What Coal Price Surge? Climate Council Predicts 20,000 Jobs to Go

Guest essay by Eric Worrall

In the midst of an unprecedented surge in coal price and demand, Climate Prophet Tim Flannery’s Aussie Climate Council has urged Australia to shut down the coal industry, to protect jobs.

JOBKILLER: AUSTRALIAN CLIMATE INACTION PUTS 20,000 NSW JOBS AT RISK FROM CARBON TARIFFS

A NEW REPORT released today by the Climate Council finds the lack of federal government climate policy exposes the nation to serious economic consequences – including 20,000 jobs at risk in New South Wales – from carbon border tariffs.

Markets are moving: the economic costs of Australia’s climate inaction was authored by Climate Councillor Nicki Hutley, a former partner at Deloitte Access Economics.

Ms Hutley said: “The world is responding to the climate crisis and carbon border tariffs are now inevitable. Australians will pay the price unless the federal government cuts our national carbon emissions in line with our major trading partners – and NSW will be disproportionately affected.

The European Union announced a Carbon Border Adjustment Mechanism (CBAM) in July 2021. Ms Hutley said the new modelling by economists at Victoria University shows Australia will experience a cut to our Gross Domestic Product (GDP) as a result. 

If South Korea, China and the Group of 7 follow suit, New South Wales will be heavily impacted due to the dominance of targeted exports – particularly coal. Under the above scenario, the state is projected to lose around 20,000 jobs and more than $5 billion in Gross State Product.

“The federal government should be getting out in front, and putting support for regions affected in place. The new, low-carbon economy is coming and we urgently need a transition plan in place for Australian communities and workers”, said Ms Hutley.

Read more: https://www.climatecouncil.org.au/resources/jobkiller-australian-climate-inaction-puts-20000-nsw-jobs-at-risk-from-carbon-tariffs/

The full report, which hilights coal exports as their main point of concern, is available here.

Back in the real world, coal prices are soaring as nations scramble to recover from a green energy fantasy induced global energy shortage.

Gripped by Energy Crisis, Europe Considers Breaking Climate Promises and Turning to Coal

BY DARRAGH ROCHE ON 10/9/21 AT 10:40 AM EDT

Europe is in the grip of an energy crisis amid rising prices for natural gas, increased demand for fossil fuels and the approach of the winter that will make access to fuel even more urgent.

The price of natural gas on the continent has risen sharply over the past year with the European benchmark up nearly 600 percent as of Thursday and the European Union(EU) seeking more gas supply from Russian energy firm Gazprom, which is already Europe’s largest supplier, providing 35 percent of the continent’s needs.

The price fell on Thursday to $120.79 per megawatt-hour (MWh) after Russian President Vladimir Putin said the country could sell gas to European spot buyers through its domestic market. The previous price was $134 per MWh on Tuesday.

Rising costs have been driven by increased demand in Asia and other parts of the world as economies reopen after shutdowns during the COVID-19 pandemic. The ongoing difficulties with gas supply and costs have reopened questions about the use of coal.

Read more: https://www.newsweek.com/gripped-energy-crisis-europe-breaking-climate-promises-coal-gas-1637291

What can I say – bad timing guys. If the Climate Council had released their ridiculous report a few months ago, it might have been well received. But right now, as the energy crisis bites, and desperate nations openly consider ditching climate targets to keep people warm in winter, a report demanding the end of coal just makes them look like fools.

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Oldseadog
October 13, 2021 2:22 am

It doesn’t make them look like fools, it proves that they are fools.

Mike Lowe
Reply to  Oldseadog
October 13, 2021 3:00 am

Soon to be confirmed during their attendance at Glasgow!

Ron Long
Reply to  Mike Lowe
October 13, 2021 3:39 am

Glasgow would welcome idiots like the Aussie Climate Council, because it appears they are the third highest country generating renewable energy in the European Union. That claim is a clever lie, however, as only 15 to 30% of Glasgow energy is generated locally, the rest is imported, and is generated mostly with fossil fuels. Glasgow is the prefect place for a meeting of clever liars.

Alba
Reply to  Ron Long
October 13, 2021 4:45 am

Not wishing to contradict you but could you supply the source of your figures?

