The ASX200 is the Australian benchmark for investment returns, if you’re not matching it many people will ask why you even bothered.
The Clean Energy Finance Corporation “invests” your taxes into pipe dream “renewable” projects. We’re told that these investments are some of the best things in finance, in reality I think they are a scam.
My question was simple, if the CEFC is making such good investments, why would putting money into the ASX200 have made a 22% better profit over the last 10 years?
Click here for Transcript
Senator Roberts: At the last Senate estimates, I submitted some questions on notice asking for how the returns for wind and solar investments compare to other financial investments or benchmarks. The CEFC answered very vaguely and essentially said, ‘Depends.’ The number for that question and response is SQ23-000642. In your annual report, you are happy to tout a percentage but not in your answer to me, apparently. In your report you say, since the Clean Energy Finance Corporation’s inception you have achieved an annualised return of 4.48 per cent, which adds up to 55 per cent in total over 10 years. The ASX 200 over the same period has returned 67 per cent. That’s 27 April 2012 to 20 May 2023. An investment in the Australian benchmark would have returned a 22 per cent better profit than the Clean Energy Finance Corporation. Why are your investments in supposedly clean energy, which is not clean—just have a look at what happens when heavy metals out of abandoned solar panels get into the water supply or oil from a malfunctioning wind turbine leaks into the ocean—so poor compared to the Australian benchmark?
Mr Learmonth: There are a few things in there. Firstly, that 4.48 that you refer to doesn’t just cover renewable energy of wind and solar, if that’s what’s going to be in your sights; it covers the whole portfolio, and that’s everything from green bonds, loans to industrial companies to reduce emissions, technology investments with venture capital, limited partnership interests in funds in sectors like the built environment, agriculture and infrastructure. So it’s very, very broad. You can’t possibly hone it in just around wind and solar.
The other thing I would note is you’re making the point that our returns appear inadequate or are below what other commercial benchmarks should be. The CEFC’s capital is about driving policy outcomes as well as making appropriate return, so it’s about decarbonising the electricity sector. It’s about fuel switching and energy efficiency. In many cases, we may make a below-market return because that’s what’s needed to bring a project online or take a technology down a learning curve. So I don’t think you can use those very sweeping references to apply to the CEFC.
Senator Roberts: Let me interpret that. You’re saying that the subpar performance is a cost of subsidising government policy objectives?
Mr Learmonth: I wouldn’t put it like that. I would say that if you felt that we weren’t reaching some kind of commercial benchmark, that’s probably a reflection of the way that we are using our capital to deliver on the policy objectives of the CEFC. But, equally, we are a lender. Today 70 per cent, broadly, of our portfolio is debt. So you can’t compare it to an index like the ASX or some ETF or whatever it might be, because a secured loan is a relatively low yielding investment compared to putting money into a technology company where you might expect 25 per cent. So, again, I don’t think we are comparing apples with apples.
Senator Roberts: That’s fair enough. I’m asking for more details, because the response to the question on notice was not detailed and not respectful, in my opinion. It was very vague.
Mr Learmonth: I’m happy to provide you with more information around that and break it down by sectors to demonstrate that and give you a bit more background to the return, the 4.48 that you refer to.
Senator Roberts: Can you take that on notice?
Mr Learmonth: I can do that, very happily.
Senator Roberts: Perhaps something else you could take on notice is: why should Australian taxpayers be giving you the extra $20.5 billion Labor has given you in this budget, given you are not even close to the Australian benchmark. You can explain why you’re not close to the benchmark. That’s fair enough. But why should the Australian taxpayers be giving you an extra $20.5 billion?
Mr Learmonth: I can start, and I’m sure others may have views on this. The money is being appropriated and delivered to the CEFC to help deliver on some very defined policy objectives, like Rewiring the Nation, like Household Energy Upgrades and, thirdly, investing in growing technology companies here in Australia. We were proven to have done a very good job over the last 10 years on investing, lending and using capital to achieve these environmental outcomes. One can only assume that’s why the government was prepared to back us into doing more.
Senator McAllister: Senator Roberts, obviously you fundamentally don’t believe that it is necessary to reduce carbon emissions.
Senator Roberts: I know so.
Senator McAllister: It is a difference of opinion between you and the Australian government. As I understand it, it is also a difference opinion—
Senator Roberts: Minister, you have repeatedly failed to provide the evidence for your policies.
Senator McAllister: between you and the opposition, as I understand their policy.
Senator Roberts: I think the opposition wouldn’t agree with me.
Senator McAllister: Putting that to one side, having agreed that our policy is to reduce Australia’s emissions, we therefore have to look at the policy levers that are available to us. One of the very successful levers, in my opinion, in the Australian landscape has been the CEFC. It is a different model to one that might conventionally be adopted using grants or direct funding to proponents, and instead seeks to increase financial flows into the clean energy sector, as Mr Learmonth has explained to you. It is one of a number of tools that the Australian government seeks to use to drive investment in the clean energy sector, and it has met that objective.
Senator Roberts: I understand that, but, repeatedly, you have failed to provide the specific effect of human carbon dioxide on any climate factor—temperature, storms, rainfall. You’ve repeatedly failed to provide that basis for policy. The whole thing is just running on fluff.
Let’s continue the questions. I asked you on notice at the last Senate estimates if you had done modelling on what percentage of your returns are attributable to government subsidies and policies. Your answer to me was ‘yes’, as part of your due diligence. It is question No. 2 from the question on notice that I asked before. Question No. 2 says: Have you done any modelling or investigation to find what percentage of these returns are attributable to government subsidies or policies?
Your answer was: All revenue streams are taken into account as part of transaction assessment and due diligence. So your answer to me was to say yes, as part of your due diligence. Given you’ve done that analysis, what percentage of returns for investments are attributable to government subsidies and policies?
Mr Learmonth: I’m just trying to understand your question, Senator. Our returns come from using government dollars—taxpayer dollars—that are either lent or invested by the CEFC. Therefore, using those dollars, we either receive interest or dividends, or, potentially, we might sell an equity investment and make a gain. That’s where our revenue comes from. When you ask what percentage of that is coming from government subsidies, all our capital is coming from the government. All our returns come from the deployment of government capital. I’m just trying to understand what you mean by ‘subsidies’ there.
Senator Roberts: Do you get a return on your investment?
Mr Learmonth: Absolutely—
Senator Roberts: So what percentage—
Mr Learmonth: You inquired about it earlier, and that’s correct.
Senator Roberts: Right. So what percentage of that is due to government subsidies?
Mr Learmonth: Again, I don’t quite understand your question because all our capital is provided by the government. Someone might say, ‘Well, that’s not really a subsidy, it’s a provision of capital from Treasury.’
Senator Roberts: Accept that.
Ms Learmonth: Therefore, we’re not the recipients of subsidies. I might see if my—
Senator Roberts: Let me—
Chair: Mr Learmonth, I wonder if you could, in a very pithy fashion, outline the kind of organisation you are and its intent, because I think the senator has misunderstood that.
Senator Roberts: Perhaps I could clarify something: what part of your returns from your borrowers enables them to succeed because of government subsidies? They wouldn’t have provided a return without those subsidies.
Mr Every: Are you thinking about matters such as the large-scale generation certificates, which the Renewable Energy Target—
Senator Roberts: No, I’m not thinking about that. I’m thinking about the actual return—the income that a person who is the borrower of your money, or our money, is able to make because of subsidies for solar and wind. Without those subsidies, would you have got a return?
Mr Learmonth: Oh, so you’re referring to, say, a household subsidy for having solar panels, for example—
Senator Roberts: More to the point: you don’t lend to households, I take it?
Mr Learmonth: We do via intermediaries; we actually do. We use—
Senator Roberts: But most of your lending is to large—
Mr Learmonth: Yes, a substantial portion is to large projects, large companies. That’s part of it, but we also use intermediaries and partners like large Australian banks, for example, to provide mortgages for people to stimulate people to make their houses more energy efficient or to buy a more efficient home. They might access a green mortgage, so there’s a very broad range of borrowers. They pay back the loans out of the money that they’re generating in their business. That might be a small manufacturing company, it might be an agricultural company, or it might be a solar farm. Whether they are entitled through their businesses to subsidies, discounts or benefits through state and federal governments, one can only speculate about that.
Senator Roberts: Your mission and values say that the Clean Energy Finance Corporation is a specialist investor with a deep sense of purpose to invest as Australia’s green bank to help achieve our national goal of net zero emissions by 2050. How many of your borrowers make a return because of government subsidies for solar and wind? In other words, without those subsidies, you would not be getting a return.
Ms Learmonth: I’m not sure about that. Let’s talk about a solar or wind farm. We may lend them money to help them build out the generation plant, the wind turbines, the solar panels, for example. They either sell the electricity into the spot market, or they might have a contracting arrangement, so they generate income through that. Yes, a large utility-scale renewables project will also receive a generation certificate, a renewable certificate, which traces its way back to a different government policy, the RET, Renewable Energy Target, so some component of the income of a renewable energy project does come through a former government policy. But the majority of income comes from the sale of those electrons either to someone who wants them or into a market like the NEM spot market. They make that money, and, if we’re the senior lender, we’re the first person they’ll pay. They’ll pay us back interest and principal through those revenues.
Senator Roberts: Do you have any idea why, when we’re told that solar and wind are now the cheapest form, we still need subsidies?
Mr Learmonth: We know that wind and solar, based on the cost of it and what they can produce, is today the lowest cost of energy.
Click here for Transcript
Senator Roberts: You told me in the answers to questions on notice that you’ve done the analysis. Now you’re telling me that we can only speculate on what those businesses are receiving in terms of subsidies that contribute to your returns. What is it?
Mr Learmonth: I guess I’m just trying to use some examples to try and flesh out what you mean by subsidies. Are they subsidies that are being provided to our borrowers?
Senator Roberts: Yes. You understand their money streams. What is the proportion of subsidies in there? In other words, the government is paying to help you get a return on your loans.
Mr Learmonth: In some cases there are companies we have lent to that are recipients of state government benefits. And for some reason they might—
Senator Roberts: The point is you’re investing in something that needs subsidies to survive, so we’ve got the government giving money under a loan and then relying upon other subsidies, from the same taxpayers—maybe state, maybe federal—to get a return back.
Mr Learmonth: Just in terms of wind and solar, even if you backed out the subsidy around the generation certificate, they would in most cases still be able to pay their debt. We don’t come up with the subsidies. We are there looking at projects and companies—
Senator Roberts: I’m not accusing you of coming up with the subsidies. I’m saying that your borrowers cannot pay it back without those subsidies.
Mr Learmonth: I don’t think that’s right.
