Electricity deregulation and re-regulations in Asia, Philippines in particular

20
Bienvenido Oplas Jr. Pres., Minimal Government Thinkers Fellow, SEANET and Stratbase-ADRi Columnist, BusinessWorld Asia Liberty Forum Panel on “Regulations for a Prosperous and Innovative Market Economy” The Leela Mumbai, India February 10-11, 2017

Transcript of Electricity deregulation and re-regulations in Asia, Philippines in particular

Bienvenido Oplas Jr Pres Minimal Government Thinkers

Fellow SEANET and Stratbase-ADRi

Columnist BusinessWorld

Asia Liberty Forum

Panel on ldquoRegulations for a Prosperous and Innovative Market Economyrdquo

The Leela Mumbai India February 10-11 2017

Outline 1 Electricity supply and demand selected Asia and developed countries

2 Electricity prices selected Asia and developed countries 3 Regulations and bureaucracies in electricity 4 Re-regulation via ldquorenewables to save the planetrdquo 5 Summary and recommendations

Economy 1985 1995 2005 2015 2005-2015 change

US 25911 35168 42575 43030 11 Japan 6720 9686 11531 10355 -102 Germany 5225 5368 6226 6471 39 UK 2981 3374 3984 3377 -152 Australia 1237 1755 2490 2536 19

China 4107 10070 25003 58106 1324

India 1798 4099 6896 13048 892 South Korea 627 2035 3895 5223 341 Taiwan 556 1331 2274 2580 135 Indonesia 164 589 1274 2347 843 Thailand 230 797 1304 1778 363 Vietnam 51 147 521 1646 2161 Malaysia 150 466 962 1474 532 Pakistan 288 638 902 1100 220 Philippines 228 336 566 826 460 Bangladesh 50 121 264 605 1289 Singapore 99 221 382 503 316 New Zealand 277 361 429 443 32 Hong Kong 192 279 384 380 -12 Other Asia-Pac 640 482 655 1051 603

Source BP Statistical Review of World Energy June 2016

1 Electricity Generation terawatt-hours (TWH)

From 2005-2015 developed countriesrsquo output hardly growing if not shrinking output of Jap UK in 2015 almost same as in 1995 Mainly due to their climate and energy regulations Developing countries esp China India Indon Vietnam Bangladesh growing fast

Economy 1985 1995 2005 2015 2005-2015

US 43468 76641 130937 180367 38

Japan 15851 28557 38586 48433 26

Germany 11842 20337 28046 38601 38

UK 7229 12241 20085 27020 35

Australia 2318 4135 7293 11406 56

China 6550 22546 66173 196957 198

India 6336 14263 32382 79983 147

Indonesia 3048 8497 13564 28480 110

Korea 1679 5447 10948 18532 69

Thailand 1255 4069 6714 11104 65

Taiwan 1127 3318 6584 11002 67

Pakistan 1277 2794 5344 9316 74

Malaysia 760 2191 4240 8174 93

Philippines 1092 2016 3671 7439 103

Bangladesh 653 1282 2655 5801 119

Vietnam 427 1050 2557 5534 116

Singapore 383 1153 2351 4726 101

Hong Kong 587 1452 2483 4159 68 Myanmar na na 1144 2841 148 Sri Lanka 249 510 1020 2235 119 Nepal 99 209 385 702 83 Cambodia na 86 233 544 134

GDP size PPP values $ Billion (represents energy demand)

Expansion in GDP size is generally consistent with expansion in electricity output 2005-2015 ch Developed countriesrsquo growth 20+ to 50+ Developing countriesrsquo growth 60+ to 200 in one decade Source IMF World Economic Outlook database October 2016

Markets Jan 2012 Jan 2016 change

Japan (Kansai) 2448 2332 -5

Germany 2220 1978 -11

California (PGampE) 1542 1954 +27

UK 1662 1860 +12

Australia (WA) 1993 1614 -19

US average 967 931 -4

Hong Kong 1288 1510 +17

PHIL (Meralco) 2026 1465 -28

New Zealand 1618 1308 -19

Sri Lanka 1949 1113 -43

Singapore 2006 1089 -46

Thailand 1045 993 -5

S Korea 891 947 +6

Malaysia 1111 883 -20

Taiwan 871 873 0

Indonesia 851 703 -17

Source Intl Energy Consultants (IEC) RegionalGlobal Comparison of Retail Electricity Tariffs Executive Summary May 2016 Report commissioned by Meralco

Subsidized markets Australia (WA) Indonesia Malaysia Thailand South Korea Sri Lanka Taiwan Unsubsidized and deregulated Japan (Kansai) Philippines Singapore NZ US Hong Kong is unsubsidized but unsure if deregulated All deregulated markets experienced price decline Mix result for subsidized markets decline in MY ID SL and WA but incr in SK flat in TW

2 Electricity PricesTariffs ave excl VAT US centskWh

BWorld DoErsquos new circular will raise not lower electricity prices Oct 21 2015

Other previous studies PH has 2nd highest electricity price in Asia next to Japan

