Whoever handles Elon Musk’s public relations deserves a medal.
The slippery snake oil salesman and rent-seeker extraordinaire has been down to South Australia – now reduced, pretty much, to a third world state under its disastrous left-wing administration – and conned the hapless locals out of $50 million to build them an all-but-useless giant battery to make up for the energy they have lost by blowing up their coal-fired power station and relying on wind power instead.
And how are the lickspittle media reporting this outrageous scam?
Incredible $50 MILLION bet between Elon Musk and Australian Atlassian tech king pays off with Tesla building a giant solar battery in Adelaide
With a media as compliant and unquestioning as this, is it any wonder Tesla’s price is still about $300 higher than it should be and that governments continue to spend taxpayers’ billions bankrolling his quixotic schemes?
Let’s just have a quick reality check here, shall we?
We’re on the verge of a new energy revolution. Except it’s the exact opposite of the one the “experts” at places like BP, the International Energy Agency and – ahem – the Guardian are predicting.
For years we’ve been assured by politicians, energy industry specialists and green advocates that renewables such as wind and solar are getting more and more cost-competitive while dirty fossil fuels are so discredited and wrong and evil we’ll soon have to leave them in the ground.
But to believe this you’d have to believe in a world where Donald Trump and Brexit hadn’t happened; where taxpayers were still prepared to bankroll, ad infinitum, the expensive, inefficient, environmentally-damaging produce of favoured crony-capitalists; where no one had access on the internet to articles showing how the whole climate change industry is such a scam.
That world doesn’t exist.
This is why we need to take with a massive pinch of salt, for example, the latest BP Energy Outlook 2017 which claims that renewables are set to grow and grow over the next two decades:
Renewables in power are set to be the fastest growing source of energy – at 7.6% per year to 2035, more than quadrupling over the Outlook period. Renewables account for 40% of the growth in power generation, causing their share of global power to increase from 7% in 2015 to nearly 20% by 2035.
It’s why we should laugh to scorn articles like this one in Vox boasting about how the US solar industry employs more people than the US coal industry.
And why economics writers like the normally sensible Jeremy Warner do themselves no favours when they produce tosh like this in the op-ed columns of that once respectable newspaper The Daily Telegraph.