Senator Roberts: Could you give me the figures that show that, please? You’ve said you’ve got the analysis.
Mr Learmonth: The only borrowers that we have where a part of their direct revenue source or generation may have some form of government subsidy is probably wind and solar, because they are recipients, but there are other ones that have no government subsidies.
Senator Roberts: Let’s move on to something that’s associated, because you don’t know the income streams. I also asked you in Senate estimates, on notice, what the risk to wind and solar investments was from a change in government policy. You didn’t answer what the risk was. You just said that you have assessed the risk, like any prudent investor.
I asked: Political risk is one of the most basic elements of a assessing a business case. What is the risk to wind and solar investments if the government were to abandon their net-zero policy? Which some jurisdictions around the world are discussing right now. The answer I got was: The question is a hypothetical but suffice to say, like any prudent investor, the CEFC undertakes due diligence into risks to any revenue stream, and structures its investments to ensure that it is not unduly exposed to risk, including policy risk. If you have assessed the risk, what is the risk?
Mr Learmonth: What is the risk of a government abandoning—
Senator Roberts: Financial risk—what is the risk to your loan?
Mr Learmonth: It’s hard to speculate. We would look—
Senator Roberts: But you’ve assessed it.
Mr Learmonth: Yes, because we would have looked at it and we would have gone: What sort of generation would this wind or solar farm produce? Do we estimate that power prices over the term of our loan—it might be five years; it might be seven years—will introduce some element of risk to those cash flows? And then we would have looked at whether or not our debt could be paid back. If a future government changed policies around net zero, it would take some while before that potentially would have any impact. I think it’s not a risk that we would be factoring into it, because we’re looking at the more immediate and realistic options.
Senator Roberts: You’ve said you’ve done your due diligence but you can’t put a handle on the risk. I put it to you that the government abandoning net zero targets would be catastrophic for your investments. Without targets, there are no subsidies, and the generators couldn’t produce a return and pay back the loan.
Senator McAllister: Senator Roberts, I think the problem with the line of questioning you’re pursuing with Mr Learmonth is that you assume that investments in the National Electricity Market are driven by subsidies, which you have not identified. All over the world renewable energy is increasing because of its technological advantages and because of the cost profile of alternatives—
Senator Roberts: Hydrocarbons after—
Senator McAllister: May I finish?
Senator Roberts: Yes.
Senator McAllister: Particularly where either the overall demand in an electricity system is growing or assets need to be replaced. I think you have repeatedly mischaracterised Mr Learmonth’s answers to you and then put the question back to him in a form that misrepresents the position he has just put to you. To be fair to the officer, he is doing a good job at describing to you the processes that the CEFC go through in examining investment opportunities.
Senator Roberts: Well, combining what you’ve said—
Chair: Senator Roberts, I’m going to have to make this your last question.
Senator Roberts: I’ll move on. I note that, as you said in those same answers, you don’t screen any investments for connections to political donations. Don’t you think that some basic due diligence is needed? Shouldn’t you be bringing it to the attention of the minister if you are about to give a company hundreds of millions of dollars and it has made a political donation?
Mr Learmonth: We undertake very significant due diligence on all our borrowers or investee companies. We would look at whether there was some overt political connection—
Mr Every: We’re actually required to under the AML/CTF laws, the anti-money laundering and counterterrorism financing laws. We are required to identify politically exposed persons, and that is part of the due diligence.
Senator Roberts: Senator McAllister, in response to your comments: the world has globally invested trillions of dollars—I think the figure may be $150 trillion, but I may be wrong on that—and the share of energy used on the planet from hydrocarbons has gone from 82 per cent to 81 over the last 10 to 20 years, despite trillions of dollars going into solar and wind.
Chair: I’ll take that one as a comment.
Senator Roberts: Yes. It’s not a question; it’s a fact.
https://img.youtube.com/vi/jvGE1VZMw34/maxresdefault.jpg7201280Sheenagh Langdonhttps://www.malcolmrobertsqld.com.au/wp-content/uploads/2020/04/One-Nation-Logo1-300x150.pngSheenagh Langdon2023-05-24 17:23:202023-05-25 17:27:37Clean Energy Finance Corporation defends rubbish returns on wind and solar
Former Snowy 2.0 boss Paul Broad has just SLAMMED Bowen’s ‘transition to renewables’, calling it ‘bull***t’.
“The notion that you can have 80% renewable in our system by 2030 is, to use the vernacular, bull***t. The truth is, this transition, if it ever occurs, will take 80 years, not eight.”
Couldn’t have said it better myself, Paul.
Transcript
Ben: 17 minutes after 7:00. Well, we’ve said this line a number of times, don’t jump off the boat until you’ve reached the shore, and we say it about Australia’s dramatic switch to renewable energy. We’re switching off coal at rapid rates. The backup plan isn’t ready to go just yet. Take the massive hydro energy project, Snowy 2.0. It’s long been promised to store enough energy for 3 million homes. The project is disastrously delayed and over budget. The former prime minister, Malcolm Turnbull, said in 2017 it would be up and running by 2021. Now they’re saying 2029. It’s gone from a $2 billion price tag to 10 billion, including all of the linked transmission lines.
I wanted to have a chat to someone who knows about this backwards. His name is Paul Broad. He’s one of Australia’s leading experts on infrastructure. Now, Paul Broad was the CEO of Snowy 2.0 for a decade, but his tenure ended shortly after Chris Bowen became the federal energy minister. Paul Broad delivered Mr. Bowen some home truths about how the project was going. He was sent packing shortly after, or maybe he decided to leave. Paul Broad, the former boss of Snowy 2.0 is on the line. Paul, thanks for joining us.
Paul Broad: Thanks. My pleasure, Ben.
Ben: Did you leave or were you shoved?
Paul Broad: Oh, a bit of combination. The word was filtering down. In fact, I think when Bowen was elected, I was dead in the water, so it was only a matter of time. But I formally resigned.
Ben: Why were you dead in the water? What was it that was such a sticking point between where you stand and where Chris Bowen stood?
Paul Broad: Oh, a series of things, particularly the gas plant at Kurri Kurri, Angus Taylor and I were very strong that you needed gas to keep the lights on. And we had more gas in New South Wales than we know what to do with. We need gas. So when the sun’s not shining, wind’s not blowing, gas, hydro are incredibly important. And Chris Bowen was against Kurri Kurri. Then he said we’re going to run Kurri Kurri 30% on hydrogen. There is no hydrogen in the Hunter, and there won’t be for another 10, 20 years at the earliest.
Ben: You were just trying to help, right?
Paul Broad: Well, yeah, trying to help. I think in the 18 months leading up to it, in the senate estimate, the parliament asking us lots of these sort of questions. So you got a sense of where Chris was coming from, and that’s his political view. I respect that, I just didn’t agree with it and there’s no point being somewhere if you don’t agree with it.
Ben: You could have just drunk the Kool-Aid and said, “Oh yeah. No, this is going to be the answer to all of our problems. It’ll be able to carry the load.” But you were being realistic and he didn’t want to hear it?
Paul Broad: Yeah. Plus the fact, the notion that you can have 80% renewable in our system by 2030 is, to use the vernacular, is bullshit. It’s bullshit. Ben, the truth is, this transition, if it ever occurs, it will take 80 years, not eight. So there’s massive changes need to occur. And I’m deeply concerned about the rush, the notion that somehow this is all magic, I’m going to wave a magic wand, we’ll close a big baseload power plant that’s kept our lights on for yours of my life, we’re just going to close it and there’s all these alternatives out there. Well, it’s not. I can be absolutely 100% certain it’s not available, and the transmission lines are miles late. 2.0, which is a part of the thing is late. I think their own reports tell them you’ll need at least eight 2.0s to achieve their goal, and that’s 80 years not eight.
Ben: Let’s just have a look at 2.0. So the biggest issue is these giant tunnelling machines. They weigh 2000 tonnes. They keep falling through the soft ground. Do we know how far along this project is? Is it halfway? Beyond halfway?
Paul Broad: Yeah. Look, I’ve got to defend 2.0, it was a huge part of my creation, and I’m quite proud of the attempt to build a big pumped hydro, but it’s complex. These tunnel-boring machines have got to do through heaps of rock. There’s 28 kilometres of tunnels, 11 metres diameter. And one of them has got to actually bore uphill. So they’ve got to come in and get access to a cabin, and then you’ve got to drill out a cabin, which is 400 metres long, a kilometre under the mountain. So the complexity of this thing is enormous. So I’m not surprised that we’ve got delays. I suppose what worries me more is the lack of transmission.
So you have this big power plant, it’s of no use to you if you haven’t got a transmission line out the front to run it into where the people are. So the lack of transmission is going to be a big, big problem for us. The lack of transmission to bring all these renewables. The power plants we have are just up the road here in the Hunter, all these new renewables are out west or somewhere else. There’s no power lines to get it here. So the notion you can have all this occurring without transmission and all the other investment which will cost the customer, the consumers a lot, the suggestion you can do all that and price is going to come down. It’s just wrong. It’s absolutely wrong. It’s misleading, it’s false and to keep suggesting that, I think eventually, eventually the average punter wakes up, and there’ll be a reaction.
Ben: We’re listening to Paul Broad, the former of boss of Snowy 2.0. Just on the timeline, I actually had a meeting with someone who’s associated with the project about a month or so ago. And I said, “What’s going on with this thing? Because we were told it’d be done by 2021, and now you’re talking about 2027.” And then they said to me, “Oh, it might be late 2027.” And I said, “Well, that sounds to me like 2028.” Now they’re saying December 2029. When I hear December 2029, I think 2030. Realistically, when’s it going to be done?
Paul Broad: Well, the transmission line is ’27, so I suspect they’ll get first power, I suspect… Now something else will happen. I think the challenges for building it are still in front of them. The biggest challenge they have for this whole project is still to come. So there’s lots of risk with it yet, but I suspect, given the fudges the engineers do, I’m suspecting end of ’27, middle of ’27, that sort of timeframe. But Ben, there’s no point having it if the transmission line… So we’ve got to work out, someone’s got to tell us when are the farmers going to agree to run power lines over their properties? When are they going to agree to pay the farmers a reasonable annual sum to access and run their lines over their property? When all that’s agreed and they work out the direction these things are going to come… We haven’t upgraded them in 50 years, let alone in five.
Ben: We’ve spoken to some of those farmers and they’re worried because they say they’ve got to knock down all of these trees to put the lines in. We’re worried about bush fires. And the other issue is just that old line, “It’s my land, it’s my property.”