(3) Regulations and bureaucracies both national and local Among the nearly 160 permits required to put up a base-load plant taking up to 5 years DOE streamlining to bring it down to below 100 permits

2012 2013 2014 2015 2016

Jan 546 579 612 472 392

Feb 558 524 554 524 417

Mar 533 519 521 521 400

Apr 566 539 590 541 410

May 560 547 597 481 388

Jun 614 566 531 446 372

Jul 645 533 541 474 406

Aug 674 505 564 455 386

Sep 540 517 519 413 394

Oct 550 468 535 400 389

Nov 563 567 511 408 384

Dec 548 594 494 413 394

Ave 575 533 541 462 394

PH power generation charge Meralco area

WESM spot market competition works But there are abt 8 other charges other than

generation charge that raise overall price Especially feed in tariff (FIT) for

renewables rising fast

Deregulations via EPIRA of 2001 1 Expanded competition among more generating companies (gencos) From a state monopoly (Napocor) to oligopoly to dozens of players 2 Privatized Power Sector Assets and Liabilities Management Corp (PSALM) assets Privatized transmission now under a regulated private company 3 Established Wholesale Electricity Spot Market (WESM) 4 Introduced Performance Based Rate setting and replaced the backward return on rate base (RORB) 5 Introduced Retail Competition and Open A ccess (RCOA) 6 Removed public debt burden

4 Re-regulations via ldquorenewables to save the planetrdquo PHrsquos RE law has more favoritism than RE laws of other Asian countries

But the planet does not need any ldquosaviourrdquo Climate change (CC) is cyclical (warming-coolinghellip) not ldquounprecedentedrdquo CC is natural (nature-made) not man-made

Temperature reconstruction for N Hemisphere 1-2000 AD Modern warm period not exceptional or scary

Source Dr Roy Spencer Senate EPW Hearing ldquoClimate Change Itrsquos Happened Beforerdquo July 19th 2013

ldquoMan-maderdquo CC means less rain no rain and more rain less flood no flood and more floodhellip

1970

30 Jun 1953 ndash Kyushu floods A million Japanese homeless

Cannibalism in Shensi ndash ENTIRE CITY RAZED BY FLOOD IN CHINA

30 Nov 1912 ndash DEADLY TYPHOON HOLOCAUST IN PHILIPPINES WASHINGhellip

httptrovenlagovau

1912 reports on Tacloban storm lsquokillingrsquo 15000 resurface | Headlines News The Philippine Star | philstarcom

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

Outline 1 Electricity supply and demand selected Asia and developed countries

2 Electricity prices selected Asia and developed countries 3 Regulations and bureaucracies in electricity 4 Re-regulation via ldquorenewables to save the planetrdquo 5 Summary and recommendations

Economy 1985 1995 2005 2015 2005-2015 change

US 25911 35168 42575 43030 11 Japan 6720 9686 11531 10355 -102 Germany 5225 5368 6226 6471 39 UK 2981 3374 3984 3377 -152 Australia 1237 1755 2490 2536 19

China 4107 10070 25003 58106 1324

India 1798 4099 6896 13048 892 South Korea 627 2035 3895 5223 341 Taiwan 556 1331 2274 2580 135 Indonesia 164 589 1274 2347 843 Thailand 230 797 1304 1778 363 Vietnam 51 147 521 1646 2161 Malaysia 150 466 962 1474 532 Pakistan 288 638 902 1100 220 Philippines 228 336 566 826 460 Bangladesh 50 121 264 605 1289 Singapore 99 221 382 503 316 New Zealand 277 361 429 443 32 Hong Kong 192 279 384 380 -12 Other Asia-Pac 640 482 655 1051 603

Source BP Statistical Review of World Energy June 2016

1 Electricity Generation terawatt-hours (TWH)

From 2005-2015 developed countriesrsquo output hardly growing if not shrinking output of Jap UK in 2015 almost same as in 1995 Mainly due to their climate and energy regulations Developing countries esp China India Indon Vietnam Bangladesh growing fast

Economy 1985 1995 2005 2015 2005-2015

US 43468 76641 130937 180367 38

Japan 15851 28557 38586 48433 26

Germany 11842 20337 28046 38601 38

UK 7229 12241 20085 27020 35

Australia 2318 4135 7293 11406 56

China 6550 22546 66173 196957 198

India 6336 14263 32382 79983 147

Indonesia 3048 8497 13564 28480 110

Korea 1679 5447 10948 18532 69

Thailand 1255 4069 6714 11104 65

Taiwan 1127 3318 6584 11002 67

Pakistan 1277 2794 5344 9316 74

Malaysia 760 2191 4240 8174 93

Philippines 1092 2016 3671 7439 103

Bangladesh 653 1282 2655 5801 119

Vietnam 427 1050 2557 5534 116

Singapore 383 1153 2351 4726 101

Hong Kong 587 1452 2483 4159 68 Myanmar na na 1144 2841 148 Sri Lanka 249 510 1020 2235 119 Nepal 99 209 385 702 83 Cambodia na 86 233 544 134

