Nebraska, USA: A single hailstorm reduced a multimillion dollar solar park, consisting of 14,000 solar panels, into a pile of toxic debris within minutes—once again showcasing the costly and pointless nature of Net Zero.
“Boral boss Vik Bansal says spiking electricity prices and Australia’s patchy energy transition are prompting the country’s biggest cement, concrete and asphalt producer to temporarily halt manufacturing each day, leaving thousands of staff idle.
‘California utility regulators have just made significant changes to rules applied to the state’s rooftop solar market, saying that the moves will ensure solar-powered homes contribute their “fair share” to maintain the power grid.
The state has long led the nation in adoption of rooftop solar panels, and today more than 1.5 million California homes and other buildings have them. Under a decades-old program, people with solar panels can get paid by their power companies by sharing excess solar energy they don’t need, leading some solar homes to pay minimal electric bills.
That’s led to criticism that rooftop solar customers aren’t paying their fair share into the rest of the energy grid, which many still rely on for power when the sun goes down. Power rates also include things like transmission equipment and wildfire prevention work, and regulators approve a set amount of money that utilities can recover from customers.
Utilities and consumer groups have argued the incentive payments have unfairly favored wealthier consumers and harmed poor and low-income households. But solar companies and renewable advocates have said that lowering the compensation would slow solar installations and hinder the state’s goals to address climate change.
The proposal, which California utility regulators unveiled last month, will change a net metering policy by paying solar owners for extra power at a lower rate, which is determined by the cost the utility would need to spend to purchase clean power from an alternative source. The solar industry has said the plan would amount to a 75% cut in average payment rates to customers.
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.
‘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.
whatyareckon 