Paul Broad: Absolutely. Then well what happened, the truth of it, they had all these shiny asses from Sydney rock up to the farms and say, “I’m going to put a power line over your property.” Well, the farmers said, “Get lost. You’re not coming on my property.” It is their livelihood. It is what they live for. So they got off to a really bad start. All the people around Tumut and Gundagai, all those people are now up in arms because these things have got to be done right. You’ve got to sit down and you’ve got to be able to be flexible about the direction you go to minimise the impact on farmers. They had some power lines going right over the farmer’s house.
So there’s still a lot of work to be done on the transmission. There’s still a lot of work to be done on 2.0. And the reports out saying you’re going to need lots of 2.0. So it’s really just the start of the journey. It’s not the end and I think the notion that we can close these plants, no, Eraring can’t, cannot close. Even now, we’re closing Liddell. We’re on a knife’s edge. You watch when it gets really hot or really cold, just how tight it gets in New South Wales. If the lights don’t go out, I’ll be awfully surprised.
Ben: A couple of quick ones, one of the private contractors went into administration in December. We’ve heard there are still unpaid bills to both workers and to ongoing construction.
Paul Broad: Yeah, the contractor’s got a lot to answer for. And I don’t want to go on air and bag a contractor, but they’ve got a lot to answer for. And I think they were trying games by not paying the local small contractors, and as soon I was there, I was prepared to go and pay the contractors ourselves, and then extract it from the big contractor later. The major contractor has safety problems. They tragically lost a life down there a week or so ago. The contractor has a lot of questions to answer. They’re under a fixed-price contract, so these prices shouldn’t be going up, but they are. They’re on a performance-based contract, they’re not performing. There is some big question marks and Clough going broke halfway as well, 12 months ago, it’s been a big problem. The Clough guys were integral part of delivering it. So the contractor has a huge challenge in front of them and they’ve got huge questions to answer.
Ben: Just on question marks, were you hiding some of the delays from Chris Bowen? Because I’ve seen the Financial Review. A spokeswoman for Mr. Bowen told the Financial Review that, “It was no secret that the government was disappointed in the hiding of delays to major energy projects by the former government including Snowy Hydro 2.0.”
Paul Broad: That is just bullshit. The first meeting with Bowen, my first meeting with Bowen, he asked me and I said, “Yeah, 12 to 18 months.” When I was with last meeting with Angus, which was back in April when the contractor rocked into Angus’s office and said that, “We think you’re going to be delaying going [inaudible 00:09:41] cost increase,” Angus kicked him out of the office and said, “It’s got to be delivered on time and on budget.” That’s the truth. I mean why does his office on this political spin? What is he trying to do? Fair dinkum. Why not just tell the truth? It’s really easy. In life, I find if you tell the truth, you can remember it and you don’t get yourself in too much trouble.
Ben: I said at the start of my introduction, that line that a talk back caller said to me once about the switch to renewables, “Don’t jump off the boat until you’ve reached the shore.” Can you reflect on that for a moment before we say goodbye?
Paul Broad: Yeah, that’s absolutely true. We can’t make this transition until we’re absolutely convinced that the alternative’s going to work, and is going to be at a price point that it won’t kill the economy. At the moment, we’ve got neither of those.
Ben: You say the idea of getting to 80% renewables by 2030 is complete BS. You say closer to 80 years?
Paul Broad: Yeah. Well, you got to build these things. Transmission lines, their own reports say you’ll need eight 2.0s or their equivalents. One 2.0 takes 10 years, so get eight. I could do my maths, it’s got to be 80, 70, so it’ll be another generation before anything like what they’re talking about occurs.
Ben: We know it’s never too late to learn a lesson. What would you say to Chris Bowen if he’s listening this morning?
Paul Broad: Oh, take a big deep breath. You’re a minister now, you’ve got responsibilities. You got to put it all on the line and you got to be honest to everybody about it.
Ben: We really appreciate you coming on the line. You haven’t mucked about, you’re pulling no punches this morning, and we appreciate that, Paul.
Paul Broad: Thanks, Ben.
Ben: Paul Broad, the former boss of Snowy 2.0 and I can only imagine the reaction in Chris Bowen’s office right now. They won’t be liking what they’re hearing, but it sounds to me like he’s just given a unfiltered view of Snowy 2.0, and also the transition to renewables. And you heard what he said about the government’s targets, BS. And he didn’t put it the way I just put it then. He’s also weighed into the other issue, which is just so obvious, about needing to keep our major coal plant open. That is something that Chris Minns entertained during the election campaign, and thankfully since winning the election, he suggested that that is a must, that he’s got to work out how we can keep the supply going and keep the prices low. And the discussions are underway with the operators.
https://i0.wp.com/www.malcolmrobertsqld.com.au/wp-content/uploads/2023/05/Bullshit-1.jpg?fit=1200%2C1400&ssl=114001200Sheenagh Langdonhttps://www.malcolmrobertsqld.com.au/wp-content/uploads/2020/04/One-Nation-Logo1-300x150.pngSheenagh Langdon2023-05-04 15:24:362023-05-04 15:24:40Former Snowy 2.0 Boss slams Bowen’s Wind and Solar plan: “Bull***t”
We are winning. The truth always wins in the long run.
My address to a community event last week at Mudjimba on the Sunshine Coast.
Transcript
Thank you. Thank you so much for the welcome. My first task is to apologise. I plugged into the Apple Maps to be here at 10 to 1. I got here at 10 to 2. Yeah, I’m very sorry about that. I didn’t see any car smashes on the way up, but lots of traffic jams, so I don’t know what was going on. Second thing I want to do is thank everyone for being here. It’s wonderful to be here with you. I know you’re concerned about the country and I’ll explain what’s happening in the country, or why we need to be concerned and what we can all do about it. I want to thank Abby, because Abby has really struck a chord up in the Sunshine Coast, with what she’s doing. I want to acknowledge, wait for it, Case Smit and Curry Smit, because they formed the Galileo movement in the early days of, what? 2011, ’12? Yeah, that did a lot of good work.
I was very proudly a volunteer in the Galileo movement exposing the climate road. I’m happy to talk more about that, but I want to say that we are winning. Very important to understand. I’m not giving you a line, we are genuinely winning. Have we cracked it yet, in terms of the COVID mismanagement? No, we haven’t, but I’ve been very heartened with Naomi Wolf, who spoke at Hillsdale College. I can see a lot of people nodding their heads. She is wonderful and we’ll talk about her later, in question and answer, but I want to get through the core parts. Why do I say we’re winning? The LNP, which put in place the heinous, inhuman mismanagement of COVID now supports revealing the Pfizer contract that they wouldn’t reveal when they’re in office. Yes. The Labour Party, the Greens, and David Pocock still suppress the Pfizer contract.
The LNP now supports a motion on inquiry into excess deaths. We are having enough excess deaths that would cover two plane crashes every week for a year. If we had one plane crash, people would say, “What the hell’s going on?” If we had two in a week, we’d say, “What’s going on?” We are having around about 30,000 excess deaths a year and they didn’t start until after the COVID injections. They are clearly due to the COVID injections, we’re starting to crack people on that. The mouthpiece media is starting to crack. Adam Creighton, who’s part of The Weekend Australian, has been against mass injections, restrictions, mandates from the start, but he’s now starting to speak up about the injection deaths. Look at the ridicule that the World Economic Forum had globally as a result of its Davos meeting. It’s now the source of ridicule, because we bashed them over it and we exposed it. Now it’s okay, that’s very important to understand. Just by telling the truth. We’ve seen the resignations of Greg Hunt, who introduced…
What did he say now? With regard to the COVID injections, “We are engaged in the largest clinical vaccination trial.” It is a gene therapy experiment. That man and Scott Morrison enabled it to be mandated and now we’re seeing the penalties of that. I don’t care if someone’s been injected or not, what I care about is whether it was voluntary or not. We’ve seen Skerritt now going from the head of the TGA. In Senate estimates, the last Senate estimates in February, I asked him a question about approval. We already knew this, but he admitted that the TGA has not done testing of these experimental gene therapy-based treatments in this country. Why not? Because they rely upon the 15,000 employees and billions of dollars in the budget of the FDA, the Food and Drug Administration in America. Guess what? The Food and Drug Administration did not test the damn things either. The Food and Drug Administration relied upon the word of Pfizer. We can talk in question and answer about Naomi Wolf. We can see now Brendan Murphy, another one of the unholy trinity. He’s the Federal Health Department secretary, he has now announced his resignation. Agencies are getting nervous as the news emerges. These agencies… I’ve got a lot to cover, so I won’t get into detail there. I’m happy to answer in question and answer. The people now are becoming aware of the injection injuries. They’re not vaccines, I don’t call them vaccines. They are injections and they’re hideous. I’ll say it, I’m not a doctor, but if you’ve had one injection, that’s potentially harmful. If you’ve had two, much more harmful. If you had three, it is serious stuff. Four? Highly serious stuff. The people are waking up. Recently, we saw demonstrations in Paris, and where did they demonstrate?
Speaker 2: Outside BlackRock.
Malcolm Roberts: Thank you. As this lady says, outside BlackRock offices. People are waking up. We’ve also seen the digital identity bill that was raised by Scott Morrison and Barnaby Joyce, but now being foreshadowed to be introduced by Katie Gallagher as head of the Senate, for the Labour Party, and Anthony Albanese. The good news there is that we’ve exposed the incompetence of the Digital Transformation Agency, they won’t pull it off. They won’t pull it off, they’re not competent. You’ve heard of Errol Flynn? They’ve got the Errol Flynn complex. Everything they touched, they wreck. Then, if you look at it, though, this is good news for Australia, there’s not a single New Zealand member of Parliament who speaks up against the COVID mismanagement. It was coordinated globally, we know that. There is one, maybe two, United Kingdom MPs who speak against it, there are a few USA MPs, there are six of us in Australia. Six.
My topic today is rekindling human progress. We’ll cover human progress in a minute. It may seem overwhelming what we’re facing, but there are huge opportunities for Australia. Look at the material progress in the last 170 years. Look, these things weren’t invented until 2008. We’ve had them for 15 years, yet now they govern so much of our lives. That is a huge benefit. It’s also a huge risk, because they can use these things to control us. It’s up to us, though. We are now immune from famine in this country, immune from famine in most countries, except for some in Africa, some in Asia. That’s it. Humanity’s been lifted in just 170 years out of dependence on nature to become independent of nature, but that doesn’t mean we trash nature, because one of the most important things to recognise is that the environment is essential for civilization’s future.
