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These are facts you can't argue against and Palmerston North property owners have PNCC and Mighty River Power, a commercial arm of the Government, to thank as the country heads into what could turn out be a protracted depression. The year on year decline in real estate values is even more telling when you consider that the city is strategically located as a transport hub, has a university, an International College, two military bases and a variety of research centres.
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Wind power is a complete disasterPosted: April 08, 2009, 7:29 PM by NP Editor
wind power, Michael J. Trebilcock
By Michael J. Trebilcock
wind power, Michael J. Trebilcock
By Michael J. Trebilcock
There is no evidence that industrial wind power is likely to have a significant impact on carbon emissions. The European experience is instructive. Denmark, the world’s most wind-intensive nation, with more than 6,000 turbines generating 19% of its electricity, has yet to close a single fossil-fuel plant. It requires 50% more coal-generated electricity to cover wind power’s unpredictability, and pollution and carbon dioxide emissions have risen (by 36% in 2006 alone). Flemming Nissen, the head of development at West Danish generating company ELSAM (one of Denmark’s largest energy utilities) tells us that “wind turbines do not reduce carbon dioxide emissions.” The German experience is no different. Der Spiegel reports that “Germany’s CO2 emissions haven’t been reduced by even a single gram,” and additional coal- and gas-fired plants have been constructed to ensure reliable delivery.Indeed, recent academic research shows that wind power may actually increase greenhouse gas emissions in some cases, depending on the carbon-intensity of back-up generation required because of its intermittent character. On the negative side of the environmental ledger are adverse impacts of industrial wind turbines on birdlife and other forms of wildlife, farm animals, wetlands and viewsheds.Industrial wind power is not a viable economic alternative to other energy conservation options. Again, the Danish experience is instructive. Its electricity generation costs are the highest in Europe (15¢/kwh compared to Ontario’s current rate of about 6¢). Niels Gram of the Danish Federation of Industries says, “windmills are a mistake and economically make no sense.” Aase Madsen , the Chair of Energy Policy in the Danish Parliament, calls it “a terribly expensive disaster.” The U.S. Energy Information Administration reported in 2008, on a dollar per MWh basis, the U.S. government subsidizes wind at $23.34 — compared to reliable energy sources: natural gas at 25¢; coal at 44¢; hydro at 67¢; and nuclear at $1.59, leading to what some U.S. commentators call “a huge corporate welfare feeding frenzy.” The Wall Street Journal advises that “wind generation is the prime example of what can go wrong when the government decides to pick winners.”
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Click this link for the full story and some perceptive and professional comments..
NB
Michael J. Trebilcock is Professor of Law and Economics, University of Toronto. These comments were excerpted from a submission last night (7/4/09) to the Ontario government’s legislative committee On Bill 150.
More people are waking up to what has been happening to the "climate", see this link submitted to this website by a very concerned city resident.
Viscount Monckton a world authority on climate change has set a scientific standard that alarmists can not rebut.
On March 25th 2009, Christopher Monckton gave testimony before the US House Committee on Energy and Commerce. That testimony gave rise to a letter to both Democrat Ed Markey and Republican Joe Barton, members of the committee. The letter has been posted here,
and is essential reading for all decision makers, in particular the Turitea Board of Enquiry. To claim that this wind farm will influence climate change is simply nonsense spouted by " rent seekers" exploiting the public's scientific and technological ignorance.
But wait there's more!
Scientists at Singapore's Institute of Bioengineering and Nanotechnology (IBN) have succeeded in unlocking the potential of carbon dioxide – a common greenhouse gas – by converting it into a more useful product. ( NB: Water vapor constitutes Earth's most significant greenhouse gas, accounting for about 95% of Earth's greenhouse effect - CO2 is insignificant, see
In the international chemistry journal Angewandte Chemie, the IBN researchers report that by using organocatalysts, they activated carbon dioxide in a mild and non-toxic process to produce methanol, a widely used industrial feedstock and clean-burning biofuel. 16/4/09
There is a problem with "green" jobs.
Green Stimulus Money Costs More Jobs Than It Creates, Study Shows, April 13, 2009 By Josiah Ryan, Staff Writer
(CNSNews.com) - Every “green job” created with government money in Spain over the last eight years came at the cost of 2.2 regular jobs, and only one in10 of the green jobs created became a permanent job, says a new study released this month that also draws parallels with the green jobs programs of the Obama administration.
(CNSNews.com) - Every “green job” created with government money in Spain over the last eight years came at the cost of 2.2 regular jobs, and only one in10 of the green jobs created became a permanent job, says a new study released this month that also draws parallels with the green jobs programs of the Obama administration.
Click this link for the full story. (also posted as a comment - New Zealand is about to make the same mistake here with Turitea disaster if it is approved )
Cost of renewable energy soarsat the same time as more cheap gas reserves are discovered in NewZealand.See the second comment below for the report by Garry Sheeran published 12/4/09 in the
Sunday Star Times.Building plans outrage````````````````````````
A council decision to grant a resource consent to a developer, involving land termed "undevelopable", could see neighbouring residents lose hundreds of thousands of dollars on their property value.PNCC really looks after its citizens. If people think this is bad news for the real estate market, just wait until the turbines go up. Check out this link, which is also posted as the third comment.
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