GDP size PPP values $ Billion (represents energy demand)

Expansion in GDP size is generally consistent with expansion in electricity output 2005-2015 ch Developed countriesrsquo growth 20+ to 50+ Developing countriesrsquo growth 60+ to 200 in one decade Source IMF World Economic Outlook database October 2016

Markets Jan 2012 Jan 2016 change

Japan (Kansai) 2448 2332 -5

Germany 2220 1978 -11

California (PGampE) 1542 1954 +27

UK 1662 1860 +12

Australia (WA) 1993 1614 -19

US average 967 931 -4

Hong Kong 1288 1510 +17

PHIL (Meralco) 2026 1465 -28

New Zealand 1618 1308 -19

Sri Lanka 1949 1113 -43

Singapore 2006 1089 -46

Thailand 1045 993 -5

S Korea 891 947 +6

Malaysia 1111 883 -20

Taiwan 871 873 0

Indonesia 851 703 -17

Source Intl Energy Consultants (IEC) RegionalGlobal Comparison of Retail Electricity Tariffs Executive Summary May 2016 Report commissioned by Meralco

Subsidized markets Australia (WA) Indonesia Malaysia Thailand South Korea Sri Lanka Taiwan Unsubsidized and deregulated Japan (Kansai) Philippines Singapore NZ US Hong Kong is unsubsidized but unsure if deregulated All deregulated markets experienced price decline Mix result for subsidized markets decline in MY ID SL and WA but incr in SK flat in TW

2 Electricity PricesTariffs ave excl VAT US centskWh

BWorld DoErsquos new circular will raise not lower electricity prices Oct 21 2015

Other previous studies PH has 2nd highest electricity price in Asia next to Japan

(3) Regulations and bureaucracies both national and local Among the nearly 160 permits required to put up a base-load plant taking up to 5 years DOE streamlining to bring it down to below 100 permits

2012 2013 2014 2015 2016

Jan 546 579 612 472 392

Feb 558 524 554 524 417

Mar 533 519 521 521 400

Apr 566 539 590 541 410

May 560 547 597 481 388

Jun 614 566 531 446 372

Jul 645 533 541 474 406

Aug 674 505 564 455 386

Sep 540 517 519 413 394

Oct 550 468 535 400 389

Nov 563 567 511 408 384

Dec 548 594 494 413 394

Ave 575 533 541 462 394

PH power generation charge Meralco area

WESM spot market competition works But there are abt 8 other charges other than

generation charge that raise overall price Especially feed in tariff (FIT) for

renewables rising fast

Deregulations via EPIRA of 2001 1 Expanded competition among more generating companies (gencos) From a state monopoly (Napocor) to oligopoly to dozens of players 2 Privatized Power Sector Assets and Liabilities Management Corp (PSALM) assets Privatized transmission now under a regulated private company 3 Established Wholesale Electricity Spot Market (WESM) 4 Introduced Performance Based Rate setting and replaced the backward return on rate base (RORB) 5 Introduced Retail Competition and Open A ccess (RCOA) 6 Removed public debt burden

4 Re-regulations via ldquorenewables to save the planetrdquo PHrsquos RE law has more favoritism than RE laws of other Asian countries

But the planet does not need any ldquosaviourrdquo Climate change (CC) is cyclical (warming-coolinghellip) not ldquounprecedentedrdquo CC is natural (nature-made) not man-made

Temperature reconstruction for N Hemisphere 1-2000 AD Modern warm period not exceptional or scary

Source Dr Roy Spencer Senate EPW Hearing ldquoClimate Change Itrsquos Happened Beforerdquo July 19th 2013

ldquoMan-maderdquo CC means less rain no rain and more rain less flood no flood and more floodhellip

1970

30 Jun 1953 ndash Kyushu floods A million Japanese homeless

Cannibalism in Shensi ndash ENTIRE CITY RAZED BY FLOOD IN CHINA

30 Nov 1912 ndash DEADLY TYPHOON HOLOCAUST IN PHILIPPINES WASHINGhellip

httptrovenlagovau

1912 reports on Tacloban storm lsquokillingrsquo 15000 resurface | Headlines News The Philippine Star | philstarcom

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

Economy 1985 1995 2005 2015 2005-2015 change

US 25911 35168 42575 43030 11 Japan 6720 9686 11531 10355 -102 Germany 5225 5368 6226 6471 39 UK 2981 3374 3984 3377 -152 Australia 1237 1755 2490 2536 19

China 4107 10070 25003 58106 1324

India 1798 4099 6896 13048 892 South Korea 627 2035 3895 5223 341 Taiwan 556 1331 2274 2580 135 Indonesia 164 589 1274 2347 843 Thailand 230 797 1304 1778 363 Vietnam 51 147 521 1646 2161 Malaysia 150 466 962 1474 532 Pakistan 288 638 902 1100 220 Philippines 228 336 566 826 460 Bangladesh 50 121 264 605 1289 Singapore 99 221 382 503 316 New Zealand 277 361 429 443 32 Hong Kong 192 279 384 380 -12 Other Asia-Pac 640 482 655 1051 603