If we trash the environment, we wreck civilization’s future. The best way to protect the environment is to protect civilization. Civilization gives us industry, which reduces, reduces, reduces our environmental footprint. Case I know as a scientist, he’s also an environmentalist. He knows that, he can back that up. Now, I don’t like everything humans do. There are people like Adolf Hitler, Maurice Strong. Anyone heard of Maurice Strong? I’ll talk about Maurice Strong in the Q and A. Maurice Strong, Stalin, Mao Tse Tung, Pol Pot, and a whole bunch of people in the World Economic Forum. They’re responsible for millions of deaths. I don’t like what they do, but I am fiercely pro-human. We are a wonderful, wonderful species. We are the best species on the planet. We don’t do everything right, but when we screw up, we look and we identify where we screwed up. The environment we were making a mess, because we were ignorant of it in the ’70s. Now, it’s far healthier than it was in the ’50s.
There are more trees in the developed continents now. There’s about 30% more trees in the developed continents than there were 100 years ago. Did you know that? Because we need less ground for agriculture, we need less ground for industry. That’s fact. Humans care and take responsibility, we fix things. What characterises most humans? This is your turn to answer. What characterises most humans. What traits? Love? Compassion? Resilience? Some greed, but most of the people in this room wouldn’t be here… None of us would be here except for this four letter word starting with C. Care, care. We would not be here, but for that word. I only realised what I almost said there. You thought of it, not me. That’s why I’m fiercely pro-human and I love human beings. I love our country and our forefathers. What do you appreciate about our country? Sorry? Freedom?
Speaker 3: The way it used to be.
Malcolm Roberts: We are going to go there, the way it used to be. All right, you’ve already beaten. This is what I appreciate. Did you know that this country, our country, Australia, had the highest per capita income of any country on earth about 120 years ago. Did you know that?
Speaker 3: With Argentina.
Malcolm Roberts: Yes, and Argentina collapsed more quickly than we did, because they went socialists, whereas we’re partly socialists, largely socialists. We’ve punched above our weight in sport, war, inventions, culture, business. Australians used to take responsibility, personal responsibility, and that’s fundamental for strength of character. Instead of blaming others, our politicians used to take responsibility. Freedom of choice is essential for responsibility. Anyone heard of Maria Montessori? She said that the essential years for the development of both character and intellect are birth to six.
We’ll come back to that, but another thing she said is, “Wherever you see a lack of responsibility, you’ll see a lack of freedom.” You cannot have responsibility if you don’t have choice. Fundamental to human development and strength of character. Choice leads to responsibility, ownership, respect, primacy of needs, efficiency, and many other benefits, but government has become about control. The opposite of freedom. I don’t believe in left versus right, that’s an abstraction that’s been concocted up to confuse us and distract us. The real message is “Control versus freedom.” It goes right through human history. Christ, Buddha, and other sages taught us responsibility as a source of personal power, and that leads to self-discipline and the sanctity of life. Why are we languishing? What concerns you about today’s culture? Lack of care. Selfishness. What else? Lack of education. We’ve got wonderful schools. Of course, that’s right.
Speaker 3: Lack of thinking and gullibility.
Malcolm Roberts: Lack of thinking and gullibility. Accepting what the government tells us. Sorry? Apathy. If you can’t have an effect on the government, you’re going to be apathetic to the government, aren’t you? We’ll talk about whose fault that is. What else? Would it be fair to say that many people in this room are feeling concerned? Frustration, confusion? You know where you’re going. Yeah. Compared to where we were 20, 30, 40 years ago, you’re confused as to why. You might not be, but many people are angry, uncertain, fearful. Not fearful of the rubbish they tell us through climate change lies, but fearful of why they’re doing it and where they’re trying to take us. Yeah? Okay. No common sense. You’re frustrated about that? Also, some people are feeling hurt and very uneasy. What are the needs? What are the needs you have that are not being met? Leadership, certainty.
Speaker 3: Truth.
Malcolm Roberts: Truth, who said that?
Speaker 3: I did.
Malcolm Roberts: Good on you.
Speaker 2: Trust.
Malcolm Roberts: Sorry?
Speaker 2: Trust.
Malcolm Roberts: Trust, yes.
Speaker 2: Respect.
Malcolm Roberts: Respect. Respect is two ways, isn’t it? If politicians don’t respect us, we don’t respect them.
Speaker 4: Transparency.
Malcolm Roberts: Transparency.
Speaker 5: Free will.
Malcolm Roberts: Free will. Thank you.
Speaker 6: Informed consent.
Malcolm Roberts: Informed consent. These are fundamental. Three years ago, would we have believed that we’d be saying these things today? Not at all. Governments need to serve the people. We need to be heard. We’re not heard, whereas Case said, “We’re indoctrinated and given propaganda, or they try to.” We need understanding, trust. We need to see governments that work in the national interest, don’t we? The national interest. We need fairness, leadership, restoring responsibility, choice, and resilience. What culture do we need? A bit like the old culture in our country where we had personal responsibility, free expression, we were safe, we were secure? Our property was secure, it’s not anymore.
Speaker 2: Incentive.
Malcolm Roberts: Incentive. You don’t want to be given incentive, you just want to let the government get out of the way, so you can use your own incentive. Yeah, absolutely.
Speaker 3: Predictability.
Malcolm Roberts: Respected, predictability. Some kind of certainty. Honesty, honest leadership, be heard. People love to be heard, because it’s fundamental. I can tell you a lot of stories about the benefits of letting people be heard. How do we shape culture? It is now the most important thing in business. A switched-on business person will understand that he or she needs to provide leadership, but also develop a culture in which people can work freely and to the best of their ability. Culture is now far more important than a machinery, than buildings, than anything else in the business. Far more important. How did we slip out of our previous culture that was so productive, get to where we are now, and still in a downward spiral? How did we get into that? Think about how to shape and change culture.
Most of the people in this room have got grey hair like I have. In the 1970s, what was the attitude towards drinking and driving under the influence of alcohol? Yeah. “We all did it,” she says. That’s true, that’s fundamental, and that’s a very important point, because we all did it. State governments then got concerned about the number of fatalities on the road, so they started bringing in advertisements on TV and in the media saying things like, “65% of fatalities involve alcohol.” What impact did that have? Nothing, nothing. So they got smart and they used what politicians use, and that’s emotion to sell. Advertisers use emotion to sell. They showed pictures of dead babies on the road, mothers crying, drivers behind bars. What impact did that have? It raised awareness, but it didn’t change any behaviour, so it didn’t change the culture. So then Victoria became the first state in the world to introduce random breath testing. What did that do?
Speaker 3: Fear.
Malcolm Roberts: It is fearful, yes, but only if you drink and drive. It changed behaviour, it changed behaviour. Sorry, I missed that. Ran around it. The cops work up to that, though. Good people with a sense of humour. Think about this, it fundamentally changed. [inaudible 00:17:27], one of Australia’s foremost sociologists said that it fundamentally changed the culture in Australia with regard to families, men, and women. Men, instead of going out on Friday nights and Saturday nights alone, they needed drivers, so they went with their girlfriends and wives. Now, that’s funny, and it’s meant to be funny, but it’s truthful. It’s truthful. It changed the culture dramatically with regard to the sexes in this country, because it used to be boys’ night on Friday and sometimes Saturday, right? Let me ask you. We just said that the behaviour in the past was drinking and driving is okay and the behaviour was people drank and drove. What’s the behaviour now largely? People do not drink and drive. What’s the attitude? You can legislate behaviour, you can’t legislate attitude.
But what’s the attitude now? If you’re caught drinking and driving, it’s shameful. The attitude has changed to catch up with the behaviour, and that’s significant. Culture is basically a combination of behaviour and attitudes. What people think about what they do and what they do. Remember that, legislation and laws are about behaviour. I won’t go into that in any more detail, but there are many other things there. Let’s look at some of the major global initiatives, global initiatives, that are occurring in this country, our country. Education is really indoctrination, corrupting our children. I haven’t gotten to this today. My wife is an American and Australian, very proudly dual citizen, very proudly citizen of Australia. She was reading on the lounge as I was leaving, and she said, “Get a load of this.”
They did a survey of people in America who believe in the woke rubbish. They were all college graduates, because university is the place where they infect people’s minds and they include that in teachers. Teachers go out and infect kids’ minds, so we’re now seeing our children’s sexuality being distorted as early as four or five years of age. We’re seeing gender dysphoria, which is a normal part of adolescents for a very small minority, now being distorted into mutilation and cutting off genitals, cutting off breasts. If a parent gets involved and says to the child, “Come and have a talk,” in Victoria, that parent can be thrown in jail.
Rockefeller, in the late 19th century, said, “We don’t want education systems to produce brain surgeons, ballet dancers, sportsmen, businessmen, doctors, we want them to produce cannon fodder, factory fodder.” Don’t think this has been a deliberate dumbing down. ABC, I questioned them in senate estimates, “Why have you got a page devoted to Bruce Pascoe’s Dark Emu, which is complete crap?” Because, Senator Roberts, it’s in the national curriculum. We get the national curriculum in front of us in the senate estimates to say, “Is Dark Emu anywhere in the national curriculum?” “No, Senator Roberts. Not one bit.” The ABC is lying. Why is it lying? Okay, that’s our children being mutilated and corrupted by our education system. Let’s look at our health system. COVID has destroyed… Sorry, sorry. Government’s dishonest, deceitful, inhuman response to COVID has destroyed our healthcare system. We have 7,000 nurses still furloughed in Queensland, because they wouldn’t take an experimental gene therapy-based injection. Yet we were told by Palaszczuk and by Yvette D’Ath, “We need all hands on deck.”
We see a 40% increase in ambulances carrying coronary care patients. Yvette D’Ath, the health minister says, “I wonder what that could be.” All of this. I won’t go into the details, I don’t have time, but I asked for the data on COVID severity and transmissibility. The chief medical officer eventually gave it to me and it shows quite clearly on his graph, his graph, not mine, that the severity of COVID is low to moderate. We were told it was severe. Low to moderate, we were all going to die. If you think about it and you break that down, COVID is very stratified. It doesn’t affect children, it doesn’t affect teenagers, it affects very few young adults, middle-aged adults, it does affect some people over 65. Some, some. When you rule that out, COVID is very low severity compared to even some past flus. On the chief medical officer’s diagram, it showed lower severity than some past flus, but we turned our country upside down, stole freedoms, and disrespected people. Took away basic human rights. Why? That’s where we get to. We saw coercion, compulsion.
We saw the leader of this country, the Prime Minister, Scott Morrison, lie repeatedly every day for a fortnight saying there are no vaccine mandates in this country. He funded it, he bought them, he gave them to the states, indemnified the states, made the data accessible, so the states could enforce the vaccine mandates. Yeah. The TGA, supposed to look after people. I was talking about ivermectin. This is the first time anywhere that we have withdrawn a proven, safe, effective, affordable, accessible treatment. That works and where it’s been used around the world, it has worked. It has stopped COVID in its tracks, but that was withdrawn from us, so that people had no alternative, but this mad shot. I’ll say it again, I don’t, don’t demean anyone who’s taken the injection. I saw a wonderful lady at an inquiry we ran, she came down from Toowoomba. She jumped up in the middle of the inquiry, lifted her shirt, and there was a scar from there to her pubic bone.
