optimistic
guess:
It>s not just that the price of energy is artificially increased, but
it
has to be assumed that new energy will seamlessly replace our existing
carbon-based energy.
http://blogs.news.com.au/heraldsun/andrewbolt/index.php/heraldsun/comments/worse_is_better_and_less_is_more/
--
Warmest Regards
Bonzo
"CO2 variations show little correlation with our planet>s climate on
long, medium and even short time scales." R. Timothy Patterson,
Professor Of Geology, Director Ottawa-Carleton Geoscience Center,
Carleton University, Canada
And given that any new energy cant be nuclear, that doesnt leave very
many options.
Not many off the shelf renewable replacements for 1GW coal fired power
stations.
Gas is about the only option currently.
Heres an interesting question .
Why do any new renewable power stations have to be built by the
private sector.
Why cant they be built by Governments.
Are you asking me?
Je ne sais quoi!
BTW what is a "renewable power station"??
[/quote]
A power station approved by the greenies.
What else could it be. |
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Mauried
Guest
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| Posted: Thu Oct 30, 2008 3:47 pm Post subject: Re: Worse Is Better And Less Is More!! |
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On Thu, 30 Oct 2008 10:40:47 GMT, mauried@tpg.com.au (Mauried) wrote:
[quote]On Thu, 30 Oct 2008 13:57:36 +1100, "bnzoo" <bnzoo@rs.com> wrote:
"Mauried" <mauried@tpg.com.au> wrote in message
news:490917a3.444953656@news.tpg.com.au...
On Thu, 30 Oct 2008 12:09:17 +1100, "bnzoo" <bnzoo@rs.com> wrote:
October 30, 2008
From the same people who didn>t realise their bank deposit guarantee
to
stop a run would cause one:
THE KRudd Government will press ahead with its emissions trading
scheme,
arguing that modelling to be released today proves it is pro-growth
and
good for the nation>s long-term economic competitiveness.
Yes, they really do believe that raising the price of our electricity
and all things gassy will give us more growth and cheaper exports.
Smile and pray.
UPDATE
Terry McCrann says he doesn>t trust the Treasury>s guesses on
emissions
trading, either. Not with its record:
TREASURY, as noted, gave us the unlimited sweeping bank deposit
guarantee. Just a few 'details' to follow.
In May last year Treasury forecast that growth in the economy to June
this year would be 4.25 per cent. It was 2.7 per cent.
In the same budget Treasury forecast that inflation would be 2.75 per
cent. It turned out to be 4.5 per cent.
In May last year the budget surplus projected by then-Treasurer Peter
Costello was going to be $10.6 billion in the 2007-08 year. The actual
figure on a comparative basis came in at $27 billion.
And in this case, Treasury adds a wild assumption to its optimistic
guess:
It>s not just that the price of energy is artificially increased, but
it
has to be assumed that new energy will seamlessly replace our existing
carbon-based energy.
http://blogs.news.com.au/heraldsun/andrewbolt/index.php/heraldsun/comments/worse_is_better_and_less_is_more/
--
Warmest Regards
Bonzo
"CO2 variations show little correlation with our planet>s climate on
long, medium and even short time scales." R. Timothy Patterson,
Professor Of Geology, Director Ottawa-Carleton Geoscience Center,
Carleton University, Canada
And given that any new energy cant be nuclear, that doesnt leave very
many options.
Not many off the shelf renewable replacements for 1GW coal fired power
stations.
Gas is about the only option currently.
Heres an interesting question .
Why do any new renewable power stations have to be built by the
private sector.
Why cant they be built by Governments.
Are you asking me?
Je ne sais quoi!
BTW what is a "renewable power station"??
A power station approved by the greenies.
What else could it be.
[/quote]
As for the other question, why cant renewable power stations (whatever
they are) be built by Governments, well its like this.
What does an ETS scheme do, apart from making electricity more
expensive.
Well, the propenents of such schemes tell us that it creates incentive
to develop cleaner sources of power by artificially making dirty power
more expensive, and it sure does this.
The next bit though is less clear.
Who is the incentive intended for , ie who precisely will build all
the new clean, green power stations.
The theory seems to be that its the private sector , as it makes no
sense for Governments to do it , since they are the recipients of the
carbon taxes.
If Govts were going to build the new power stations , then we wouldnt
need an ETS at all.
Bit odd since in most countries , it was Govts who originally built
all the Coal Fired power stations. |
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