Tuesday, October 12, 2021

Having a normal one in Aussie wingnut land (climate change and energy edition)

This comment appears at one of the offspring blogs of dead Catallaxy after a fairly ordinary (that is, by Rafe standards) post whinging about renewable energy:

Meanwhile, the rest of us are agog at how the Murdoch press has turned on a dime, no doubt confusing/dismaying its rusted on readers:

 


I haven't seen much on Twitter about how Sky News is covering this, only this, also from Kevin:

So, Murdoch is trying the tactic of populist anti-climate change advocacy on Sky News, while trying to convince readers in the most populist titles of print that its real and the government just has to act.  

How's that meant to make sense?   When can we expect the Sky News hosts to start attacking the editorial line taken by their companies print editors?    

And as for the government line, Katherine Murphy was nice and scathing on the weekend:

Keith Pitt, the resources minister, made headlines this week when he opened the boondoggle bidding on net zero. Pitt told Phil Coorey at the Australian Financial Review if Scott Morrison wanted agreement from the Nationals on a net zero target ahead of the Glasgow climate conference, he should put $250bn on the table.

Yes, that’s “b” for billion.

According to Pitt, if this transition was actually on, Australians taxpayers should bear the risks. Pitt floated a cartoonishly bad idea where taxpayers would underwrite the financing and insurance of fossil fuels – including for overseas-owned companies – all because naughty Australian banks weren’t inclined to make bad bets.

If you’ve missed Pitt’s parable of the bad banks, let’s recap that quickly: bad banks are now more interested in virtue signalling to their obnoxiously woke inner-city clientele than backing salt-of-the-earth fossil fuel projects in the regions.....

But before anyone could say Venezuela, Pitt’s Queensland Nationals colleague Matt Canavan – a former Productivity Commission economist now apparently estranged from capitalism – was out and about with a different parable.

Canavan told a mildly startled Kieran Gilbert on Sky News that Australians should be prepared to pay higher interest rates in order to stare down international financiers managing carbon risk in global markets. Canavan’s Big Idea™ was actually wilder than Pitt’s, but it attracted significantly less attention.


1 comment:

Not Trampis said...

The Nationals are complaining the Regional areas will be hit by a net zero emissions policy yet the BCA says they will gain.
Stupid is as stupid does