She nearly died three times, the surgeon operated for 12 hours to save her. A massive rupture in her main artery. She said she only got it, because it was safe and effective, she was told by Scott Morrison, and because she wanted to see her parents overseas in Sweden. We saw a national cabinet… The TGA. I was talking a lot about ivermectin. Got banned on YouTube for a while for talking about it, we kept talking about it. Now, the TGA sent me a threatening letter about two and a half, three and a half pages long saying that I’m advertising ivermectin. It’s against the law and they inserted quotes in the letter from where I supposedly was breaching the law. With a bully, you don’t count out to them. I wrote back a very brief letter, “Thank you for your letter. How dare you interfere with the duties of a duly elected senator representing the people of his state?” By the way, the federal government has blood on its hands. I got a response, “Thank you for your letter.”
Now, it’s difficult to stand up to bullies, because many of the things were brought in… The mandates were brought in about. I’m very much in favour of proven, safe, effective, affordable, accessible drugs. Proven, tested, proven. I’m completely against unproven, untested drugs. Even more so against drugs that are untested and forced on people through coercion. Even more so when they say, “If you want to feed your child, to keep your job, you will take this shot.” I don’t care about your attitude towards the shot, that’s your choice, but when someone has to be forced to keep his girls and boys being fed, that’s just inhuman. That’s what we got to. Medicinal cannabis, a wonderful treatment that Pauline and I have been pushing for quite some time, and are starting to get relaxed slowly and slowly, is banned for access – has minimal accessibility now, because it is a proven, safe, effective, affordable treatment that you cannot overdose on and that is wonderful for so many things. In the 1930s, it was the most prescribed medical treatment in America, and it was banned because of big pharma. That’s why, because it works and they can’t patent it.
Fluoride. To get a little bit of fluoride in our teeth… Some dentists disagree, but let’s assume that fluoride’s good for our teeth. Do we need to flush it through our toilets, wash our car wash our cars with it, water our lawns with it, shower in it just to get it on our teeth? It’s rubbish. That is also enforced medication, unless you buy a reverse osmosis filter. Then we’ve got the World Health Organisation developing international health regulations and a treaty for future epidemics. They want to take control, through that treaty, of our health system in this country. They will be telling you whether or not to take an injection, whether or not you’ll be locked down, whether or not you’ll be having various restrictions, and get this, they’re writing it, so that they can declare a potential pandemic. That can only become law if the donkeys in Canberra accept it and pass the legislation making it possible.
The World Health Organisation is a criminal, corrupt, incompetent, dishonest organisation. I belled them from the start. My very first speech in parliament in 2016, I said, “Get out of the UN.” Oz exit. The World Health Organisation is funded primarily by Germany and the United States, which are the two biggest homes of pharmaceuticals. No, no. He’s number three. I thought he was number two, he’s number three. No, he’s number three. I was corrected the other day. Bill Gates, who invests in injections, but we can talk more about him. Look at that family. We’ve covered children, health, family. The Family Law Act was brought in, it’s sourced from the United Nations. It’s been the slaughterhouse of the country, been crippling families. Look at our energy, our economic lifeblood. They’re destroying our energy now. We had the cheapest electricity in the world, we’ve now got amongst the most expensive, because of subsidies due to the crap that they’ve put up there on climate change. We can talk about climate change later. Who benefits from solar and wind subsidies?
No, some people do. They’re billionaires, including Malcolm Turnbull’s son. The billionaires who are feeding off these subsidies. If they’re so damn good, why would they need subsidies? We have the highest level of subsidies of any country in the world. We are the world’s largest exporters of hydrocarbon fuels, coal, and natural gas. The largest exporters. We can’t use it here. We can ship it to China and then we’ll buy their products back. When you are buying a product made in China, you are buying something that came from coal. They turn a blind eye of that. Look at our science, been completely destroyed. I might read a quote from Carl Sagan. Basically, our science has been destroyed, because anything they want us to do, they say, “Do it for the science.” If you don’t get a shot, you’re a granny killer, so they tell us lies.
Maurice Strong is the father of global warming, he concocted it. The man is a mass murderer, he’s responsible directly… Sorry, indirectly for 40 to 50 million deaths, and I’m happy to talk more about that in detail later. We have now government grants that are being funded in various entities to control the science, to give us propaganda. It’s not science at all. In the name of science, carbon dioxide. Do you know, does anyone know how much carbon dioxide’s in the atmosphere? 0.04%. That’s four one hundredths of 1%. Although Case put up a wonderful slide showing the greening of the planet, we are not responsible for that, because our carbon dioxide that we produce has no impact whatsoever on the level of carbon dioxide in the atmosphere. None at all.
There have been two massive global experiments in 2009 and 2020 that proved that fundamentally, and I can discuss that in questions. Let’s have a look at our economy and look at tax. Multinational companies, since 1953, have paid zero or little company tax. 90% of Australia’s large companies are foreign owned and, since 1953, have paid zero or little company tax. Who pays the tax? We do. When you see the tax system… We’ll talk about that if I get time later. Our tax system is actually destroying competitive federalism, one of the core tenets of our constitution, and accountability in this country at state and federal level. Destroys it. Look at life itself. Some of the practises that have come in here that are anti-human. We can now have abortions in this state right up the term.
Yep. Three or four liberal nationals voted for it, the Labour Party voted for it, we didn’t vote for it, Katter didn’t vote for it. Yes. Not Victorian government, but in Victoria and in New York, some people are talking about legalising abortion to within three months after birth. Yes, that’s murder. Childhood mutilation, destroying life for kids for the rest of their lives. With puberty blockers destroying the adolescent mind, destroying accountability. Paedophiles are now being sanitised with the term… You don’t call them “Paedophiles,” you call them “Minor-attracted.” This is what they’re doing. Now, our food. We’re talking about fundamental things here, our food. They’re now talking about using lab meat. Meat that is not meat at all, but cultivated from fat cells and it’s thought that they’ll be carcinogenic. Highly cancerous. Certainly not fit for food. In-vitro meat. That’s what it’s called, lab meat or in-vitro meat. Grown in a Petri dish, fake meat, bugs. The Morrison Joyce government gave $64 million of taxpayer money in this country a few years ago to the 2021 UN Food Summit to develop bugs for food. Bill Gates was here in the country back in February and he met with Anthony Albanese. Anthony Albanese’s office said, “They talked about food, energy, climate, agriculture, and health.” Not one of those things does Bill Gates have any qualifications in. In every one of those things, he has enormous conflicts of financial interest and our prime minister’s listening to him. The banking system has been designed through regulation to enable the avoidance of accountability. The voice is a concoction to take control of our land as well, again, from the United Nations. It’ll destroy our constitution, it’ll feed the aboriginal industry. The aboriginal industry is one of the most serious blockers to the aboriginal advancement in this country. They are taking the money on the way through and controlling resources, controlling water, stealing this money. It’s unworkable, it’s hidden by deceit. Albanese won’t talk about the details of it (the voice), because he knows we will certainly reject it if we do, so he is madly trying to hide the details. There is no basis for it. The Uluru Statement from the Heart, I saw Nampijinpa Price, Jacinta Price, tear that apart.
There’s no basis for the Uluru Statement, none at all. It came originally from Zaire (Africa). Copy. Immigration. Anthony Albanese in February last year, before the election, said the federal government at the time was blowing up immigration to cover its sins. Used to be about 250,000 come in a year. Albanese wants to take it to over 300,000 a year, 330,000 a year. Amazing what happens when he gets into office. Then think about language, language is a system controlling thought. Examples of labels. If you have a certain expression of your own free will, you can be called a transphobia, a racist, a homophobe, Islamophobe, a Nazi, a climate denier. That’s all designed to suppress debate. People like Case and I, we won’t be suppressed. You can call us climate deniers, we don’t deny climate at all, but that has held back academics in this country from discussing a lot of the topics.
Labels are the refuge of the ignorant or the dishonest. If someone calls me a label, I say, “Thank you very much for admitting that I’ve just won the debate, because you didn’t present any data, you didn’t present an argument. Therefore, I’ve won. If you had the data and the argument, you would’ve presented it, but you haven’t, because you haven’t got it.” They also use language to turn the hideous into attractive things using soft or attractive words. It’s gender affirmation, not mutilation. The identified sex and bodily mutilation is now called transitioning. A male body wearing lipstick and a dress is transgender. No, he’s still a she. I’m not downplaying the very, very small percentage of people who have serious gender dysphoria, they need our support, they need our love, and above all, they need our truth. They’re turning the beneficial to harmful. Affirmation, for example, as we’ve talked about. Greenhouse gases, fossil fuels. They call them fossil fuels. They have liberated humanity. What have we used for lighting 170 years ago? Whale oil. The whales think coal is wonderful. What do we use for cooking and for heating? Wood.
The forest thinks coal is wonderful. Coal has a far higher energy density than just about anything except uranium. They give us propaganda to dumb us down, to disengage us, to deceit, and hide us. The language is under attack, yet it’s hidden. The truth is under attack, yet people don’t see it. I’ve got that, I talked to Abby. Thank you. The next form of what drives behaviour and shapes culture is our leaders. Our leaders. People assume, don’t we? That our leaders are doing what’s best for the country and what’s best for us.
Speaker 3: Used to.
Malcolm Roberts: Used to. Yeah, thank you. Thank you. People follow leaders who are honest and effective, yet now we’re finding that our leaders are dishonest and corrosive. Adam Creighton, who is a pretty good journalist in my opinion. He’s an economist, he’s based in America, he works for News Corp. News Corp went woke, because they have a lot of investments and advertising coming from pharmaceutical companies. Adam Creighton, I’ll give him his due, he’s a conservative economist. You’d call him that, wouldn’t you, Case, conservative? He’s writing in The Australian, he wrote this. He quoted someone, I’m going to ask you who he quoted.
“Look what the West are doing to their own people. It is all about the destruction of family, of cultural and national identity, perversion and the abuse of children, including paedophilia, all of which are declared normal in their life.” Who said that? Yeah, it was Vladimir Putin who said that. He’s opposing the globalists. I’m not necessarily endorsing him, but I do take pride in the fact that I’m the only senator in the Senate, when they introduced their motion talking about going to support the Ukraine, I’m the only one who said, “Just wait and ask a few damn questions,” because I’m tired of following the Yanks. I love the Yanks, I’ve been in all 50 of their states, I’ve worked in eight of their states, I’ve been educated in the states. They’re wonderful, wonderful people, but their government is hideous. It’s been overtaken by the globalists for decades now. That’s a fact.
