Wednesday, March 6, 2024

"Your cowardice will only be your legacy. Nothing you do during your tenure, no piece of legislation, no project will ever matter if you cannot do this simple thing. You will only be remembered as the monsters who looked away and allowed it to continue"

When you think of who in the world could this woman be talking to or talking about, think of Mr. Chuck Fleischmann, Representative from Tennessee. 

In 1952, claims that smoking causes cancer caused Kent cigarettes to come out with an asbestos filter to “protect” its smokers

2:10.  And the culture in Australia went very complacent.  They had it too good for too long.  They got wealthy, they were the "Lucky Country," as the saying goes.  That essentially drove me away because I was being shut down and stopped from participating in the Bitcoin world, attending Bitcoin conferences, Bitcoin events, representing Swan Bitcoin, various things in the community.   I'm being shut up from that and I'm paying a very high tax for that privilege for being locked down.  It was very disappointing to me.  I've been a Libertarian for most of my life, since I was about 14 or 15 years old, and so if you would ask me before this hysteria I would have very much said "Oh, hey, come to Australia.  It's a great country.  The taxes aren't great, but overall it's pretty free and the people are nice.  It's good.  But from 2020 onwards, that all changed.  

SPEAKER JOHNSON CHANNELS RON PAUL: "We are going to cut 3% from DOJ, 7% from the ATF, 6% from the FBI, and 10% from the EPA."

ALEX NICOL: What a lot of people don't understand is that the Renewable Energy Act creates a subsidy environment where if you build wind turbines you are paid between $600,000 and 900,000 per turbine per year as a subsidy alone.

So they pay $12,000 to the farmer, but they get $600,000?  
So, he gets $12,000 a year, but if anything happens to it he's got to fix it?  

Yeah when they catch on fire, they're responsible for their neighbor's property going up in smoke.  That kind of thing.

Alex Nicol.

Alex, now, you used to work for the federal government.

I did, yeah, for 7 years.

Doing what?

I was policy advisor for a liberal party senator.

Until you were saying that you were working about the windmills? 

Yes, the area that I was working in was renewable energy, and basically it was my job to uncover a lot of the stuff that was going on with renewable energies equipment that was put in in 2002 during the Howard government.  That was the Liberal Party put there in place, and I was looking at the mess that it had created.  What a lot of people don't understand is that the Renewable Energy Act creates a subsidy environment where if you build wind turbines you are paid between $600,000 and 900,000 per turbine per year as a subsidy alone.  

Well, if it's on your property?

No.  What happens is that the wind company comes in and leases they pay a lease to the farmer to build the wind turbine and that in effect makes sure that the farmer is still liable for the turbine and they pay a lease of $12,000 a year usually and the company gets paid between $600 and $900,000 per turbine per year.

So they pay $12,000 to the farmer, but they get 600,000?

Exactly.

Per turbine . . .  

Yep.

This is a big incentive to put in turbines.

Yeah, and the landowner takes the liability for the turbine.

So, he gets $12,000 a year, but if anything happens to it he's got to fix it.  

Yeah when they catch on fire, they're responsible for their neighbor's property going up in smoke.  That kind of thing.

Woooow.

And effectively that money, that that subsidy getting paid to the wind farms is draining $40 billion a year out of the Australian economy and it's paid by everyone, householders, schools, hospitals, everything, everyone.  It's not just coming out of your tax, it's coming out of your power bill.

Is this why power bills are going up? 

That's why power bills are going up . . . 

So power bills are going up to pay for wind turbines that don't work?

Exactly.

And why don't they work? 

They don't work because for a start they draw power off the grid so they have to have coal-fired power in order to turn.  They're not windmills, they're turbines.

Sorry, what do you mean, the power to turn, we see them turning . . . that's not the wind that's powered generating turning?

Essentially.  They have to draw power off the grid, so they have to draw coal-fired power off the grid in order to turn.  What happens when the wind picks up, they do start to create electricity of their own but that electricity is so intermittent and unreliable that when it gets back to the grid it has to be balanced on the grid which you can't do with your coal-fired power station, you can't ramp your coal-fired power stations up and down.  So the coal-fired power station stays at the same level because it takes 24 to 48 hours to get up to heat anyway, just let off steam as the wind comes on to the grid so there's absolutely nothing about them that works apart from draining that amount of money out of the Australian economy and it's going offshore.

That money's going offshore . . .