Green energy = prices increase by 14,000%

Who could have seen this coming?

The South Australian Government been forced to beg fossil fuel operators to bring mothballed plants back online, to contain wild swings in electricity spot price caused by unstable renewable production, prices which last month peaked at $14,000 / MWh – up from more normal prices of $100 / MWh which prevailed before political favouritism towards renewables messed up the market.

Well, knock me over with a feather!  You mean that there's some sort of law of "Supply and Demand", and if the supply tanks because of unreliable generating capacity then the price will spike? Whodathunkit?

Boy, it's pretty amazing that a few dirty hippy tree huggers can bring a nation's factories to their knees, huh?  It's almost as if there's someone else behind "political favoritism".  Now who might that be?

According to the Financial Post;

Climate change initiatives a $7-trillion funding opportunity for capital markets: Carney

TORONTO The trillions needed to fund global carbon reduction commitments in the coming years is a big opportunity for investors, Bank of England Governor Mark Carney said Friday in a speech to Toronto’s financial community.

Huh.  The banksters see a multi trillion dollar opportunity that just oh by the way requires factories to pay a bazillion bucks more, which they pass on to us in the form of higher prices (or higher unemployment if the factory can't compete in a globalized economy)?  Whodathunkit?

I must say that it's odd to find environmentalists to be corporate shills for big banking, though.