Ron Long
Reply to  Alba
October 13, 2021 11:35 am

Try google or duckduckgo, easy to find the numbers. Glasgow has put forth numbers of how much of their generated electricity is renewable, but the reality is the great majority is imported, and the majority of the imported electricity is generated with fossil fuels. Alba, here’s what I do when reading WATTS, if there is a theme I want to review and verify, I click on next window to open, then start an internet search for what appears to be actual data, review it, then go back to the WATTS theme. This process requires introspection.

griff
Reply to  Ron Long
October 13, 2021 6:46 am

Renewables produced the equivalent of 97.4% of Scotland’s electricity consumption in 2020

Renewables met 97% of Scotland’s electricity demand in 2020 – BBC News

observa
Reply to  griff
October 13, 2021 7:53 am

The old pea and thimble trick there griff-

In 2019 Scotland met 90.1% of its equivalent electricity consumption from renewables, according to Scottish Government figures.

Notice the weasel word ‘equivalent’ as they dump their unreliables on the UK grid whilst coal gas and nuclear elsewhere pick up the overall insurance tab? Scotland is nowhere near 90.1% self reliant for power on their windmills although they have plenty of legacy hydro that made economic sense at the time.

Greg
Reply to  observa
October 13, 2021 9:28 am

What’s legacy and “at the time” about?
Aren’t they using the hydro to store excess wind power? I’d heard there was plenty of time when they are payed to shut down turbines because there’s a glut of production and stupid rules pay them to NOT produce anything. ( FAKE simulated profitability ).

Iain Reid
Reply to  Greg
October 13, 2021 11:27 pm

Greg,
I don’t think there is much pumped storage in Scotland, it’s mostly standard hydro generation.
The reason wind is sometimes curtailed is due to the fact that Scotland has built too much wind capacity for the infrastructure, i.e. the transmission lines, to carry when wind is strong.
As a point of general design of any electrical system, maximum efficiency is where the supply and the load are close to each other. The greater the distance the power travels the less efficient it is.
If Scotland was not connected to the U.K. grid it would have problems with such an over capacity of wind generation.

Oldseadog
Reply to  griff
October 13, 2021 12:29 pm

C’m on, griff, “this is from the BBC so it must be true”. Aye, right.

It is not possible. During 2020 there were several periods during which there was hardly any wind, and several periods when there was so much wind that the windmills had to be feathered so that they didn’t destroy themselves by spinning too fast.
The weasle word “equivalent” is the key to the whole scam, and the Tartan Bander-log (McBander-log?) know this perfectly well.
But to winkle out the real data will be very difficult if not immpossible.

Clyde Spencer
Reply to  Oldseadog
October 13, 2021 3:51 pm

Reliability may be 99.99% but if there is a shutdown during open heart surgery, it might be rather important to the patient — especially if anyone were stupid enough to ban the sale of backup generators.

Ron Long
Reply to  griff
October 13, 2021 1:08 pm

griff, you need to watch the tendency of the CAGW crowd to use weasel words to mislead the gullible. Scotland generates 15% of its electricity in Scotland, sure, the majority of this by “renewables”, but Scotland imports 85% of its electricity, and guess what? This imported electricity is mostly produced by fossil fuels and somewhat by nuclear.

ATheoK
Reply to  griff
October 13, 2021 2:32 pm

“Renewables produced the equivalent of 97.4% of Scotland’s electricity consumption in 2020

Renewables met 97% of Scotland’s electricity demand in 2020 – BBC News

If that is the case, then COP26 should refuse all fossil fuel energy and transportation.

All transportation at COP26 should be by walking, cycling, running or Electric Vehicle.

Preferably, all air travel is refused in or around Glasgow. Attendees that require air travel due to oversea locations should fly into a different town/city and take EV transportation or fossil fuel free transportation to Glasgow.

All fossil fuel energy feeds into COP26 must be turned off. Only renewable energy supplies are allowed.

Accepting imported mixed energy is banned as fossil fuels contribute to those import electric feeds.

Richard Page
Reply to  griff
October 13, 2021 2:37 pm

Delusional Griffy. On average, Scotland produces around 25-30% of it’s energy consumption from renewables and less than 5% of it’s heating – figures from Glasgow council if you wish to check. Meanwhile over 25% of Scottish households are in fuel poverty and businesses have been leaving Scotland to relocate to England, Wales and N. Ireland. It’s not looking good for them, is it?

Streetcred
Reply to  griff
October 13, 2021 3:10 pm

… ’cause I read it in the BBC News !

