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Wholesale electricity prices up already (Read 6588 times)
lee
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Re: Wholesale electricity prices up already
Reply #75 - May 26th, 2019 at 7:33pm
 
freediver wrote on May 26th, 2019 at 7:13pm:
Do I really have to explain it to you Lee?



yes petal. You have made a claim. Back it up with real world experience.

freediver wrote on May 26th, 2019 at 7:13pm:
You wouldn't. Way to completely miss the point lee.


You are the one saying it can be reduced 100%. Wink

freediver wrote on May 26th, 2019 at 7:13pm:
No Lee, that is not what it means.


It is precisely what it means. Or do you mean a sceptics bias would not allow that but a warmist knows no such bias? Grin Grin Grin Grin Grin

freediver wrote on May 26th, 2019 at 7:13pm:
Here's a good start:

http://www.ozpolitic.com/green-tax-shift/economics-hopeful-science.html


Oh the  reference you posted that is so out of date. And no where do they say it is "the best".  We covered that quite a while ago. Forgotten have you?

freediver wrote on May 26th, 2019 at 7:13pm:
Have you found an economists who disagrees yet?


So you don't believe the Conversation that MOST economists favour a tax on Carbon Dioxide? But even then that doesn't say it is the best. Wink

"Of all the myths surrounding a carbon tax, the greatest is the foundational claim that an increase in the price of fossil fuels will lead to major reductions in carbon emissions, thereby saving the world from the perils of climate change. Yale University’s William Nordhaus, a 2018 Nobel Prize winner, argues in The Climate Casino that a “sharp price rise” is needed to “choke off” growing carbon emissions.

Gasoline price history in North America suggests the choke-off theory is at least debatable and more likely unsupportable.

In the United States, the price of gasoline soared more than 60 per cent to US$3 a gallon during the 1970s and went through another price burst to almost $4 a gallon in the early part of the 21st century. Increases of that magnitude — up to $2 a gallon — are equivalent to imposing a carbon tax of $160 a tonne. But U.S. consumption of gasoline declined only slightly, and for other reasons (see graphic).

In Canada, gasoline consumption has grown steadily over the past 40 years despite bouts of severe price increases that were equivalent to carbon taxes of up to $500 a tonne (see graph).

The reason high prices/taxes don’t produce dramatic cuts in demand is well-known. Study after study has concluded that gasoline is dominated by what economists call “price inelasticity.” People do not change their behaviour in the face of rising prices when the product is essential to their economic success. There are some recent counter-studies, but it is clear that the market-price theory is still highly theoretical."

https://nationalpost.com/opinion/carbon-tax-smackdown-terence-corcoran-says-high...
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juliar
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Re: Wholesale electricity prices up already
Reply #76 - May 27th, 2019 at 7:03pm
 
The Carbon Tax is a SCAM invented by the UN Club of Rome and its sole purpose is to move wealth from rich nations to poor nations.

It has NOTHING WHATSOEVER to do with the CLIMATE CHANGE SCAM and harmless helpless Carbon Dioxide. That is just bulldust to fool the gullibles. And there a quite a few of those here.

What ScoMo needs to do is to move the subsidy away from the useless renewable rubbish which only works about 4 days a week and transfer it to HYDROGEN production to reduce Australia's security risk on importing all its fuel from Sth Korea.
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