Viv Forbes. A modern mania

Every society seems destined to suffer at least one episode of crowd madness.

They range from the Dutch Tulip Mania in 1636, the British South Sea Bubble in 1720, hyper-inflation in the Weimar Republic in 1923 and in Zimbabwe in 2008, bank failures, booms and depression, and evil eras of murderous madness like those of the Bolsheviks in Russia, the Red Guards in China and Pol Pot in Cambodia.

Today we have a modern madness, less dramatic but more insidious, which is affecting the affluent West. It is the phobia about hydro-carbon energy which is now being blamed for every natural disaster, and the parallel religious worship of everything “green”.

“Green Energy” is a relic from a bygone era when most people lived or worked on farms and relied on animal power, windmills, sailing ships, solar energy and biomass. Subsidising, mandating and promoting its use in modern urbanised industrial society is a con-trick worthy of the shady salesmen of past manias.

Weather-dependent “Green Energy” may suit remote or stand-alone applications, but is unreliable and destabilises electricity grids. It is destroying Australian industry and jobs and harming consumers, while disfiguring the landscape and having no measurable effect on global temperature.

Manias always end badly. Suffering electricity consumers forced to endure the costs of its unreliability will eventually revolt and we will abandon this modern “Green Energy” mania.

But as Churchill said: “How much greater the cost, for each day’s delay.”

Viv Forbes

Viv Forbes is Executive Director of the Saltbush Club. He is an applied science graduate with a lifetime of experience in exploration, mining, farming, grazing, weather-watching, politics, lecturing and investment analysis.

This entry was posted in Global warming and climate change policy, Guest Post. Bookmark the permalink.

15 Responses to Viv Forbes. A modern mania

  1. Exit Stage Right

    Spot on Viv.
    We need to investigate the Pollies that have invested in this madness. They must all have money tied up in it. Surely they can see what the rest of us can see

  2. shady

    And when the “Green Energy” mania is finally abandoned you won’t be able to find anyone who will admit to supporting it.

  3. John Constantine

    It is all transnational totalitarian crony looting cartels.

    Green energy is just todays excuse to go looting.

    They will seamlessly switch to the next excuse to continue looting as fast as they switched from global warming to climate change.

    Comrades.

  4. Pyrmonter

    Hyperinflation doesn’t spring from ‘mania’ – it flows from the unrestricted creation of fiat currency.

  5. Hay Stockard

    So true. Follow the money though.

  6. Dr Faustus

    Suffering electricity consumers forced to endure the costs of its unreliability will eventually revolt and we will abandon this modern “Green Energy” mania.

    Unfortunately for the suffering electricity consumers, there is no revolutionary, easy road back to pre-2014 conditions. As well as the value destruction caused by deliberately turning away from reliable power, the lead-time and expense of rectifying the situation is now baked into Australia’s economy.

    At soonest, any prospect of new coal-fired generation is 7 years away; nuclear 20+ years.

    Still, on the upside, after two or three terms of an ALP/Green clown circus, a third world power system will be low down the list of Australia’s worries.

  7. mem

    More Madness
    “Consumers could be paid for reducing the amount of electricity they use to help the grid during peak demand in an industry change being considered by the market’s rule maker.The Australian Energy Market Commission is taking late submissions to the rule change, which is so far supported by the market operator, the consumer watchdog and the South Australian government.

    But energy giants are opposed to the suggestion, with EnergyAustralia arguing retailers are best placed to deliver demand response to their customers.

    “A demand response aggregator is likely to create inefficiencies and costs within the market that will be borne by customers,” its submission says.

    The Australian Renewable Energy Agency trialled demand response over the summer of 2017/18, finding that it creates a reliable source of capacity in wholesale markets under certain circumstances.

    ARENA says the move could help prevent summer blackouts, envisaging households receiving a discount in their next bill or a cash bonus for reducing power use.

    The rule change was requested by the Public Interest Advocacy Centre, Total Environment Centre and the Australia Institute.

    A decision is expected in the middle of the year.

    The Australia Institute’s energy policy expert Dan Cass says reducing peak demand will help the grid operator and electricity networks provide a reliable supply.

    “Demand response is cheaper, faster and more popular than building new generation to cope with peak demand pressures,” he said.

    “If the federal government is serious about underwriting reliable supply at the cheapest cost and getting it done quickly, then demand response will be part of the solution.”

    Meanwhile, a new report shows that households in Queensland, NSW, Victoria and SA could save hundreds of dollars each year if the government introduces a regulated retail price.

    The joint report between the Australian Council of Social Service and the Brotherhood of St Laurence found that about half of Australia’s households could save $300 to $420 a year under a “fair” regulated price.

    Investing in energy efficiency and rooftop solar are other effective ways for the government to help reduce power bills, the report found.”

  8. min

    Would refurbishing Hazelwood take 7 years? Maybe that’s the way to go initially.

  9. John A

    mem #2924940, posted on February 4, 2019, at 12:00 pm

    “Demand response is cheaper, faster and more popular than building new generation to cope with peak demand pressures,” he said.

    “If the federal government is serious about underwriting reliable supply at the cheapest cost and getting it done quickly, then demand response will be part of the solution.”

    That is, stop substituting electric energy for biological energy and instead go back to doing more on your own.

    Translation: work harder, work dumber, sweat more.

  10. Iva Right

    Bring on the next election and let the destruction begin! Until the electorate feels pain these idiotic green and social schemes will continue to prosper.

  11. When “demand response” doesn’t stop the blackouts, that will be deemed a “market failure”.

    Then there’ll be a “regulatory solution”.

    Rationing here we come.

  12. gbees

    I have a very intelligent, smart Dr. friend who is very much across scientific research. He thinks Adani will destroy the reef and that the stuff (steam & CO2) that comes from the stacks from a coal-fired powers station is worse than from a nuclear accident. Such is the successful brain washing over the past 30-40 years or ‘normal’ people.

  13. Dr Faustus

    Would refurbishing Hazelwood take 7 years? Maybe that’s the way to go initially.

    Not really an option now, min.

    Hazelwood was completely decommissioned last June, and the associated mine decommissioning/rehab is in full swing.

    The power station is presently being prepared for demolition – due to start in April IIRC.

  14. chrisl

    Every generation puts a hero on the pop charts ie a cause

  15. In terms of who is benefitting from the renewables scam, you don’t have to look far, Wentworth and Singapore

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