‘Cambridge Dictionary has been accused of giving in to “woke activists” by changing its definition of “woman” to be inclusive of those who identify as transgender.
Net Zero and a rush into unreliable renewables is what got Australia into this mess. Next winter ought to be fun with these people running the show!!
‘Labor Cabinet ministers have slammed the gas companies for focusing on “maximising their profits” and halting major supply contracts following the government’s landmark response to soaring power prices.
The September Heads of Agreement deal which saw the gas companies commit to diverting all additional uncontracted LNG to the domestic market could be under threat.
In a shock response to the government’s $12/gigajoule cap on gas prices, Shell has paused its deal to sell 50 petajoules of LNG to energy providers as it “assesses the impact” of the proposed reforms.
The massive gas giant’s Queensland arm, QGC, was in the middle of an extensive tender process to contract the LNG for 2023/24.
“Pausing the EOI process was not an option we wanted to take, however, QGC needs to consider whether the design of the current EOI will meet the new regulatory requirements, including the 2023 price cap and the proposed mandatory Code,” a Shell spokesperson said.
Shell has paused its tender process to sell 50 petajoules of LNG to Australian domestic market. Picture: NCA
But the government has unleashed on Shell and other gas companies threatening to withhold supply to the system.
Energy Minister Chris Bowen said while the company was focused on boosting profits, the government would “protect the Australian people”.
“Gas companies want high profits at the expense of industries at the expense of workers and industries,” Mr Bowen said on Tuesday.
“Shell is one of the most profitable companies in Australia and we don’t mind them making profits in their … gas exports, they can make as much profit as they want doing that, but Australians have a right to this gas at a fair price.
“The government will be acting in the national interest not in the interest of Shell, not in the interest of any gas company, in the interest of every Australian.”
The cost of gas has soared since the war in Ukraine, with the spot price hitting as high as $27/gigajoule compared to typical pre-pandemic prices hovering around $6/gigajoule.
Energy Minister Chris Bowen accused the gas companies of receiving high profits at the “expense of workers and industries”. Picture: NCA NewsWire / Gary Ramage
As a result of the more than 140 per cent increase in the gas price year-on-year, industry giants Woodside has seen the share price jump by 57 per cent.
Fellow competitor Origin Energy has also seen its share price soar by more than 44 per cent this year and was another signatory to the September Heads of Agreement through its part ownership Queensland-based gas company APLNG.
Industry Minister Ed Husic warned the gas companies against pulling out of the landmark supply agreement as he questioned their claims over project sustainability.
“A lot of these players have made extraordinary profits, so, when these firms are making claims about the viability of projects, this is about them trying to maintain their profits in extraordinary times,” Mr Husic told ABC Radio National.
“For (energy companies) to claim this is a shock, or to threaten the nation, effectively, by saying they’ll walk away from a heads of agreement they walked into, I think they will need to consider their steps very carefully.”
Oil and gas company Woodside Energy joined Shell in warning the government its new caps on fossil fuels would create an “environment of uncertainty” which will see investment rapidly drop.
Industry Minister Ed Husic said the gas companies needed to “consider their steps very carefully” if the continued to threaten supply. Picture: NCA NewsWire / Martin Ollman
In a statement on Tuesday, Chief Executive Meg O’Neill said the industry’s ongoing investment was “crucial” to support the government’s renewable drive and added the government’s proposal failed to address falling supply.
“We need to unlock gas supply now. For example, Woodside has been looking at options to increase supply, including through new LNG import terminals, exploration spending and further development on the east coast,” Ms O’Neill said.
“Unfortunately, the proposed market intervention will make it very difficult for industry to economically invest to increase supply.
“No one wants to see energy shortages and gas rationing. We must develop a comprehensive, longer-term solution that addresses gas supply and reliability.”
The Albanese Government’s proposal to cap gas price, provide indirect energy bill relief and strengthen the consumer watchdog’s price monitoring capabilities will hit an emergency session of Parliament on Thursday.
‘Switzerland could limit the use of electric vehicles (EVs) in cases of electricity supply shortages this winter under a new four-step plan to prevent power cuts and blackouts.
