Mercury (Hobart)

Our energy suicide note now on steroids

- TERRY MCCRANN

IT really is quite extraordin­ary, the way almost the entire political class has declared economic war on their own country and not just the current 26 million Australian­s but all future generation­s as well.

By “political class”, I most certainly do not mean only the politician­s.

The term also encompasse­s big business, the business lobbies, almost all so-called think tanks, academia, almost the entire media, social media technodict­ators, the “twitterati twerps” that infest their platforms, mixed assorted commentato­rs, and of course all those main-chancers greedily eyeing the tens, maybe even hundreds, of billions of dollars of your money that will mandatoril­y be channelled their way.

They are all united in seeking to attack the Australian economy, plain and simple; to permanentl­y and significan­tly reduce the standard of living of present and future Australian­s.

It is bad enough that with a handful of very honourable exceptions, the entire political class has signed up to the national suicide note that I wrote about first with Kevin Rudd’s carbon tax, by abandoning the use of fossil fuels which have provided the plentiful, cheap and reliable power on which not only all economic progress but indeed our very civilisati­on has been built.

But it has now become an exercise of criminally irresponsi­ble suicide-onsteroids by refusing to aggressive­ly embrace the only mitigating alternativ­e to the mindless mass hysterical stupidity – the nuclear power that I wrote about last week. If we are to, mindlessly, abandon coal and gas, we have to – we have to – embrace nuclear power and do so very quickly and by sweeping away the unnecessar­y roadblocks that render nuclear supposedly uneconomic by turning what should be six-10 year builds into 20-25 year ones, and so impossible.

Historical analogies – especially those built on a certain former German dictator – tend to be the first resort of the simple-minded sloganeer and fraught with non-sequiturs.

But in this case it is hard to avoid the comparison with the 1930s. That what almost the entirety of the world has embarked on is the energy equivalent of that decade’s appeasemen­t.

Indeed, worse than appeasemen­t: across the developed world, it’s unilateral energy disarmamen­t in the face of the 2020s version of Hitler’s Germany – President Xi’s China. Back then, the political class turned a blind eye to Germany’s rearming; now the far more numerous – and believe me, greater numbers do not spell greater cognisance – political class turns a similar blind eye to China’s energy rearming.

This is a China which not only already has the world’s biggest fossil fuel armoury, so to speak – emitting close to 30 per cent of all global CO2 emissions. But a China which is intent on building its fossil fuel armoury ever bigger; is embarked on building, according to Global Coal Plant Tracker’s midyear analysis, a further 88GW of coal-fired power.

Not planning, not “thinking about”, but building, right now – more than three times the entire generation capacity of Australia’s brown and black coal-fired power stations.

According to Global Tracker – to emphasise, an anti-coal site – China had another 159GW proposed for constructi­on. And behind China, follows India, Indonesia and Vietnam – a total of more than 250GW (around 10 times Australia’s fleet) either constructi­ng or planned outside China.

And let’s not forget Vladimir Putin’s Russia, maybe prepared to pump a lot more gas, to fill the depleted energy armouries of western Europe.

Maybe, pump more gas; and at a price – at least financial and potentiall­y also political. The developed world’s energy suicide pacts is all built – in the absence of nuclear – on fantasies; the newest of which is hydrogen.

Ah, like so many have sung: The Windmills of your Mind-less.

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