The Staggering Cost of Pointless Wind Power: Can Australia Avoid Economic Suicide?

stopthesethings's avatarSTOP THESE THINGS

June 2015 SA

South Australia has earned the unenviable title of Australia’s ‘Wind Power Capital’.

For its sins it has seen power prices rocket (the forward price, at $90 per MWh is more than double its neighbour Victoria’s) and unemployment with it: worse is yet to come, on both scores. Then there’s the grid instability and state-wide blackouts that come with routine, total and totally unpredictable wind power output collapses (see above).

SA’s few remaining heavy industries – such as Whyalla’s Arrium Steel Smelter and Port Pirie’s Nyrstar Smelter – are terminal, and begging for taxpayer bail-outs.

It’s already an economic basket case, dependent on Federal Government subsidies to build submarines and other naval vessels. By reference to its ham-fisted economic management, the choice made by its Labor government to throw all to the wind probably seemed like a clever one, back in 2002.

But, economics has a mean way…

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“Quality problems”

Michael Reddell's avatarcroaking cassandra

Sometimes I find the Prime Minister’s claims about the New Zealand economy, and Auckland, almost breathtaking.  There is an insouciance about them that almost defies belief. They certainly defy data.

In a speech to an Auckland business audience yesterday –  there is a report here, and also video footage –  the Prime Minister repeated his breezy claims that Auckland’s “challenges” around housing and transport are “a quality problem”, and a “sign of success”, and that both the city and the country are doing “incredibly well”.

Perhaps that is how it appears when you are already wealthy, live in a large house in a prime inner suburb, and have a taxpayer-provided chauffeur at your constant disposal.  Neither housing nor traffic problems must impinge terribly much.

I’ve commented on a lot of the detailed issues previously, including the Prime Minister’s apparent vision of New Zealand as a Switzerland of the South Pacific, and…

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International adoption to the US has fallen 75%

Philip N. Cohen's avatarFamily Inequality

Just updated my data series on international adoption. You can see previous posts, with commentary, at the adoption tag.

The data are the US State Department, which grants the adoption visas. It’s kind of a mess, back to 1999, here. (I have an old spreadsheet that goes back to 1990 for the big countries but I can’t find the link anymore.) The most recent report is here, and the briefer narrative is here. For the first time in those documents I saw an official description of what’s changed in China, which partly explains the broader trends. The State Department says 20,000-30,000 children are placed domestically in China now, as a result of increased government focus on domestic adoption, although without providing comparison numbers. They also say more than 90% of children adopted to the US from China now have special health needs, up from 5% in 2005…

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Can Economics Improve People’s Wellbeing?

Syria ~ Map Update dd May 3, 2016

Victory Day celebration of defeat of terrorism in Palmyra

Ken's avatarOpen Parachute

Victory over terrorism in Syria is still a long way off. But the liberation of Palmyra was an important and symbolic step towards that. This concert on Thursday, in the historic amphitheatre of the ancient city of Palmyra, was dedicated to the 71st anniversary of the defeat of fascism in Europe as well as an expression of gratitude to all those who fight terrorism today and memorial to the victims of terrorism.

During their occupation of Palmyra, Daesh committed public executions by beheading in this amphitheatre. One of the most prominent people beheaded in the city at this time was Khaled al-Asaad, a Syrian archaeologist and the head of antiquities for the ancient city. The New York Time reported the murder (see Syrian Expert Who Shielded Palmyra Antiquities Meets a Grisly Death at ISIS’ Hands):

“After detaining him for weeks, the jihadists dragged him on Tuesday to a public square where a masked swordsman…

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The role of capitalists in capitalism

Artir's avatarNintil

Many people do not understand what capitalists do within capitalism. Some suggest they ought to be removed, as they are just parasites who tax the productive elements of society (e.g. workers)

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The popularity of Heather as a baby name

The Sunnyboys : Trouble In My Brain

Is the Future of Electricity Generation Really Distributed?

Does bad regulatory policy sow the seeds of better regulatory policy?

Whither Conservatism?

David Glasner's avatarUneasy Money

sure why – well, maybe I can guess – but I have been thinking about an article (“Hayek and the Conservatives”) I wrote in 1992 for Commentary. I just reread it — probably for the first time this century — and although I can’t say that I agree with everything I wrote over 20 years ago, it somehow still seems relevant, perhaps even more so now than then. So I thought I would share it.

At the time of his death on March 23, 1992, less than two months before his ninety-third birthday, F.A. Hayek was widely if not universally acknowledged as this century’s preeminent intellectual advocate of the free market and one of its leading opponents of socialism. His death, coming so soon after the collapse of Communism in Eastern Europe and the abandonment of Marxism and socialism as intellectual ideals, occasioned understandable comment by his admirers about…

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Jane Jacobs at 100

Matthew M. Robare's avatarUrban Liberty

It is difficult to write about the centennial of Jane Jacobs. For one thing, her influence on urbanism is unsurpassed and difficult to understate; for another, everyone has been writing something and so there’s a lot of overlap between pieces.

And yet, for all the encomiums and praise and think pieces in City Lab, Vox, Toronto’s Globe and Mail and even The New York Daily News, it is easy to lose sight of the fact that for all her intellectual influence, very little has changed about the American city and what has changed has been mostly cosmetic.

In the Boston area, for example, outdated zoning and building codes have created a process so complex that only professionals can navigate it and so long that only luxury buildings are profitable. The codes result in structures that encourage driving with parking minimums, setbacks that turn already wide streets into drag strips and…

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Many emerging countries see steep increase in smartphone ownership

Source: Smartphone ownership rates skyrocket in many emerging economies | Pew Research Center

Are We Running Out of Resources? #peakoil @greenpeace

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