To ensure energy security this winter, Switzerland could become the first country to limit the driving and use of EVs, German daily Der Spiegel reports, citing multiple media reports on the Swiss four-stage action plan to avoid blackouts.
Driving EVs could be banned in Switzerland unless in cases of “absolutely necessary journeys” in stage three of the power conservation plans. The country also plans a stricter speed limit on highways in the recently proposed action plan, which has yet to be adopted.
Switzerland typically imports electricity from France and Germany to meet all its power demand, but this year supply from its neighbors is constrained.
In France, the nuclear fleet availability is much lower than usual, which has led to the country becoming a net importer of electricity after decades of being a net exporter. The French electricity grid is at higher risk of strained power supplies in January 2023 than previously estimated due to lower nuclear power generation.
The country could face the risk of power cuts this winter when electricity supply may not be enough to meet demand, Xavier Piechaczyk, the head of grid operator RTE, said earlier this week.
In Germany, the situation is similar, as utilities are having to make do with no Russian pipeline gas supply.
Switzerland’s power supply remains uncertain for the winter and troubles with enough electricity capacity cannot be ruled out, the Swiss Federal Electricity Commission, Elcom, said as early as in June. Due to the expected lower availability of French nuclear power generation and of France’s power exports to Switzerland, the Swiss imports of power generated in France is likely to be much lower this winter compared to previous winter seasons, Elcom said.
Therefore, Switzerland may need to cover its electricity import needs of around 4 gigawatt hours (GWh) from imports from its other neighbors Germany, Austria, and Italy.
As someone born in the 1940’s I truly believe what is being done to our young people today should be against the law and those pushing this agenda should be jailed.
‘The UK Independent has been spreading climate and energy misinformation for decades. The daughter of the Independent’s founder is a “climate activist” and is married to Boris Johnson.’
Every year I purchase a new Diary calendar for my desk. Last year I was able to purchase the type I personally like at one of the stores here in town. This year not so. So, online I went looking for the type of calendar that I like. I found one and ordered it. It arrived the other day and after unwrapping it the first thing I noticed was where it was made.
Now, I am saying all this because the politicians are heading Australia and the West into slavery. They are consumed with CLIMATE CHANGE and RENEWABLES that there is very little made in our own countries. Walk through any hardware store and see where most of the products are made!
One doesn’t have to be a Climate scientist or a scientist at all to know that this climate change mantra is a religion. Just as evolution is a fact for most so climate change is becoming a fact as well! Neither is true but the masses who are too busy working or whatever else they can do to forget what is truly happening go right along with the LIES!
The truth is that God the Creator is in control and told those who would read and believe that While the earth remaineth, seedtime and harvest, and cold and heat, and summer and winter, and day and night shall not cease Genesis 8:22. Just as Cain couldn’t physically do harm to God he took out his hatred on his own brother Abel. That’s what these anti-God politicians and corporate woksters are doing with this climate scam. They have installed themselves as GOD! They can make laws that will change the climate.
Well, someday there will be a REAL CLIMATE CHANGE!
Revelation 6:12-17 And I beheld when he had opened the sixth seal, and, lo, there was a great earthquake; and the sun became black as sackcloth of hair, and the moon became as blood; 13 And the stars of heaven fell unto the earth, even as a fig tree casteth her untimely figs, when she is shaken of a mighty wind.14 And the heaven departed as a scroll when it is rolled together; and every mountain and island were moved out of their places.15 And the kings of the earth, and the great men, and the rich men, and the chief captains, and the mighty men, and every bondman, and every free man, hid themselves in the dens and in the rocks of the mountains;16 And said to the mountains and rocks, Fall on us, and hide us from the face of him that sitteth on the throne, and from the wrath of the Lamb:17 For the great day of his wrath is come; and who shall be able to stand?
My advice to these political despots and the corporate wokesters is to respond by faith to what we are told in John 3:36 He that believeth on the Son hath everlasting life: and he that believeth not the Son shall not see life; but the wrath of God abideth on him.
‘The Central Bank of Nigeria announced it will begin, effective in January, restricting cash withdrawals from banks and ATMs to just $45 per day as part of a push to move the country toward a cashless economy.