What the hell happened? I’ll tell you what happened. The United Nations and allied globalist agencies have captured our bureaucracy, some of our politicians, and changed the system. One of our politicians, who I’ve got a lot of time for, he’s now retired, because he didn’t get pre-selection in the Liberal Party. One of our senators, he spoke in 1994 or 1998 at a conference extolling the virtues of UN Agenda 21. When I found out about that in 2015, actually 2013, I wrote to him and said, “What are you doing?” Took him two years, but he finally met with me. This is before I got in the Senate. He dodged the question, but in doing so, he acknowledged the basis of my request, because he would’ve been conned into supporting Agenda 21, because Robert Hill, the senator, environment minister, is the one who pushed that rubbish.
He is the one, along with John Howard and John Anderson, who stole farmers’ property rights to comply with the UN’s Kyoto Protocol. Didn’t know that, did you? No. I thought John Howard was a wonderful prime minister, then I started doing some research. No, let’s talk about it. John Howard brought in the… He was the first leader of a major party in this country to have a carbon dioxide tax and emissions trading scheme. Did you know that? No. He was the one who brought in the renewable energy target, which is now destroying our electricity sector. Case knew that. He was the one who said we would not sign the Kyoto Protocol, but we will comply with it. He had a choice, his government had a choice. Do you shut down industry? No, because we would’ve revolted in 1996/97 if that had been the case, so what did he do?
He went to the people who are most vulnerable, the farmers, because they don’t have adequate representation, they’re small in number, and his government made a deal with the states to steal their property rights, to control what they grow, to control what they clear. Now, he had a problem. Section 51, Clause 31 of the Constitution says, “If the federal government interferes with someone’s property rights or rights to use their property, they must pay just terms compensation.” We’re looking at, back in those days, 100 to $200 billion in compensation. Whoa, can’t go there, so the Howard government did deals with the states, because the states don’t have any such restrictions. So they legislated native vegetation protection. How can you disagree with that? It was really stealing the farmer’s rights to use their land, because they’re telling them they couldn’t do certain things. That’s a fundamental for Western civilization. It’s a fundamental of the Liberal Party. You do not interfere with property rights, you defend them. That’s what that Howard Anderson government did, it stole farmers’ property rights and it’s been hollowed out even more. That’s what’s happened. The allied agencies I talk about are the World Economic Forum, Club of Rome, International Monetary Fund, World Bank, WWF, Greenpeace. All unelected, low accountability. This is the global governance that they would want to shove down our throat. The United Nations’ senior bureaucrats have told us their aim is to have an unelected, socialist global governance. Many of them have said that. Correct, Case? They’ve all said it. Not all, sorry, a lot of them have said it. And they have admitted that climate is about redistributing resources and redistributing control. They want to allocate resources and control the means of production. That’s communism. Without owning resources.
They want to hollow out the regions, our regions are being hollowed out. Our industry has been hollowed out, our industry has been exported to China. We pay subsidies to the Chinese to build wind turbines and solar panels using our coal. They install them here, we subsidise that. They run them, we subsidise that. That raises the price of electricity. The number one cost component of manufacturing is not labour, it is now electricity. When you raise that price artificially, what are you doing to your manufacturers? Shutting them down and sending them to China. Then we send them more of our coal, they produce 4.5 billion tonnes of coal. We produce 500 billion total and export most of it. They produce nine times the coal we do and they want our coal. They’re growing phenomenally, because they’re doing what we did in the West using hydrocarbon fuels. A miracle fuel, miracle fuel. As Case pointed out, hydrocarbon fuels produce no pollution these days. Tiny bit of pollution, car exhaust, but it’s almost nothing. It’s 1000th the amount that was in cars in the 1970s, just half a century ago. 1000th.
They’re hollowing out the individual spirit and the sense of responsibility. They’re hollowing out the family spirit, they’re hollowing out the national identity and spirit. Who pays for all of this? We do, that’s exactly it. Lost jobs, lost freedoms, and we lose financially by transferring our wealth to the wealthy. COVID, they didn’t shut Bunnings, they didn’t shut… Made the coals, but they shut the corner hardware store, they shut the corner grocery store, little restaurants. Small businesses got hammered, because you don’t control small businessmen and women. They keep people in fear and they make us afraid of being human, they make us afraid of other humans. These humans, we’ve got to… Humans, the UN tells us, are greedy, rapacious, uncaring, unreasonable, and irresponsible. They’re not, we’re not. Then they say, “To protect you against that sort of person, we need more government.” What makes up government? Humans. It’s illogical, and yet we fall for it.
Some of us do. They lock in fear, they lock in insecurity, and then they say the problem is humans. Now, government. Thomas Jefferson said many years ago… Very, very, very wise American founding father, said, “The government has to be kept small and minimal at central level, because it is so open to the control of the ego and the control of other people. Government enables control, government invites control,” and that’s what you’re seeing. Our constitution was set up so that the federal government, just like the American government, which came up with the idea, had minimal central power, the states have most of the authority to do things. That was done deliberately. Joh Bjelke-Petersen, most people in this room would remember him. Joh abolished death duties, and what happened? They all came to Queensland to die.
Okay, that is funny. The reality is they came to Queensland, the retired people, so that if they died, or when they died, they would leave their money to their children here. What happened as a result of that? Queensland grew, Gold Coast took off. What else happened? What happened in the other states?
Speaker 3: Everybody lost money.
Malcolm Roberts: Yeah, they lost money, so what did they do? They abolished death duties. Now, Bill Shorten and the Labour Party are talking about bringing it back at a central level where you can’t abolish it. You can, but you’d have to get a lot of support. That’s what I mean. They centralise and they say the problem is humans, but the problem is government. Common themes of the United Nations, the World Economic Forum, and the other globalists are fear-based. Their language is emotional, they wrap terms in lovely terms like sustainability, gender affirmation. Sustainability in the UN is only sustainable with subsidies. It’s not sustainable, it’s a crop.
They drive corrosive, anti-human culture based on spreading fear and guilt. Children in schools today, from when they first enter school right through the university, are riddled with guilt and fear. Completely unfounded, because we’re the best species on this planet. The UN World Economic Forum is driven with the aim of being in control. Then what they do is they transfer wealth through donkeys in parliament to multi-billionaires who then support their agenda, they then drive grants to academics to support their agenda, and then they label, berate, and humiliate anyone in academia who stands up.
So why are the climate sceptics all retired? Look at Peter Ridd, he stood up. Wonderful man. He stood up and he lost his job as a result of it. Maurice Strong knew that systems drove behaviour, so there are systems all around us… See the little labels when you go to buy a car or a refrigerator, an appliance. How much carbon dioxide [inaudible 00:49:23]. Oh, my god. Terrible. See what they’re doing? They’re reinforcing everywhere. How much carbon dioxide is in the atmosphere? 0.04%. Some people will say, “Oh but Senator Roberts, cyanide can kill you at less concentration.” Yeah, it can kill you, but cyanide kills you through a chemical action. This is a physical action, which means 0.04 cannot hurt you. It cannot hurt you, it cannot hurt our climate.
They dumbed down society, which destroys responsibility. Then they create victims, whether it be women, whether it be aboriginals, whether it be Muslims, whether it be any other minority group, and some of them fall for it. When they create a victim, what are they doing to those people? Marginalising? Not quite, but what they’re doing now is they’re removing responsibility for their position. They’re destroying responsibility, they’re destroying people. Fortunately, a lot of people don’t believe it, but some do. What I’m saying is they’re destroying people just to get their narrative across. Destroys responsibility, creates and perpetuates dependence. Victims go through life in a dependent state and then, for every victim, what else do they create?
Speaker 2: Perpetrator.
Malcolm Roberts: Perpetrator, exactly. They sow division and separation. So they create people who don’t think for themselves, they make them malleable, so the thinking is gone, as this man said in the early days. They also destroy productive capacity, look at our electricity sector now. This has not been accidental. UN Agenda 21. It’s now 2030, because they didn’t get it in by the start of the 21st century. Not a thin book. According to governments in Canberra, initially, that didn’t exist. Didn’t exist. Then, when we proved it, or when other people proved it a few years ago, they said, “Oh yeah, but it doesn’t mean anything.” They then legislated as Australian legislation. Who drives the UN agenda? BlackRock, Vanguard, State Street. The UN was formed to actually push this stuff. That is part of their reason for being. Some of the destructive systems are… I’ll go into that in question and answer, I just want to come back to now – Australia’s potential. We have the people, our education is shot, but we still have good people. We’re very innovative, creative, and enthusiastic people, very good workers. We have the world’s best resources, the United Nations have said that in this report. We have huge opportunity with markets in Asia, the biggest markets in the world, and our country is clean, so we have huge potential. The solutions that I see are several. Small central governments, send the services back to the states where they belong. The education department, the health department, the environmental department should be abolished in Canberra and sent back to the states. That’s where they need to be. We don’t need 4000 bureaucrats in Canberra with not one skill. Not one skill. Who’s paying for that? We need to get back to restoring governance based on data and facts. I can tell you now, every major problem in this country is due to that building in Canberra. I’m serious, every major problem.
And they make decisions contradicting the facts and the data, not with the facts and data. Happy to go into that in more detail. We need to comprehensively fix our tax system, comprehensive tax reform. Who are the supreme sovereigns of this country? The people, because we’re the only ones who can change the constitution. That means we are the ones who determine the government. We’ve been asleep, we have just tolerated any crap they dish up. Instead of voting on emotion, we need to vote on strength of character, policies, and candidates’ values. We need everyone in this room to speak up, spread these words, we need to very much reinvigorate ourselves with our belief in humanity. Look at the person next to you. Are they criminals? They’re pretty decent and caring.
They’re pretty decent and caring. They’re not criminals, but that’s what they’re making out. We need to be very pro-nature, because nature is being ruined by the United Nations. We need to be very pro-freedom in all dimensions. Not only speech, but in all dimensions. Need to be pro-Australia, we need to be pro-Christian. Doesn’t mean we have to go to church, but I’m talking about Christian values. Christian values are fundamental to a free enterprise, personal responsibility. Freedom needs Christianity and Christianity needs freedom. They are fundamental. I don’t go to church, but I believe in the teachings of Jesus, Buddha, and many of the other sages, but we need to speak up when they start to dismantle our Christian churches. We need to restore sovereignty, get the hell out of the United Nations. Just remember that politicians are supposed to serve us, the people. Look at our policies, the federal and state government’s policy in terms of energy. Just think about the cost of these things to the everyday Australian. The cost of housing destroyed by huge immigration, which lifts demand for houses, whether you’re rental or ownership.
