PETROL $2 A LITRE: Leaders Obsess Over Net Zero

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Scott Morrison was not expected to win the 2019 Federal Election, but Labor’s environment policy was so insane that he got over the line. The message was clear that despite decades of propaganda, the Australian people would never risk destroying the economy over fanciful predictions of climate doom.

Now in late 2021 after fulfilling his initial promise to make the mass vaccination of Australians “as mandatory as you can make it”, the Prime Minister is sounding just as insane on climate and energy policy as Labor did 2 years ago.

An internal debate in the federal Coalition over climate change is heating up, and the Prime Minister is facing calls to attend the COP26 global climate conference next month.

Scott Morrison want net zero carbon emissions, while a few brave Nationals are telling him he’s dreaming. To make it look like Scott Morrison is not doing enough even though he is giving in to everything they ever demanded, environmentalists are demanding he go to some stupid meeting.

At the heart of the matter is the increasing pressure on the federal government to introduce a target of net zero emissions by 2050, following countries like the UK, Canada, US and Japan.

Other countries did it so we have to do it.

In the 1990’s when Daniel Andrews was busy branch stacking and selling drugs for Melbourne’s underworld under the guise of being a simple hotdog salesman, I was studying Comparative Politics. This basically involved looking at what other countries did, working out why something worked or didn’t work and deciding whether it was worth doing that here.

All that reading for nothing. Modern Comparative Politics is literally, they did it so we have to do it.

The federal government is in the final phases of developing a climate policy that is expected to commit Australia to net zero emissions by 2050.

However, some in the coalition’s ranks, particularly among the Nationals, have raised concerns about a net zero commitment, arguing it could adversely affect regional communities reliant on the resources and energy sectors for work.

The government has also previously raised questions about the reliability of renewable energy during times of peak demand or low generation.

But international pressure for net zero targets to be adopted is growing, particularly ahead of the COP26 climate conference in Glasgow next month.

Mr Morrison has not committed to attending the conference, but is considering it

Scott Morrison is basically preparing to destroy Australia’s coal-fired power generation, decimate our mining sector, flout (again) the democratic process and condemn Aussies to poverty for the next century because some people overseas said so.

Yet he’s in trouble over a meeting.

Meanwhile the price of oil, and thus petrol is surging:

Soaring oil prices have made headlines across the globe, with Sydney motorists warned of record petrol prices in the days ahead.

On Monday, US crude jumped by more than 2 per cent to a seven-year high of $US81.50 ($A111) a barrel.

That surge means that since the end of last October, it has climbed by more than 120 per cent, as fears grow that prices could even reach $US100 ($A136) a barrel.

The last time oil exceeded $US80 ($A109) a barrel was in October 2014…..

According to Lurion De Mello, Senior Lecturer in Finance at Macquarie University, Australia’s rising fuel prices are a consequence of global factors, including an unseasonal lack of wind in the UK, which meant renewable power production was far lower than normal.

“Oil prices have soared in response to the windless summer and British and German difficulties in getting access to Russian gas,” he wrote in a recent piece for The Conversation. “Those increases will soon hit Australia which imports 80 per cent of its petrol, diesel and jet fuel.

They’re blaming the wind like it’s the 1700’s or somehing.

It’s not unseasonal wind that’s to blame. It is the insane environmental policies of European countries which have hamstrung their nuclear and coal-fired energy sectors in favour of illusory “clean” energy. If they relied more on coal and nuclear, a lack of wind wouldn’t matter a jot.

From there they blame Russia:

“OPEC+ (OPEC and a Russia-led group of oil producers) have agreed to boost production, but only in measured steps.

“If and when Britain and Germany resolve their gas supply issues with Russia, perhaps by mid-2022, gas and oil prices will slide.”

These factors have sparked increased concerns that Australian motorists could potentially soon be paying $2 a litre for fuel.

So the Europeans gutted their baseload power generation, which meant that if the wind doesn’t blow or the sun doesn’t shine they need more gas from Russia, which means Aussie motorists could pay $2 a litre for petrol just as the nation is expected to emerge from lockdown, amid a backlog in global supply chains caused by the whole world emerging from lockdown at once and the aforementioned energy crisis.

At least China knows how to take decisive action:

If Australia commits to so-called “net-zero” we will condemn ourselves to the same problems in Europe which have contributed to this energy crisis in the first place. When the proverbial hits the fan in coming months, remember that like Covid, this is a completely engineered crisis.

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