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Tag Archives: australia
The Party’s Over For Australia’s $5.6 Trillion Housing Frenzy
The Party’s Over For Australia’s $5.6 Trillion Housing Frenzy Early this month, we discussed whether the world’s longest running bull market – 55 years – in Australian house prices had come to an end. This was UBS’s view following the October 2017 monthly report on Australian house prices from CoreLogic suggested that measures to tighten […]
Australia, energy storage and the Blakers study
Australia, energy storage and the Blakers study Roger Young’s recent post focused on the question of whether the energy storage requirements listed in Prof. Andrew Blakers’ study “100% renewable electricity in Australia” were realistic, but at the time no hard numbers on exactly how much storage Prof. Blakers’ scenarios would require were available. I have […]
PBOC’s Zhou Warns Of “Sudden, Complex, Hidden, Contagious, Hazardous” Risks In Global Markets
PBOC’s Zhou Warns Of “Sudden, Complex, Hidden, Contagious, Hazardous” Risks In Global Markets Just two weeks after warning of the potential for an imminent ‘Minsky Moment’, Chinese central bank governor Zhou Xiaochuan has penned a lengthy article on The PBOC’s website that warns ominously of latent risks accumulating, including some that are “hidden, complex, sudden, […]
Former Prime Minister Howard assumes US shale oil will provide for China’s oil demand growth
Former Prime Minister Howard assumes US shale oil will provide for China’s oil demand growth Australia in Today’s World – some observations from former PM John Howard https://aiiansw.tidyhq.com/public/schedule/events/16630-australia-in-today-s-world-some-observations-from-former-pm-john-howard John Howard was happy to report that Chinese GDP growth is 6% and that a great future lies ahead for Australia. In Q&A I asked him: “Are […]
100% renewable electricity in Australia
100% renewable electricity in Australia Guest post by Energy Matters commentator Roger Young. Roger is a retired businessman from Australia who is concerned by the renewables free-for-all. The object of his post, which was originally submitted as a comment, is an academic study published by Blakers et al that claims Australia can become a 100% renewables […]
The Biggest Ponzi in Human History
The Biggest Ponzi in Human History Jean-Léon Gérôme Slave market 1866Here’s the story in a nutshell: Ultra low interest rates mark a shift away from people’s wealth residing in their savings and pension plans, and into to so-called wealth residing in their homes, which are bought with ever growing levels of debt. When interest rates […]
Australian Energy Policy – an open letter to the Prime Minister and the Leader of the Opposition
Australian Energy Policy – an open letter to the Prime Minister and the Leader of the Opposition In this post I publish an open letter submitted by seven retired Australian scientists and engineers to the Prime Minister and Leader of the Opposition in Australia (h/t to Jimbro). It captures quite succinctly many of the burning […]
Blowout Week 199
Blowout Week 199 Australia has rejected the Clean Energy Target proposed by Chief Scientist Alan Finkel in favor of an “affordable, reliable” plan, but has adopted Finkel’s recommendation that energy companies “must deliver a certain level of dispatchable power from ready-to-use sources such as coal, gas, hydro or batteries”. We follow with the Kurdistan conflict; […]
Australia’s east coast gas crisis will be permanent
Australia’s east coast gas crisis will be permanent Australia comes up with yet another grand energy policy in which gas is supposed to deliver dispatchable (peak) power. From the Prime Minister’s website: NATIONAL ENERGY GUARANTEE TO DELIVER AFFORDABLE, RELIABLE ELECTRICITY 17/10/2017 “….delivering more gas for Australians before it’s shipped offshore” Fig 1: Turnbull’s game changer […]
Climate Scientists Attack Tony Abbott’s ‘Misleading’ Speech to Global Warming Policy Foundation
Climate Scientists Attack Tony Abbott’s ‘Misleading’ Speech to Global Warming Policy Foundation Australian climate scientists have hit back at their former Prime Minister Tony Abbott, describing his speech to a London think tank as being laced with distortions, falsehoods, misrepresentations, and misdirection. Abbott told the contrarian Global Warming Policy Foundation (GWPF) that rising carbon dioxide emissions from […]
Financial Hell: 57% in Australia Cannot Afford An Extra $100 if Interest Rates Rise, Stress in Wealthiest Areas
Financial Hell: 57% in Australia Cannot Afford An Extra $100 if Interest Rates Rise, Stress in Wealthiest Areas A new study shows 57% of Australia mortgage holders could not handle a $100 increase in their loan repayment. Stress has turned up in even the wealthiest cities. But who is truly wealthy? Paper profits on homes with […]
An initial look at the Australian electricity grid data
An initial look at the Australian electricity grid data An Energy Matters contributor recently started to record electricity grid generation data from a published Australian source, giving us the opportunity to begin evaluating the performance of the Australian grid. This post reviews the limited amount of data (19.5 days) presently available. The reviews show that […]
Is Australian Government – Crossing the Line into a Totalitarian State
Is Australian Government – Crossing the Line into a Totalitarian State Behind the Curtain, there seems to be no government going completely nuts more so than Australia. They are doubling taxes on all foreigners who own property, which is a violation of international law, and then they made it a crime for a foreign to […]
How Twisted Minds Function
How Twisted Minds Function The economic theories arising out of Australia are both amusing and frightening. In the latest bit of madness, an economist pleads for more inflation, blaming cheap overseas retailers for Australia’s housing bubble. For mocking purposes only, please consider How Cheap Overseas Retailers are Pushing Up House Prices in Australia. “DOWN Down! Prices […]