Source BP Statistical Review of World Energy June 2016

1 Electricity Generation terawatt-hours (TWH)

From 2005-2015 developed countriesrsquo output hardly growing if not shrinking output of Jap UK in 2015 almost same as in 1995 Mainly due to their climate and energy regulations Developing countries esp China India Indon Vietnam Bangladesh growing fast

Economy 1985 1995 2005 2015 2005-2015

US 43468 76641 130937 180367 38

Japan 15851 28557 38586 48433 26

Germany 11842 20337 28046 38601 38

UK 7229 12241 20085 27020 35

Australia 2318 4135 7293 11406 56

China 6550 22546 66173 196957 198

India 6336 14263 32382 79983 147

Indonesia 3048 8497 13564 28480 110

Korea 1679 5447 10948 18532 69

Thailand 1255 4069 6714 11104 65

Taiwan 1127 3318 6584 11002 67

Pakistan 1277 2794 5344 9316 74

Malaysia 760 2191 4240 8174 93

Philippines 1092 2016 3671 7439 103

Bangladesh 653 1282 2655 5801 119

Vietnam 427 1050 2557 5534 116

Singapore 383 1153 2351 4726 101

Hong Kong 587 1452 2483 4159 68 Myanmar na na 1144 2841 148 Sri Lanka 249 510 1020 2235 119 Nepal 99 209 385 702 83 Cambodia na 86 233 544 134

GDP size PPP values $ Billion (represents energy demand)

Expansion in GDP size is generally consistent with expansion in electricity output 2005-2015 ch Developed countriesrsquo growth 20+ to 50+ Developing countriesrsquo growth 60+ to 200 in one decade Source IMF World Economic Outlook database October 2016

Markets Jan 2012 Jan 2016 change

Japan (Kansai) 2448 2332 -5

Germany 2220 1978 -11

California (PGampE) 1542 1954 +27

UK 1662 1860 +12

Australia (WA) 1993 1614 -19

US average 967 931 -4

Hong Kong 1288 1510 +17

PHIL (Meralco) 2026 1465 -28

New Zealand 1618 1308 -19

Sri Lanka 1949 1113 -43

Singapore 2006 1089 -46

Thailand 1045 993 -5

S Korea 891 947 +6

Malaysia 1111 883 -20

Taiwan 871 873 0

Indonesia 851 703 -17

Source Intl Energy Consultants (IEC) RegionalGlobal Comparison of Retail Electricity Tariffs Executive Summary May 2016 Report commissioned by Meralco

Subsidized markets Australia (WA) Indonesia Malaysia Thailand South Korea Sri Lanka Taiwan Unsubsidized and deregulated Japan (Kansai) Philippines Singapore NZ US Hong Kong is unsubsidized but unsure if deregulated All deregulated markets experienced price decline Mix result for subsidized markets decline in MY ID SL and WA but incr in SK flat in TW

2 Electricity PricesTariffs ave excl VAT US centskWh

BWorld DoErsquos new circular will raise not lower electricity prices Oct 21 2015

Other previous studies PH has 2nd highest electricity price in Asia next to Japan

(3) Regulations and bureaucracies both national and local Among the nearly 160 permits required to put up a base-load plant taking up to 5 years DOE streamlining to bring it down to below 100 permits

2012 2013 2014 2015 2016

Jan 546 579 612 472 392

Feb 558 524 554 524 417

Mar 533 519 521 521 400

Apr 566 539 590 541 410

May 560 547 597 481 388

Jun 614 566 531 446 372

Jul 645 533 541 474 406

Aug 674 505 564 455 386

Sep 540 517 519 413 394

Oct 550 468 535 400 389

Nov 563 567 511 408 384

Dec 548 594 494 413 394

Ave 575 533 541 462 394

PH power generation charge Meralco area

WESM spot market competition works But there are abt 8 other charges other than

generation charge that raise overall price Especially feed in tariff (FIT) for

renewables rising fast

Deregulations via EPIRA of 2001 1 Expanded competition among more generating companies (gencos) From a state monopoly (Napocor) to oligopoly to dozens of players 2 Privatized Power Sector Assets and Liabilities Management Corp (PSALM) assets Privatized transmission now under a regulated private company 3 Established Wholesale Electricity Spot Market (WESM) 4 Introduced Performance Based Rate setting and replaced the backward return on rate base (RORB) 5 Introduced Retail Competition and Open A ccess (RCOA) 6 Removed public debt burden

4 Re-regulations via ldquorenewables to save the planetrdquo PHrsquos RE law has more favoritism than RE laws of other Asian countries

But the planet does not need any ldquosaviourrdquo Climate change (CC) is cyclical (warming-coolinghellip) not ldquounprecedentedrdquo CC is natural (nature-made) not man-made

Temperature reconstruction for N Hemisphere 1-2000 AD Modern warm period not exceptional or scary

