Wednesday, December 14, 2011

AGW - Running out of time and support.....

oops
Have you ever been so engrossed in your work that you are oblivious of your surroundings? It frequently happens to Wile E. Coyote of Looney Tunes fame. Poor coyote doesn't realize he is not supported by anything until, well....until he realizes it, then it's too late.

So it is with the people that brought you the global warming catastrophe and how to prevent it, the IPCC. Their recent meeting in Durban South Africa is over now, and to hear and read their reports, the planet has been saved for our children and so on. Well, if I were them, I'd say its time to look around for their support if they can find it.

Last year at Cancun, that climate conference "kicked-the-Kyoto-can-down-the-road." This year, the Kyoto Accord is being abandoned, kicked out, as it should be. Canada, an early adopter of Kyoto back in 1997, is one of the first to dump it, saying that it would do so this week. Russia and Japan are also not renewing their Kyoto vows. The US was never part of it, and China and India were excused because they had a "note" that stated they are underdeveloped. Right. Who's left? Europe, and they are in good shape, aren't they?

In fact climate change has become money exchange, and really it has always been just that. The battle to save the world from impending climate doom has really morphed into the something the South African hosts called, "Climate justice." And Climate justice is a euphemism for taking from rich countries (that produce wealth and a byproduct called CO2) and giving to poor countries (that can only produce shit apparently). Giving how much? How about $100-Billion a year to expiate our guilt for working hard, establishing good trade rules, and having a descent standard of living. That's right, the whole Durban thing ended with an agreement to keep the Kyoto idea alive by "promising to fund a Green Climate Fund to the tune of $100-billion per year as a farewell gift ............to appease their own citizens."

I am not appeased, but unfortunately Canada has signed on to this fund. The good news is that few agreements of this sort are ever honoured. This article in the National Post suggests that the $10 Billion fund to help save Haiti, (remember that?) is still owing. The rest of the "deal" signed in Durban pushes everything significant off to 2020. What is saved for now, is the next conference in Qatar. Most of today's politicians will be long gone by 2020, and if nothing significant happens that can be pinned onto climate change or global warming, well, the rest of us will forget about it too. Can't happen soon enough.

Saturday, December 10, 2011

Unintended Consequences - Schiff Radio

Why does post-secondary education cost so much? Why is poverty increasing if it is always being so actively fought? Why is there so much unemployment despite so many attempts to reduce it? Why do disabled people have difficulty finding jobs?

There is a common thread here, and Peter Schiff does a pretty good job of explaining the 'whys'. Have a look....


Thursday, December 8, 2011

Jolly Green Gouging

There are few things more annoying than being billed for services or items never ordered or never wanted. The hassle of calling the biller, claiming ignorance of the charge, then asking for it to be removed always feels a bit like claiming innocence in a courtroom.

This past week consumers of electricity and taxpayers in Ontario, were told by the provicial Auditor General, that they are being gouged for services that very few of them would have chosen voluntarily. Unfortunately, there is no biller to call, the corrective 'fix' will not be simple, and the rip-off of Ontario's consumers will continue into the foreseeable future.

"Billions of dollars of new wind and solar power projects were approved without many of the usual planning, regulatory, and oversight processes....While this helped these projects get off the ground quickly, their high cost will add significantly to rate-payers’ electricity bills in the future.” That is from a media release by Auditor General Jim McCarter from his 2011 Annual Report.

In another media release, Jim McCarter points out that:“Because we all use electricity, and because the sector operates in a near monopoly, effective oversight...........has historically been crucial.” No kidding, and of course the Auditor's office is the last resort for oversight. You might wonder why the haste in getting these projects going, why skip over planning, consultation etc.? Never does McCarter suggest a reason for the haste and lack of oversight, because at the heart of his report he really does support and depend the government.

So what drives the decision making of the Ontario government because they will ignore this report? I suggest you spend a few moments listening and watching this short video. In it, David Suzuki hero of environmental concerns, clues us all in to whom he has been talking to about Ontario's new green energy future. What's most interesting is Suzuki's concern for sound economics, and how he uses Europe as the model for our green future; the video is slightly dated. Well, we all can see what's happening to Europe today, and the McGuinty Liberals are doing the same sorts of things right here in Ontario.

McGuinty and his Liberals have swallowed hook-line-and-sinker, the idea that humans are the cause of global warming, and Ontarian's in particular. Under the direction of the Premier, cheap coal fired thermal generation stations have been, and are being closed across the province and replaced with costly and uneconomic wind and solar power. Programs like the FIT and MicroFIT are being used to prop up these alternative sources of energy, all at huge cost, according to the Auditor's report.

In an editorial this week, the National Post pulls no punches in lambasting the McGuinty Liberals for its failed energy and environmental policy. Libertarians are frequently criticized for their ideological bias in politics and economics. This of course is a bit like criticizing a tiger for eating meat. No one in the media dares call the Liberal government ideologically driven, no-siree, but of course it is no less ideological than are Libertarians. Spend a few minutes listening to McGuinty's mentor Suzuki, then tell me there is no ideology there.

Strangely, on the same day as the Auditor's report, our Federal Conservative government has decided that it will not renew its commitment to the Kyoto Protocol. Ontario seems to be going one way, while the Feds are going the other. Why is Ontario being burdened with huge costs from a monopoly service determined to cut carbon emissions, while the rest of the country seems to be ignoring the issue? Why are the citizens of Ontario being gouged in their monthly electricity bills? Why has McGuinty not yet resigned for incompetence? It's not too late.