LdB
Reply to  Mike Lowe
October 13, 2021 6:44 am

Hey Xi Ping won’t be at Glasgow so perhaps all the activists need to travel to China and protest … Come on Griff and Nycoli the planet depends on you.

Editor
Reply to  Oldseadog
October 13, 2021 4:40 am

“t” not “f”.

Bryan A
Reply to  Mike Jonas
October 13, 2021 6:46 am

I was thinking similarly
Fools or Tools
Or Tools of Fools

fretslider
October 13, 2021 3:00 am

“Tim Flannery’s Aussie Climate Council has urged Australia to shut down the coal industry, to protect jobs.”

Or to put it another way,

“Tim Flannery’s Aussie Climate Council has urged Australia to throw a lot of people out of work to protect jobs.” According to the Australian Bureau of Statistics coal mining employs around 37,800 people. 

What will they do? Learn to code? Fit insulation in the UK?

It isn’t a million miles away from burning the village to save the village.

nankerphelge
Reply to  fretslider
October 13, 2021 3:12 am

No one ever says this but Solar Panels need to be cleaned and regularly. So go from a Continuous Pipeline Welder to a Solar Panel cleaner ain’t a career move!

Spetzer86
Reply to  nankerphelge
October 13, 2021 5:58 am

That’ll work a trick in a country routinely in deep drought status! Cleaning the panels will likely become a very expensive service.

DMacKenzie
Reply to  Spetzer86
October 13, 2021 9:46 am

All you have to do is pass a law for a minimum wage of say $100 per hour for cleaning solar panels, paid by tax$, and everyone will stay home to clean their panels, install new ones, politicians can run on increasing the minimum wage… Voila!….the green economy….

LdB
Reply to  fretslider
October 13, 2021 6:38 am

That is direct jobs there are another 80,000 in engineering and administration services 🙂

Kill 100K jobs now to save 20K later only a greentard could think that is a good idea.

Greg
Reply to  LdB
October 13, 2021 9:30 am

The greenie does not have a job, so nothing to lose.
Killing other people’s jobs is all about “equity” of outcome.

Last edited 7 days ago by Greg
ih_fan
Reply to  fretslider
October 13, 2021 11:03 am

Lay off 37,800 people to protect 20,000 existing jobs. Sounds like climate math to me.

Ed Zuiderwijk
October 13, 2021 3:47 am

What is a ‘Climate Council’ and what on Earth could be a ‘Climate Councillor’?

fretslider
Reply to  Ed Zuiderwijk
October 13, 2021 4:23 am

Lateral thinking time…

Welcome to Creative Climate Counselling

https://www.creativeclimatecounselling.com/subpage/services/areas-of-specialty/

Zig Zag Wanderer
Reply to  Ed Zuiderwijk
October 13, 2021 5:43 am

What is a ‘Climate Council’

I think it’s a bunch of kooks that used to be funded by our tax dollars, but were sacked, so they set up on their own with champagne socialist funding, pretending to be relevant.

LdB
Reply to  Zig Zag Wanderer
October 13, 2021 6:39 am

+1000
Wonder if Nick Stokes ever joined them?

Trying to Play Nice
Reply to  LdB
October 14, 2021 3:24 am

Maybe he changed his name to Griff when he retired.

Megs
Reply to  Zig Zag Wanderer
October 13, 2021 5:21 pm

Tim Flannery has cost the Australian taxpayers billions of dollars over decades as a government adviser on climate and associated technology recommendations. Non of his predictions on climate have come true and his recommended technology has failed miserably. The Climate Council carries the Australian Government logos, yet calls itself an independent body. Our community formed an organisation to fight renewables. On the basis of a paper we wrote and submitted against a climate bill that federal member Zali Steggall put forward in January, we were invited to speak at a parliamentary hearing in Canberra. Out of thousands of submissions, only a handful were chosen to speak. The bill did not go forward.

There are rumours that’s she’s looking to resubmit this bill and I hope that it gets more attention than State minister Matt Kean’s energy bill. Mark Latham was the only politician who took the time to fight against the bill so it was passed. As a direct result Renewable Energy Zones have been established and our community will now have rolling wind, solar and battery projects over many years. We are up to proposals covering 122 square kilometres of prime agricultural land! All this starting from 4 kilometres of our town. Just ‘one’ of the projects so far has indicated that we will have 70 to 90 large trucks making the trip to the Port, 300 kilometres away ‘every day’ of the 34 month project, and up to 130 during peak times. A 600 kilometre return journey, for each truck! This alone makes a farce of the whole saving CO2 scam. There are many regional towns going through this.