Source Dr Roy Spencer Senate EPW Hearing ldquoClimate Change Itrsquos Happened Beforerdquo July 19th 2013

ldquoMan-maderdquo CC means less rain no rain and more rain less flood no flood and more floodhellip

1970

30 Jun 1953 ndash Kyushu floods A million Japanese homeless

Cannibalism in Shensi ndash ENTIRE CITY RAZED BY FLOOD IN CHINA

30 Nov 1912 ndash DEADLY TYPHOON HOLOCAUST IN PHILIPPINES WASHINGhellip

httptrovenlagovau

1912 reports on Tacloban storm lsquokillingrsquo 15000 resurface | Headlines News The Philippine Star | philstarcom

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

Economy 1985 1995 2005 2015 2005-2015

US 43468 76641 130937 180367 38

Japan 15851 28557 38586 48433 26

Germany 11842 20337 28046 38601 38

UK 7229 12241 20085 27020 35

Australia 2318 4135 7293 11406 56

China 6550 22546 66173 196957 198

India 6336 14263 32382 79983 147

Indonesia 3048 8497 13564 28480 110

Korea 1679 5447 10948 18532 69

Thailand 1255 4069 6714 11104 65

Taiwan 1127 3318 6584 11002 67

Pakistan 1277 2794 5344 9316 74

Malaysia 760 2191 4240 8174 93

Philippines 1092 2016 3671 7439 103

Bangladesh 653 1282 2655 5801 119

Vietnam 427 1050 2557 5534 116

Singapore 383 1153 2351 4726 101

Hong Kong 587 1452 2483 4159 68 Myanmar na na 1144 2841 148 Sri Lanka 249 510 1020 2235 119 Nepal 99 209 385 702 83 Cambodia na 86 233 544 134

GDP size PPP values $ Billion (represents energy demand)

Expansion in GDP size is generally consistent with expansion in electricity output 2005-2015 ch Developed countriesrsquo growth 20+ to 50+ Developing countriesrsquo growth 60+ to 200 in one decade Source IMF World Economic Outlook database October 2016

Markets Jan 2012 Jan 2016 change

Japan (Kansai) 2448 2332 -5

Germany 2220 1978 -11

California (PGampE) 1542 1954 +27

UK 1662 1860 +12

Australia (WA) 1993 1614 -19

US average 967 931 -4

Hong Kong 1288 1510 +17

PHIL (Meralco) 2026 1465 -28

New Zealand 1618 1308 -19

Sri Lanka 1949 1113 -43

Singapore 2006 1089 -46

Thailand 1045 993 -5

S Korea 891 947 +6

Malaysia 1111 883 -20

Taiwan 871 873 0

Indonesia 851 703 -17

Source Intl Energy Consultants (IEC) RegionalGlobal Comparison of Retail Electricity Tariffs Executive Summary May 2016 Report commissioned by Meralco

Subsidized markets Australia (WA) Indonesia Malaysia Thailand South Korea Sri Lanka Taiwan Unsubsidized and deregulated Japan (Kansai) Philippines Singapore NZ US Hong Kong is unsubsidized but unsure if deregulated All deregulated markets experienced price decline Mix result for subsidized markets decline in MY ID SL and WA but incr in SK flat in TW

2 Electricity PricesTariffs ave excl VAT US centskWh

BWorld DoErsquos new circular will raise not lower electricity prices Oct 21 2015

Other previous studies PH has 2nd highest electricity price in Asia next to Japan

(3) Regulations and bureaucracies both national and local Among the nearly 160 permits required to put up a base-load plant taking up to 5 years DOE streamlining to bring it down to below 100 permits

2012 2013 2014 2015 2016

Jan 546 579 612 472 392

Feb 558 524 554 524 417

Mar 533 519 521 521 400

Apr 566 539 590 541 410

May 560 547 597 481 388

Jun 614 566 531 446 372

Jul 645 533 541 474 406

Aug 674 505 564 455 386

Sep 540 517 519 413 394

Oct 550 468 535 400 389

Nov 563 567 511 408 384

Dec 548 594 494 413 394

Ave 575 533 541 462 394

PH power generation charge Meralco area

WESM spot market competition works But there are abt 8 other charges other than

generation charge that raise overall price Especially feed in tariff (FIT) for

renewables rising fast

Deregulations via EPIRA of 2001 1 Expanded competition among more generating companies (gencos) From a state monopoly (Napocor) to oligopoly to dozens of players 2 Privatized Power Sector Assets and Liabilities Management Corp (PSALM) assets Privatized transmission now under a regulated private company 3 Established Wholesale Electricity Spot Market (WESM) 4 Introduced Performance Based Rate setting and replaced the backward return on rate base (RORB) 5 Introduced Retail Competition and Open A ccess (RCOA) 6 Removed public debt burden

4 Re-regulations via ldquorenewables to save the planetrdquo PHrsquos RE law has more favoritism than RE laws of other Asian countries

But the planet does not need any ldquosaviourrdquo Climate change (CC) is cyclical (warming-coolinghellip) not ldquounprecedentedrdquo CC is natural (nature-made) not man-made

