Zero emission price | Central Queensland today
I haven’t been to a fancy restaurant in a while, but before I had 5 kids I was trying to impress my wife by going wild.
I hated the places they brought you the menu and there was no price on it. I would have a grim feeling that I probably can’t afford it.
As a general rule, you should never buy something that the seller will not tell you the price for.
There are a lot of people right now who want to sell Australia on the idea of net zero emissions. Almost none of them tell us what the cost would be. How many jobs would be lost? Will we still be exporting coal? Can I still drive my V8? You cannot get a direct answer to any of these questions.
Fortunately for us, we are not the first on the road to the net zero garden.
The UK has passed legislation to reduce net emissions to zero, and it’s not going well.
Until recently, the UK was self-sufficient in oil and gas thanks to the North Sea oil fields. But in accordance with their net zero goal, they are no longer developing this resource and they have banned shale gas.
They also decommissioned their coal-fired power plants and built many wind turbines in their place.
This week, a headline on a major news site reported “Tipping point: UK in crisis as fuel and food shortages lead to violence”.
The UK is running out of energy due to a wind drought and reduced gas supplies from Russia. Due to its net zero policy, the UK has become dependent on Vladimir Putin for gas and some suggest the Russian government may have artificially created gas shortages.
This has led to a surge in electricity prices in the UK.
Andrew Large, Chairman of the British Energy Intensive Users Group, said: “This is potentially catastrophic. We are already witnessing plant closures at a time of the year when it is still hot and domestic heating is weak. Fast forward two months and it could be an acute attack. “
High energy prices have led to the closure of CF Fertilizers, which supplies around half of the UK market.
This is now causing food supply chains to freeze and lead to panic shopping in UK stores.
UK Small Business Secretary Paul Scully tried to stop people from stripping supermarket shelves by saying, ‘Look, that’s not a 1970s thing at all … people come out and panic to buy. “
It all sounds a bit like the early days of the coronavirus pandemic. We don’t know if Covid was man-made, but net zero emissions would create a human shortage of commodities and drive up the price of everything.
Each cow emits about 2.3 tonnes of carbon dioxide equivalent per year.
CSIRO estimated last year that to achieve net zero emissions by 2050, we would need a carbon price above $ 200 per tonne. This means that a 1,000 head breeder would cost $ 400,000 per year on the carbon bill.
Who is going to pay for this? It will be paid by you, at the self-service checkout, at your local Woolies. You will need to use your PIN each time, as any of your stores are unlikely to be under $ 100. Maybe the supermarkets will have to follow the fancy restaurants and not publish their prices.