Anyway, the crux of this story is that part of Zali Steggall’s proposed bill is to nominate an ‘independent body’ to be appointed autonomously, that would have the power to make decisions on climate issues without government consultation.

Not hard to work out who that independent body would be. And you can bet that some of those involved will tell you that 97% of scientists agree, and the hockey stick will help prove it. Trust the science. After all Australia, these fine people have been advising our government for decades, without question.

DMacKenzie
Reply to  Ed Zuiderwijk
October 13, 2021 9:52 am

It will be an elected position based on promised setting of the CO2 thermostat. Starting at a lower setting to reduce the perception of global warming, but after a few decades, setting the world at about the average temperature of Singapore due to voter expectations…./s

Alba
October 13, 2021 4:43 am

Ms Hutley said the new modelling by economists at Victoria University shows Australia will experience a cut to our Gross Domestic Product (GDP) as a result. 
Modelling, modelling, modelling. Who cares about what models show?

Greg61
Reply to  Alba
October 13, 2021 5:37 am

Especially now that Victoria’s Secret is going with wokeness in selecting their models – trans people, heavy people.

Pamela Matlack-Klein
Reply to  Greg61
October 13, 2021 9:09 am

Oh yeah, that will work. Victoria’s Secret stuff is all made for very slender girls persons, it doesn’t fit heavy persons, The same for La Perla. Guess it never occurs to these companies that there are persons who are not slender who also want to wear pretty things under their outerwear.

Zig Zag Wanderer
Reply to  Alba
October 13, 2021 5:40 am

Who cares about what models show?

I care what models show. Victoria’s Secret models in particular…

Last edited 8 days ago by Zig Zag Wanderer
Pamela Matlack-Klein
Reply to  Zig Zag Wanderer
October 13, 2021 9:11 am

Hmmm…will you still care when Victoria’s Secret switches over to the woke version of lingerie models?

Richard Page
Reply to  Pamela Matlack-Klein
October 13, 2021 2:43 pm

Of course – it’s the progressive thing to do, don’tcha know? Half of the Victoria’s secret models will have to be physically male soon on a purely equitable basis, either that or they’ll all have to be replaced by robots. Enjoy looking at the pictures then, Zig Zag Wanderer!

TonyG
Reply to  Richard Page
October 13, 2021 4:10 pm

They’re already getting started. The Angels are being replaced with “VS Collective” (what was that other “collective”?)

https://twitter.com/sapna/status/1405270760994709505

Peta of Newark
October 13, 2021 4:47 am

I’ve just had one of those really crazy and far out blue sky thoughts (its cloudy here in Maltby, famous for its colliery actually), so it’s probably the insane 16 Celsius heat that’s got me, or has that wind giv me meegrane?

No matter me, maybe, THAT was The Plan = setting off an insane rumour about Climate, letting unintended consequences run their course and BINGO = epic extra Tax Revenue
cute huh?

Hellaby 131021.JPG
Zig Zag Wanderer
Reply to  Peta of Newark
October 13, 2021 5:48 am

I’ve just had one of those really crazy and far out blue sky thoughts

A day in the life for Peta, then…

fretslider
Reply to  Zig Zag Wanderer
October 13, 2021 6:03 am

A day out to Rotherham must be a real treat.

Richard Page
Reply to  fretslider
October 13, 2021 2:46 pm

I went to Rotherham once, by mistake – but managed to escape after a few hours!

ResourceGuy
October 13, 2021 5:40 am
griff
Reply to  Eric Worrall
October 13, 2021 6:49 am

No – climate change is hammering them with floods

Editor
Reply to  griff
October 13, 2021 7:17 am

This Day in History: The Central China Floods of 1931

This is before the magic 1950 date line……, where only up to 4 MILLION died from the flooding and its aftermath.

Yes history does exist before 1950……

jtom
Reply to  Sunsettommy
October 13, 2021 10:00 am

What stuns me is they have the gall to say they have no idea why earlier weather extremes happened, but they have ruled out everything but carbon dioxide emissions for the present ones.