Temperature reconstruction for N Hemisphere 1-2000 AD Modern warm period not exceptional or scary

Source Dr Roy Spencer Senate EPW Hearing ldquoClimate Change Itrsquos Happened Beforerdquo July 19th 2013

ldquoMan-maderdquo CC means less rain no rain and more rain less flood no flood and more floodhellip

1970

30 Jun 1953 ndash Kyushu floods A million Japanese homeless

Cannibalism in Shensi ndash ENTIRE CITY RAZED BY FLOOD IN CHINA

30 Nov 1912 ndash DEADLY TYPHOON HOLOCAUST IN PHILIPPINES WASHINGhellip

httptrovenlagovau

1912 reports on Tacloban storm lsquokillingrsquo 15000 resurface | Headlines News The Philippine Star | philstarcom

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

Markets Jan 2012 Jan 2016 change

Japan (Kansai) 2448 2332 -5

Germany 2220 1978 -11

California (PGampE) 1542 1954 +27

UK 1662 1860 +12

Australia (WA) 1993 1614 -19

US average 967 931 -4

Hong Kong 1288 1510 +17

PHIL (Meralco) 2026 1465 -28

New Zealand 1618 1308 -19

Sri Lanka 1949 1113 -43

Singapore 2006 1089 -46

Thailand 1045 993 -5

S Korea 891 947 +6

Malaysia 1111 883 -20

Taiwan 871 873 0

Indonesia 851 703 -17

Source Intl Energy Consultants (IEC) RegionalGlobal Comparison of Retail Electricity Tariffs Executive Summary May 2016 Report commissioned by Meralco

Subsidized markets Australia (WA) Indonesia Malaysia Thailand South Korea Sri Lanka Taiwan Unsubsidized and deregulated Japan (Kansai) Philippines Singapore NZ US Hong Kong is unsubsidized but unsure if deregulated All deregulated markets experienced price decline Mix result for subsidized markets decline in MY ID SL and WA but incr in SK flat in TW

2 Electricity PricesTariffs ave excl VAT US centskWh

BWorld DoErsquos new circular will raise not lower electricity prices Oct 21 2015

Other previous studies PH has 2nd highest electricity price in Asia next to Japan

(3) Regulations and bureaucracies both national and local Among the nearly 160 permits required to put up a base-load plant taking up to 5 years DOE streamlining to bring it down to below 100 permits

2012 2013 2014 2015 2016

Jan 546 579 612 472 392

Feb 558 524 554 524 417

Mar 533 519 521 521 400

Apr 566 539 590 541 410

May 560 547 597 481 388

Jun 614 566 531 446 372

Jul 645 533 541 474 406

Aug 674 505 564 455 386

Sep 540 517 519 413 394

Oct 550 468 535 400 389

Nov 563 567 511 408 384

Dec 548 594 494 413 394

Ave 575 533 541 462 394

PH power generation charge Meralco area

WESM spot market competition works But there are abt 8 other charges other than

generation charge that raise overall price Especially feed in tariff (FIT) for

renewables rising fast

Deregulations via EPIRA of 2001 1 Expanded competition among more generating companies (gencos) From a state monopoly (Napocor) to oligopoly to dozens of players 2 Privatized Power Sector Assets and Liabilities Management Corp (PSALM) assets Privatized transmission now under a regulated private company 3 Established Wholesale Electricity Spot Market (WESM) 4 Introduced Performance Based Rate setting and replaced the backward return on rate base (RORB) 5 Introduced Retail Competition and Open A ccess (RCOA) 6 Removed public debt burden

4 Re-regulations via ldquorenewables to save the planetrdquo PHrsquos RE law has more favoritism than RE laws of other Asian countries

But the planet does not need any ldquosaviourrdquo Climate change (CC) is cyclical (warming-coolinghellip) not ldquounprecedentedrdquo CC is natural (nature-made) not man-made

Temperature reconstruction for N Hemisphere 1-2000 AD Modern warm period not exceptional or scary

Source Dr Roy Spencer Senate EPW Hearing ldquoClimate Change Itrsquos Happened Beforerdquo July 19th 2013

ldquoMan-maderdquo CC means less rain no rain and more rain less flood no flood and more floodhellip

1970

30 Jun 1953 ndash Kyushu floods A million Japanese homeless

Cannibalism in Shensi ndash ENTIRE CITY RAZED BY FLOOD IN CHINA

30 Nov 1912 ndash DEADLY TYPHOON HOLOCAUST IN PHILIPPINES WASHINGhellip

httptrovenlagovau

1912 reports on Tacloban storm lsquokillingrsquo 15000 resurface | Headlines News The Philippine Star | philstarcom

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

BWorld DoErsquos new circular will raise not lower electricity prices Oct 21 2015

Other previous studies PH has 2nd highest electricity price in Asia next to Japan

(3) Regulations and bureaucracies both national and local Among the nearly 160 permits required to put up a base-load plant taking up to 5 years DOE streamlining to bring it down to below 100 permits

