Tasmanian Times

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. No price is too high for the privilege of owning yourself. ~ Friedrich Nietzsche

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. No price is too high for the privilege of owning yourself. ~ Friedrich Nietzsche

Economy

Corruption that kills

*Pic: Flickr, David Blackwell: ‘Walking home one evening in 2074 Paul wondered about the scientific breakthrough reversing the effects of climate change and its impact on his beach condo investment’ …

“Mr Coal” Josh Frydenberg (Minister for Resources, Energy and Northern Australia), calculates that $3 billion subsidies to renewable energy amounts to a subsidy of $66 billion up to 2030. He claims he is removing subsidies to make ‘Renewables’ operate on a level playing field.

Unfortunately for Frydenberg the IMF has calculated Australia’s subsidies to the fossil fuel industry is $41 Billion per year amounting to $533 billion by 2030.

Corporations have, because of the growing treasure accumulating and the political power they have gained, plus annually some $6 trillion of subsidies are paid by world governments to keep the provision of a unit of fossil fuel energy, at an apparent but illusionary moderate price to the consumer.

“Coal is reliable and affordable,” but only if you do not count the $41 billion per year subsidies taxpayers give to Fossil fuel corporations on top of the power bill.

Coal creates air pollution that kills 11 million people each year. What dollar value would you put on that if one of those dead was someone you love?

This is real money which could be put into schools or hospitals. It is simply not economic to invest like this. This is the insanity of the situation. They are diverting investment from economic low-carbon alternatives such as solar, wind and hydro-power and they are undermining the prospects for an ambitious UN climate deal.

Shelagh Whitley, a subsidies expert at the Overseas Development Institute, said: “The IMF report is yet another reminder that governments around the world are propping up a century-old energy model.

Compounding the issue, our research shows that many of the energy subsidies highlighted by the IMF go toward finding new reserves of oil, gas and coal, which we know must be left in the ground if we are to avoid catastrophic, irreversible climate change.

To create a level playing field all fossil fuel subsidies must go.

The level of, misfeasance and corruption in the Federal and State Governments will someday soon be addressed by the courts as a matter of urgency. The High Court and Federal Courts, are the only judicial bodies with the constitutional authority to address executive levels of wrongdoing.

All donations to the LNP by Coal and Oil industry players must be traceable back to subsidies received out of taxpayers funds. 16 years of the Iraq war has cost $6 trillion. Now we know the level of corruption and backhanders has reached $6 trillion every year all around the world.

*John Ward is Managing Director of Workplace Transformations Pty Ltd. His Work Background: Wool Classer; Australian Army Medical Corps; Civil Defence (SES) Darwin, Northern Territory. Middle Manager Oil Refining for Royal Dutch Shell (Granville refinery). Union Secretary Association of Foremen and Supervisors; Industrial Relations and court appearances: Member of the Conciliation Committee of the NSW Chemical, Oil, Brewing, Soap and Detergent and the Metalliferous Mining industries. NSW Public Service, Research in Employment Development and Training. Establishing Employment and Industry Development Schemes in NSW. I have extensive experience in project management, administrative services and team building. I have held the position of Deputy Director, Industry and Regional Policy Branch of the NSW Department of Industrial Relations and Employment. Served as Secretary of the Employment Advisory Council (EAC) NSW Ministry of Employment. I also have wide experience in workplace training & workplace reform and industrial relations in the oil, food, sugar, iron and steel, mining, power, manufacturing, chemical and construction industries.

4 Comments

4 Comments

  1. Keith Antonysen

    February 8, 2018 at 10:33 am

    In July last year, Larson C ice sheet shed 5,698 square kilometre of ice. Scientists, working in the field have discovered that the Ross Sea Ice Shelf may not be as safe as once thought.

    Quote:

    “Our basic understanding is that seawater circulates through the cavity by flowing in at the sea bed as relatively warm, salty water. It eventually finds its way to the shore – except of course this is a shoreline under as much as 800 metres of ice. There it starts melting the shelf from beneath and flows across the shelf underside back towards the open ocean.”

    And:

    “Our new data indicate an ocean warming compared to the measurements taken during the 1970s, especially deeper down. As well as this, the ocean has become less salty. Both are in keeping with what we know about the open oceans around Antarctica.”

    https://theconversation.com/climate-scientists-explore-hidden-ocean-beneath-antarcticas-largest-ice-shelf-90006

    Scientists have already found the huge ice sheet off Pine Island to be unstable, as is the case of the Totten Glacier of Eastern Antarctica. Grounding lines of ice sheets have already been discovered to be moving towards the coast.

    Oceans were recorded as being the warmest ever recorded in 2017.

    There is a large number of cities along coast lines, the costs of those cities being hit initially by storm surges, and later sea level rise, make Frydenberg’s comments about appear silly.
    John, has already shown how Freydenberg’s comments do not match information from the IMF, or insurance companies such as Munich Re.

  2. Kim Peart

    February 8, 2018 at 11:37 am

    The font of this corruption is a simple miscalculation.

    We needed energy transition to the power of the Sun harnessed in space, which became possible in the 1970s, to assure human survival and future prosperity.

    The conservation focus on Earth alone is the killer calculation, which has only served give a green light to the fossil fuel industry to focus on the Earth as alone for power and wealth.

    If the conservation movement had helped drive energy transition in the 1970s, in the only way it was possible back then, the politics would have been entirely changed.

    Now we have a very serious carbon problem, which I can only see being fixed with the power of the Sun harnessed in space.

    See the section on ~ The Carbon Crisis ~ in my recent article ~ Rising to the Challenge ~
    https://stargategrid.forumchitchat.com/post/rising-to-the-challenge-5-feb-2018-9643421

    Comparing the difference in the CO2 level in the air between the last ice age and recent millennia, I am left wondering if the CO2 level passed in the 1990s was enough to melt the rest of the ice on Earth.

    That simple maths is like a hammer to the forehead, for anyone not in denial.

    Is that CO2 sum also telling us that the current rising level, shooting up fast since the 1990s, is all future heat?

    CO2 stays in the air for a very long time, and methane is being released from Arctic permafrost.

    Water vapour is also a greenhouse gas, and as the Earth gets hotter, that level goes up too, helping to heat up the planet, and providing water in the air for flash floods, and other storm events.

    Corruption kills, but so does inaction, when there is an identifiable solutiuon to a problem.

    The solution is still there, waiting.

    Our choice.

  3. TGC

    February 8, 2018 at 10:59 pm

    Hanrahan lives #1

  4. john hayward

    February 18, 2018 at 11:54 pm

    What sort of Liberal Party PMship aspirant would be so politically correct as to put the well-being of the planet above his personal career aspirations?

    Josh has spent his life in pursuit of a political gold medal and he’s not about to abandon his dream for an environment with no votes or voters yet unborn.

    John Hayward

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top