If you can’t reasonably explain the past, using natural variables, you cannot assume you understand those variables sufficiently today.

Pathway
Reply to  griff
October 13, 2021 7:47 am

Stuck on stupid.

Alex
Reply to  griff
October 13, 2021 9:33 am

Climate cycles are nasty things. The universe is composed of rotating bodies rotating around other bodies which in turn rotate in a mass of rotating systems going ’round a black hole. Everything is rotating. From subatomic particles to the most massive constellation in the universe. Climate Change is a bit…..

H B
Reply to  griff
October 13, 2021 1:33 pm

The “mandate of heaven” the CCP must go even the gods say so
gGo to it up griffi commie it makes more sense than your BS

ATheoK
Reply to  griff
October 13, 2021 2:54 pm

Weather again!?

Weather that consists of rain/floods in a massive flood plain that didn’t get washed that deep by warm beer?

Weather caused floods that have happened repeatedly every few years across China’s thousands of years of recorded history?

That’s akin to claiming the sun rises and sets because of climate change, Global Warming, Catastrophic Global Warming, Catastrophic Anthropogenic Global Warming!

You are such a doofus, giffiepoo.

Clyde Spencer
Reply to  griff
October 13, 2021 3:57 pm

Have you no shame? Floods are nothing new to the Chinese.

Oldseadog
Reply to  griff
October 14, 2021 3:09 am

No, griff, the weather is hammering them with floods as usual for that part of the world.

PaulH
October 13, 2021 6:26 am

Nicki Hutley and the rest of the Climate Council will never miss a paycheck, so why would they care if they throw 20,000 people out of work?

LdB
Reply to  PaulH
October 13, 2021 6:40 am

That is 20K fictional jobs by sacrificing 30K direct and 80K indirect real ones

griff
October 13, 2021 6:49 am

There’s a shortage of available coal this year for existing power stations…

but China excepted, the number of coal power stations worldwide is dropping as is the pipeline of new coal plant.

what’s the market outside China 5 years from now?

LdB
Reply to  griff
October 13, 2021 7:36 am

Huge 🙂

Nothing is expected to change prior to 2040 … You need a miracle at COP26 Griff

Last edited 8 days ago by LdB
LdB
Reply to  griff
October 13, 2021 7:52 am

I looked up the numbers for this year for you Griff

LNG exports will rise from $30bn last year to $56bn in 2021-22, with met
coal export earnings climbing from $23bn to $33bn and thermal coal up
from $16bn to $24bn.

So reverse the question and you try answering, given above why would a country get out of the market until it dies?

Last edited 8 days ago by LdB
Dave Andrews
Reply to  griff
October 13, 2021 9:28 am

But griff you apparently didn’t notice that between 2000 and 2020 the world DOUBLED its coal fired capacity to around 2045GW after explosive growth in China and India and those plants have a long life ahead of them. (Source Carbon Brief)

Last edited 7 days ago by Dave Andrews
Richard Page
Reply to  griff
October 13, 2021 2:51 pm

Lying delusional Griffy. “There’s a shortage of available coal this year for the vastly increased number of power stations….” You know full well that the use of the word ‘existing’ in your sentence was a complete lie, don’t you? You need a time out on the naughty step for lying to everyone Griffy.

Clyde Spencer
Reply to  griff
October 13, 2021 4:00 pm

what’s the market outside China 5 years from now?

Until there is a viable alternative to the unreliable technology of so-called renewable energy, there will continue to be a demand for coal and other fossil fuels.

Jim Gorman
October 13, 2021 7:35 am

I’ll be honest, I don’t see how tariffs are going to do anything but hurt the nation’s that impose them. Tariffs always result in a tit for tat response. It’s the little guys that always end up paying more than they would have without the tariffs. Only the government’s profit thru indirect taxes, i.e., tariffs.

LdB
Reply to  Jim Gorman
October 13, 2021 7:42 am

Australia has trade deficits with all the countries that would impose tarriffs which makes import from those countries more expensive and less desirable …. please impose the tarriff.

YallaYPoora Kid
October 13, 2021 3:21 pm

Courtesy of Joanne Nova:

In the next ten years, Australia will close a couple of coal plants, while Africa will build 1250

https://joannenova.com.au/2021/04/africa-to-double-coal-fired-power-by-2030/

The usual suspects financing and building these power stations

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