2012 2013 2014 2015 2016

Jan 546 579 612 472 392

Feb 558 524 554 524 417

Mar 533 519 521 521 400

Apr 566 539 590 541 410

May 560 547 597 481 388

Jun 614 566 531 446 372

Jul 645 533 541 474 406

Aug 674 505 564 455 386

Sep 540 517 519 413 394

Oct 550 468 535 400 389

Nov 563 567 511 408 384

Dec 548 594 494 413 394

Ave 575 533 541 462 394

PH power generation charge Meralco area

WESM spot market competition works But there are abt 8 other charges other than

generation charge that raise overall price Especially feed in tariff (FIT) for

renewables rising fast

Deregulations via EPIRA of 2001 1 Expanded competition among more generating companies (gencos) From a state monopoly (Napocor) to oligopoly to dozens of players 2 Privatized Power Sector Assets and Liabilities Management Corp (PSALM) assets Privatized transmission now under a regulated private company 3 Established Wholesale Electricity Spot Market (WESM) 4 Introduced Performance Based Rate setting and replaced the backward return on rate base (RORB) 5 Introduced Retail Competition and Open A ccess (RCOA) 6 Removed public debt burden

4 Re-regulations via ldquorenewables to save the planetrdquo PHrsquos RE law has more favoritism than RE laws of other Asian countries

But the planet does not need any ldquosaviourrdquo Climate change (CC) is cyclical (warming-coolinghellip) not ldquounprecedentedrdquo CC is natural (nature-made) not man-made

Temperature reconstruction for N Hemisphere 1-2000 AD Modern warm period not exceptional or scary

Source Dr Roy Spencer Senate EPW Hearing ldquoClimate Change Itrsquos Happened Beforerdquo July 19th 2013

ldquoMan-maderdquo CC means less rain no rain and more rain less flood no flood and more floodhellip

1970

30 Jun 1953 ndash Kyushu floods A million Japanese homeless

Cannibalism in Shensi ndash ENTIRE CITY RAZED BY FLOOD IN CHINA

30 Nov 1912 ndash DEADLY TYPHOON HOLOCAUST IN PHILIPPINES WASHINGhellip

httptrovenlagovau

1912 reports on Tacloban storm lsquokillingrsquo 15000 resurface | Headlines News The Philippine Star | philstarcom

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

(3) Regulations and bureaucracies both national and local Among the nearly 160 permits required to put up a base-load plant taking up to 5 years DOE streamlining to bring it down to below 100 permits

2012 2013 2014 2015 2016

Jan 546 579 612 472 392

Feb 558 524 554 524 417

Mar 533 519 521 521 400

Apr 566 539 590 541 410

May 560 547 597 481 388

Jun 614 566 531 446 372

Jul 645 533 541 474 406

Aug 674 505 564 455 386

Sep 540 517 519 413 394

Oct 550 468 535 400 389

Nov 563 567 511 408 384

Dec 548 594 494 413 394

Ave 575 533 541 462 394

PH power generation charge Meralco area

WESM spot market competition works But there are abt 8 other charges other than

generation charge that raise overall price Especially feed in tariff (FIT) for

renewables rising fast

Deregulations via EPIRA of 2001 1 Expanded competition among more generating companies (gencos) From a state monopoly (Napocor) to oligopoly to dozens of players 2 Privatized Power Sector Assets and Liabilities Management Corp (PSALM) assets Privatized transmission now under a regulated private company 3 Established Wholesale Electricity Spot Market (WESM) 4 Introduced Performance Based Rate setting and replaced the backward return on rate base (RORB) 5 Introduced Retail Competition and Open A ccess (RCOA) 6 Removed public debt burden

4 Re-regulations via ldquorenewables to save the planetrdquo PHrsquos RE law has more favoritism than RE laws of other Asian countries

But the planet does not need any ldquosaviourrdquo Climate change (CC) is cyclical (warming-coolinghellip) not ldquounprecedentedrdquo CC is natural (nature-made) not man-made

Temperature reconstruction for N Hemisphere 1-2000 AD Modern warm period not exceptional or scary

Source Dr Roy Spencer Senate EPW Hearing ldquoClimate Change Itrsquos Happened Beforerdquo July 19th 2013

ldquoMan-maderdquo CC means less rain no rain and more rain less flood no flood and more floodhellip

1970

30 Jun 1953 ndash Kyushu floods A million Japanese homeless

Cannibalism in Shensi ndash ENTIRE CITY RAZED BY FLOOD IN CHINA

30 Nov 1912 ndash DEADLY TYPHOON HOLOCAUST IN PHILIPPINES WASHINGhellip

httptrovenlagovau

1912 reports on Tacloban storm lsquokillingrsquo 15000 resurface | Headlines News The Philippine Star | philstarcom