Energy, taxation, gas prices. The solution is reform and getting back to basics.
So what we have to do as citizens of this country is take responsibility. We have to call out the Greens, because the Greens keep saying, in their election campaigns – “Lots of free stuff here. Vote for us and we’ll get lots of free stuff.” That’s the road to ruin, as Argentinians found out, and we are on the road. We need to stand up for Christian values, we need to remember that we are inherently wonderful as humans, we need to call out the UN, and we need to work together to restore our country, our nation, and our families. Just remember this, please. Governments cannot create prosperity. They cannot. They can only consume it. They can distort it. Who creates prosperity? That’s right, the people. We need the government back in its role and citizens back to our role. Use our constitutional power, the power and the ballot box.
I’ll say again, we are winning, and I’d love to answer questions about Naomi Wolf and the podcast we made with her yesterday, because she’s got 11 points that are fabulous. We have a long way to go, but COVID has really woken people. We had some people awake to the climate scam before, now more people are awake to climate scam, because they’ve seen the COVID mismanagement and they’ve gone, “Hang on, this is similar to climate control.”
So let’s restore the truth about humanity and use it to rekindle human progress, so that we humans are bound and flourish.
https://img.youtube.com/vi/DFzp4kOgB40/hqdefault.jpg360480Sheenagh Langdonhttps://www.malcolmrobertsqld.com.au/wp-content/uploads/2020/04/One-Nation-Logo1-300x150.pngSheenagh Langdon2023-05-03 12:28:222023-05-03 12:28:29My 1 hour speech to a town hall on COVID mismanagement
China uses Australian coal to make cheap power and products which we then buy back off them, even subsidising them in the case of wind turbines and solar panels. This madness has to stop.
https://i0.wp.com/www.malcolmrobertsqld.com.au/wp-content/uploads/2023/04/china.png?fit=398%2C223&ssl=1223398Senator Malcolm Robertshttps://www.malcolmrobertsqld.com.au/wp-content/uploads/2020/04/One-Nation-Logo1-300x150.pngSenator Malcolm Roberts2023-04-27 15:46:452023-04-27 15:46:49Why are we letting China use our coal?
https://i0.wp.com/www.malcolmrobertsqld.com.au/wp-content/uploads/2023/04/liddell.png?fit=398%2C225&ssl=1225398Senator Malcolm Robertshttps://www.malcolmrobertsqld.com.au/wp-content/uploads/2020/04/One-Nation-Logo1-300x150.pngSenator Malcolm Roberts2023-04-27 15:44:422023-04-27 15:45:18What’s the “genius” plan to replace the 1200MW Liddell?
https://www.malcolmrobertsqld.com.au/wp-content/uploads/2020/04/One-Nation-Logo1-300x150.png00Senator Malcolm Robertshttps://www.malcolmrobertsqld.com.au/wp-content/uploads/2020/04/One-Nation-Logo1-300x150.pngSenator Malcolm Roberts2023-02-06 11:17:042023-02-06 11:17:11Two wings of the same bird, electricity prices pushed up by Labor and Liberal
In an abuse of Parliamentary process and at great expense to the taxpayer, Anthony Albanese has called everyone back to Canberra for one day to pass his thought bubble that will not bring electricity prices down.
While capping gas prices might sound good in the short term, in the long term it will mean less supply and more expensive power prices when the cap runs out in 12 months.
Instead, we need to remove all of the wind and solar subsidies. Let coal do its job as a reliable baseload power and remove the roadblocks for nuclear energy.
Wind and solar caused this energy crisis, capping gas prices won’t fix it.
Transcript
President, as a servant to the many varied and hard-working people in our QLD community, I’m happy to travel back to Canberra for this session while recognising that due to yet another Labor-Greens-Teal rushed bill many senators cannot.
I’ve submitted a document discovery today to find out exactly how much taxpayers’ money was wasted on this disgusting spectacle.
It would have been wise for the Government to work out what we were returning for prior to recalling the Senate, instead of this chaos to get a bill ready at 9.30pm the night before.
With no Committee oversight, no public scrutiny, no industry scrutiny, a shocking bill rammed through courtesy of the ALP, Greens and Teals Senator Pocock in a single day, in return for quid pro quos next year.
There’s a point where the process this Government uses to get Greens’ and Teal Senator Pocock’s support moves past what is proper into very questionable territory.
Under this bill, the gas industry is being murdered for the financial benefit of rival industries – wind and solar, who are financial supporters of the Greens and Teal Senator Pocock.
It should be clear by now the Albanese Labor Party are not the ones running the country. In the senate, the Greens-Teal Pocock alliance run government.
The Treasury Laws Amendment (Energy Price Relief Plan) Bill 2022, has I’sure been met with popping champagne corks from comrades on the labour left.
Soviet-level powers right there, in the Government’s grasp.
The Government regulation will decree what gas can be sold, to whom it can be sold, for how much it can be sold, who can be refused permission to buy or sell and who can be forced to buy and sell.
The Greens and Teals can’t wait to write those regulations.
A frightening power grab from a desperate government without a clue how to solve the energy crisis it helped create and now worsen.
What industry will be next?
Don’t be fooled with this talk about temporary price caps. This legislation includes a code of conduct with permanent price controls built in.
How much will that ongoing cap be?
This is done through Legislative Instrument, so whatever the cap is, the Commissar, Minister can change it at the stroke of a pen with no appeal mechanism.
Make no mistake if this bill is passed those regulations will escalate in lockstep with the Government’s desperation to control runaway energy inflation caused from escalating power shortages.
Under the Liberal/National government, tens of billions of dollars in direct subsidies have been poured into unreliable wind and solar.
These are incapable of supplying baseload power at an affordable price.
Because the market has not closed hydrocarbon power down as fast as climate bed-wetters want, coal-fired power stations are now being threatened with closure using State Government powers.
This is what is known in finance as political risk.
As the supply of electricity becomes less reliable, afternoon price spikes are becoming common place and everyone’s power bills go up.
There’s a lesson here. Intervening in energy markets to push a political ideology has unintended consequences.
With this legislation Australia is preparing to take our place alongside the Weimar republic, Yugoslavia, Hungary and Venezuela on the list of Governments who ignored history and as a result destroyed their economies.
Venezuela should be a lesson for Australia. Socialist President Maduro spent his first term in 2012 spending every cent the Government earned from oil exports.
Windfall revenue was spent on programs that sounded good on social media, yet proved unsustainable.
Australia is spending every cent we earn from coal, gas and mineral exports just like Venezuela.
When the oil boom ended, Maduro started printing money to keep wasteful government spending going.
Australia over the last three years printed $500bn using electronic journal entries.
Maduro’s print and spend caused prices to double each week, and Maduro responded with price controls.
Australia’s inflation rate is at a 30-year high, nothing like Venezuela’s, and yet we have price controls being introduced with this bill.
Price controls cover up the problem. They never solve it. They make it worse.
To take such an authoritarian measure is an indication that something has this Government and the Premiers spooked – likely the REAL inflation rate that will result from net zero measures?
Time will tell.
The way in which a western country like Venezuela lost control of their economy should be a warning to Australia.
For three years ’print & spend’ measures have been waived through on Liberal, National, Greens and Labor uni-party voices.
Labor did not inherit Scott Morrison’s mess, Labor in the states were part of Scott Morrison’s mess.
Whether our inflation rate from this point forward moves up or down is squarely in the Government’s hands.
A small number of people in the government think they are smarter than the free market.
The same free market has for generations successfully combined hundreds of thousands of workers with hundreds of billions of dollars of capital equipment, in order to successfully manage trillions of dollars in mineral resources for the lowest cost to the consumer.
Now though, our Federal and State Labor Governments, together with the fake Christian, fake Conservative NSW Government of Matt Kean and Dom Perrottet, think this piece of legislation will fix what they broke.
So much hubris combined with so little knowledge of history & economics will be the downfall of our beautiful country.
Veneztralia here we come.
In six months the Albanese government has steered Australia from ‘welfare liberalism’ to socialism.
Next port of call will be ‘statism’ before Labor reach their ultimate destination – communism.
I notice some commentators have been calling for the Government to penalty tax the very high profits being experienced in the minerals industry in recent years.
Instead of making money for taxpayers the Prime Minister decided instead to just destroy those profits, so the shareholders don’t get them, the tax man doesn’t get them, nobody gets them AND the taxpayers are paying $1.5bn a year in subsidies from our debt-financed budget.
$1.5bn over two years is only one percent of the household and small business electricity market, this measure is more public relations than realistic assistance.
One Nation will not be wedged on this payment. Borrowing money from Australians to give back to Australians is a pointless exercise. It literally transfers money from children to their parents.
Responsible parents do not fall for this.
It is a sugar hit that takes attention away from why electricity prices are so high.
Rising electricity prices come from several different aspects of the government’s net zero transition, which, for clarity is a transition away from cheap and reliable, coal baseload power to fairy tale, nature-dependent solar and wind power.
Treasury are projecting electricity prices will rise 36% next year. If passed this bill will reduce that rise 6.5%, and if the States cap the coal price this will save another 6.5%.
In any event electricity is still going up next year. Households can expect a rise of $420 using the Government’s own sums. A rise of 23%. Almost a quarter higher.
When these measures fail, and they will, the rise will be $650.
Today I submitted a motion for a document discovery on the modelling claiming the increase will be 23% not 36%. Including the element of any electricity price rise caused as a result of the Ukraine war.
I look forward to seeing this ‘modelling’
The Treasury Laws Amendment (Energy Price Relief Plan) Bill 2022 deals with gas only. The Albanese Government has dumped the coal price ceiling on to the states to avoid having to pay compensation.
John Howard’s government pulled that same bypass around the Constitution when he took property rights away from farmers to meet UN Kyoto targets without paying a cent in compensation to farmers.
The Albanese Government has joined John Howard’s government in destroying trust in Government, with the result Government must apply more and more coercive measures to govern.
Australia’s gas price has been a problem since the end of 2020. The government’s Australian Energy Regulator confirms the rise in gas prices started a full year before Russia invaded Ukraine.
Treasury and the Government spin doctors blaming Russia for electricity price rises is dishonest. Deceit.
Gas and coal price rises have resulted from the need to back up unreliable wind and solar with gas, combined with colder temperatures and a wind drought across Western Europe.
At the same time the idiots in power in Western Europe closed their coal and nuclear plants.
Gas became the only thing keeping their lights on.
Dishonestly blaming Russia instead of the correct cause – net zero energy deficits, will lead Australia down the same dishonest, inhuman path as Europe.
This bill quite simply fixes the wrong problem.
The war on coal has meant Australia cannot meet the world demand for coal and as a result prices are high, and market demand has switched to gas, those prices are now going up.
Australia has a coal and gas supply problem, not a price problem.
Australia must take the jackboot off the coal and gas industries and allow more production.
Rather than imposing old soviet-style controls on the gas industry under this bill, the Federal Government could have gone with a much simpler and less onerous option.
Western Australia has had a domestic gas reservation since 2006. This requires Gas extractors to reserve 15% of production for Australian domestic use.
This scheme has produced a gas price around $5 a gigajoule, which is production cost plus a fair profit.
Prime Minister Albanese could have used this system on a national level. He chose not to.
Instead, the Prime Minister has gone with old soviet-style legislation that will cost Australians twice as much for gas than a reservation system would have cost.
Why would they do that unless the reason for the legislation is not the price cap and is instead this bill’s industry control powers?
In two or three years’ time the public will be marching on Parliament House to protest electricity bills that are so out of control power that companies will be disconnecting people left right and centre.
Once the serious protests start this Government will reach for the permanent price controls in this bill to force coal and gas extractors to sell to electricity generators at next to nothing, just to save themselves.
There is a showdown coming in this place.
This morning Adam Bandt confirmed that the Greens and Teals are committed to eliminating the gas industry.
Hydrocarbons have lifted Australians and the world out of poverty. The Greens will cast our beautiful nation back to the dark ages.
Gas is essential to firming solar and wind, which means gas and coal are the only things keeping our lights on, our fridges running and industry functioning.
Without gas and coal the economy will be entirely reliant on nature dependent solar and wind power and battery backups that carry a price tag above $100bn and require renewal every 10 years.
Green energy is no energy. Eliminating gas and coal is insanity.
The Albanese Government’s proposal for a coal price cap will not reduce electricity bills and most likely, will increase them.
Coal plants buy their coal on long term supply contracts. The cost they are paying is not the spot price, it is much less.
The cap of $125 a tonne is above the contract supply price currently being paid at coal power stations, of $80 to $100 a tonne.
It is most likely that suppliers will increase their supply price of coal to $125, knowing that’s the safe limit.
A coal price rise is the most likely outcome from these measures.
A 6.5% fall is technically impossible. For the sake of argument let’s assume the price of coal in 2023 would have been $175 and is now $125 as a result of the cap.
Let’s have a quick look at the effect of that $50 a tonne reduction.
The energy density of coal is 6.7kw/h per kilo, which means one tonne of coal produces 6.7MW/h of electricity.
That’s enough to run 1600 homes in Queensland for a day.
So a $50 saving divided by 1600 homes….at the most simple level of analysis, this measure will save householders .3c a day on their electricity bills.
Not 6.5%, which is $110 a year, $11 a year.
Because coal fuel costs are a tiny portion of the coal-fired electricity price.
The Government’s measures are being sold with a deceitful public relations spin, hiding onerous, soviet-style powers that are the real reason for this legislation.
There’s another serious risk to our energy security this bill ignores – rising interest rates.
Six interest rate rises in 6 months under this Albanese Government.
Rising interest rates increase business overheads right across the energy industry.
Our electricity generation capacity must be replaced to meet ‘net zero by 2050’ – generators, transmission lines and a whopping $100bn bill for big batteries.
Rising interest rates are pushing up the capital cost of this replacement, as well as operating costs across the energy sector.
If this Government cannot get interest rates under control the outcome will be catastrophic for taxpayers and energy consumers.
There is a better way.
Even to the global warming believers One Nation’s plan can deliver cheap, stable baseload power without upsetting your sky god of warming.
All we have to do is
Stop closing coal power stations;
Build Collinsville power station and replace Liddell with modern Hele coal;
Transition Australia’s coal generators to modern HELE coal.
Transitioning to clean coal and ending government handouts for renewable fairy tale solar and wind power will dramatically reduce electricity bills.
It’s time to walk away from this net zero dumpster fire.
I call on the Senate to reject this bill and say no to soviet level powers that will inevitably backfire and cause an economic and social catastrophe.
One Nation has been right to oppose net zero madness for 25 years.
We will continue to be a voice of reason, bringing better solutions to this Parliament.
Solutions that will provide everyday Australians and the businesses they rely on with opportunity and prosperity for all.
We have one flag, we are one community, we are One Nation.
https://img.youtube.com/vi/NcoOHJamt_s/0.jpg360480Sheenagh Langdonhttps://www.malcolmrobertsqld.com.au/wp-content/uploads/2020/04/One-Nation-Logo1-300x150.pngSheenagh Langdon2022-12-15 16:07:582022-12-15 16:44:07Labor rams through communist style control over the gas industry
Today, after Pauline Hanson pointed out that power prices have risen 300% in two decades, the government tried to blame it all on Russia and Ukraine.
That doesn’t explain why power prices have gone up in the 20 years prior to Russia-Ukraine, but the large increases in wind and solar power does.
Transcript
The Ukraine conflict does not affect coal fired electricity prices in this country, because our domestic coal fired power stations have long-term price contracts. They are not subject to spot international prices. Fuel prices in coal fired generation are a tiny proportion. Secondly, no country transitioning to unreliable solar and wind has reduced electricity prices. Countries that increased solar and wind increased electricity prices every time. The relationship is approximately linear: more solar, more wind, higher prices.
Thirdly, CSIRO projections rely on applying favourable and unreasonable hurdle rates for investing in unreliable and expensive solar and wind costs. CSIRO cost assessments of solar and wind do not include construction costs of the roads, the bridges et cetera coming in, disposable costs every 10 to 15 years—which is three times for the equivalent life of a coal fired power station. New offshore turbines are so big that they have to build ships dedicated to moving them. The cost of the ships is not included. Batteries essential for continuity of supply in wind and solar are not needed for coal.
There is an extra $100 billion on solar and wind that is not included in the costings. Grid stability management due to wind and solar being unstable and asynchronous are not included in the costings. And transmission lines, because the distance from the generation sources to the cities where the customers are is so big that the transmission lines are estimated to be an extra $50 billion expense, are not needed for coal fired power. Why are solar and wind still subsidised? Who pays for these subsidies? It is the electricity users.
That’s what’s driving up, in part, our electricity generation costs.
https://img.youtube.com/vi/tjWm6HMsCyc/0.jpg360480Senator Malcolm Robertshttps://www.malcolmrobertsqld.com.au/wp-content/uploads/2020/04/One-Nation-Logo1-300x150.pngSenator Malcolm Roberts2022-11-29 07:49:232022-12-01 09:53:45Russia-Ukraine can’t be blamed for two decades of increasing power prices
The cost of everything is going up, but the Albanese Labor government is pouring more fuel on the fire by tipping billions into policies that will make electricity prices even higher. With more wind and solar in the grid than ever before power bills have never been higher. Time to give up on this pipe dream.
Transcript
President the Albanese Government’s behaviour goes well beyond a broken election promise to give cost-of-living relief. The Government is actively making inflation worse.
The inflation rate is 8% and will remain at 8% into the future, on the back of increases to energy prices. Electricity, gas, diesel and petrol are all inputs into every corner of our economy.
Forcing energy prices up to appease the sky god of warming will force up input costs right across our economy and lead to more inflation.
Weather-dependent solar and wind power will never provide baseload power. Doubling down on more solar and wind, before the added cost of changing out every wind turbine and solar panel with new ones before we even get to 2050 will lead to more inflation.
Taxpayers pay for these things twice: once in taxpayer subsidies to wind and solar and through higher inflation. Energy inflation.
Not only do we have a lack of wage rises, we have a lack of wages. Businesses are closing all over Australia as inflation wreaks havoc in the productive economy and energy costs drive manufacturing overseas.
This Government has no answers. We have just seen a child care bill that gives handouts to millionaires but fails to create a single job.
Failing to use government policy to create jobs while allowing 220,000 new migrants into Australia every year will create a pool of unemployed, resulting in reduced market power for labour. That can only mean lower wages, even before losing 8% a year off their pay packet through inflation.
One Nation believe the way to break the inflation cycle is a comprehensive root and branch review of the taxation system, to return bracket creep to wage earners while forcing big business, especially foreign corporations to pay their fair share.
Queensland Labor’s Health Department still mandates COVID injections for health professionals. Injection mandates must be abolished now. Let anyone who wants to work, work.
We are one community, one nation and Labor are a threat to breadwinner jobs.
https://img.youtube.com/vi/fnM1HJ-REX0/0.jpg360480Senator Malcolm Robertshttps://www.malcolmrobertsqld.com.au/wp-content/uploads/2020/04/One-Nation-Logo1-300x150.pngSenator Malcolm Roberts2022-11-23 18:19:002022-11-23 18:19:05Albanese pouring fuel on the cost of living fire
I remember when greenies hugged trees. Now greenies chop down trees and hug manufactured wind turbines made of concrete, steel, fibreglass and gearbox oil. 40 million tonnes of wind turbine blades destined for landfill by 2050. Wind power isn’t renewable.
Transcript
There’s nothing more galling than the sight of a 100 metre wind turbine slumped over. A smouldering aluminium & concrete corpse testament to wind power’s stupidity.
Even if a wind turbine fibreglass blade makes it through a 12 year operating life, the blade is still a global waste catastrophe.
Every year, Europe already adds 2 million blades filling landfills.
At the same time that we declared plastic straws an environmental sin, our beautiful planet has 40 million tonnes of wind turbine blades destined for landfill by 2050.
Every blade of every wind turbine installed to 2030 will be in a landfill by 2050.
So-called renewables need to be renewed every 10-15 years.
We’re not building our net-zero, nature-dependent generation once. We’re doing it twice over. Or three times. With all the waste this will bring.
This is environmental vandalism, killing the environment in the name of saving it.
I remember when greenies hugged trees. Now greenies hug manufactured goods composed of concrete, steel, fibreglass and gearbox oil. Greenies are resource hogs.
Recycling wind turbine blades is not impossible. It just takes a huge amount of energy for which coal is the optimum fuel. That’s why, without affordable coal energy, wind turbine blades and solar panels are dumped not recycled.
German wind farms kill 100,000 birds a year and unlike those killed in cities, these birds tend to be endangered species due to the location of turbines.
New model turbines are approaching 240 metres in height with blades close to 120 metres.
That will need a big hole to bury.
This is not ‘free’ energy and it certainly is not ‘renewable’.
Governments should not ‘force’ a technological transition. If wind technology was any good it would not be reliant on subsidies of $500,000 per turbine per year.
Real transitions – those that serve to benefit our community – happen naturally through market forces because they have natural economic or social advantages that meet people’s real needs.
We are one community, we are one nation and the United Nations & World Economic Forum’s net-zero is environmental vandalism.