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

2012 2013 2014 2015 2016

Jan 546 579 612 472 392

Feb 558 524 554 524 417

Mar 533 519 521 521 400

Apr 566 539 590 541 410

May 560 547 597 481 388

Jun 614 566 531 446 372

Jul 645 533 541 474 406

Aug 674 505 564 455 386

Sep 540 517 519 413 394

Oct 550 468 535 400 389

Nov 563 567 511 408 384

Dec 548 594 494 413 394

Ave 575 533 541 462 394

PH power generation charge Meralco area

WESM spot market competition works But there are abt 8 other charges other than

generation charge that raise overall price Especially feed in tariff (FIT) for

renewables rising fast

Deregulations via EPIRA of 2001 1 Expanded competition among more generating companies (gencos) From a state monopoly (Napocor) to oligopoly to dozens of players 2 Privatized Power Sector Assets and Liabilities Management Corp (PSALM) assets Privatized transmission now under a regulated private company 3 Established Wholesale Electricity Spot Market (WESM) 4 Introduced Performance Based Rate setting and replaced the backward return on rate base (RORB) 5 Introduced Retail Competition and Open A ccess (RCOA) 6 Removed public debt burden

4 Re-regulations via ldquorenewables to save the planetrdquo PHrsquos RE law has more favoritism than RE laws of other Asian countries

But the planet does not need any ldquosaviourrdquo Climate change (CC) is cyclical (warming-coolinghellip) not ldquounprecedentedrdquo CC is natural (nature-made) not man-made

Temperature reconstruction for N Hemisphere 1-2000 AD Modern warm period not exceptional or scary

Source Dr Roy Spencer Senate EPW Hearing ldquoClimate Change Itrsquos Happened Beforerdquo July 19th 2013

ldquoMan-maderdquo CC means less rain no rain and more rain less flood no flood and more floodhellip

1970

30 Jun 1953 ndash Kyushu floods A million Japanese homeless

Cannibalism in Shensi ndash ENTIRE CITY RAZED BY FLOOD IN CHINA

30 Nov 1912 ndash DEADLY TYPHOON HOLOCAUST IN PHILIPPINES WASHINGhellip

httptrovenlagovau

1912 reports on Tacloban storm lsquokillingrsquo 15000 resurface | Headlines News The Philippine Star | philstarcom

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

4 Re-regulations via ldquorenewables to save the planetrdquo PHrsquos RE law has more favoritism than RE laws of other Asian countries

But the planet does not need any ldquosaviourrdquo Climate change (CC) is cyclical (warming-coolinghellip) not ldquounprecedentedrdquo CC is natural (nature-made) not man-made

Temperature reconstruction for N Hemisphere 1-2000 AD Modern warm period not exceptional or scary

Source Dr Roy Spencer Senate EPW Hearing ldquoClimate Change Itrsquos Happened Beforerdquo July 19th 2013

ldquoMan-maderdquo CC means less rain no rain and more rain less flood no flood and more floodhellip

1970

30 Jun 1953 ndash Kyushu floods A million Japanese homeless

Cannibalism in Shensi ndash ENTIRE CITY RAZED BY FLOOD IN CHINA

30 Nov 1912 ndash DEADLY TYPHOON HOLOCAUST IN PHILIPPINES WASHINGhellip

httptrovenlagovau

1912 reports on Tacloban storm lsquokillingrsquo 15000 resurface | Headlines News The Philippine Star | philstarcom

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

But the planet does not need any ldquosaviourrdquo Climate change (CC) is cyclical (warming-coolinghellip) not ldquounprecedentedrdquo CC is natural (nature-made) not man-made

Temperature reconstruction for N Hemisphere 1-2000 AD Modern warm period not exceptional or scary

Source Dr Roy Spencer Senate EPW Hearing ldquoClimate Change Itrsquos Happened Beforerdquo July 19th 2013

ldquoMan-maderdquo CC means less rain no rain and more rain less flood no flood and more floodhellip

1970

30 Jun 1953 ndash Kyushu floods A million Japanese homeless

Cannibalism in Shensi ndash ENTIRE CITY RAZED BY FLOOD IN CHINA

30 Nov 1912 ndash DEADLY TYPHOON HOLOCAUST IN PHILIPPINES WASHINGhellip

httptrovenlagovau

1912 reports on Tacloban storm lsquokillingrsquo 15000 resurface | Headlines News The Philippine Star | philstarcom

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

ldquoMan-maderdquo CC means less rain no rain and more rain less flood no flood and more floodhellip

1970

30 Jun 1953 ndash Kyushu floods A million Japanese homeless

Cannibalism in Shensi ndash ENTIRE CITY RAZED BY FLOOD IN CHINA

30 Nov 1912 ndash DEADLY TYPHOON HOLOCAUST IN PHILIPPINES WASHINGhellip

httptrovenlagovau

1912 reports on Tacloban storm lsquokillingrsquo 15000 resurface | Headlines News The Philippine Star | philstarcom

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

1970

30 Jun 1953 ndash Kyushu floods A million Japanese homeless

Cannibalism in Shensi ndash ENTIRE CITY RAZED BY FLOOD IN CHINA

30 Nov 1912 ndash DEADLY TYPHOON HOLOCAUST IN PHILIPPINES WASHINGhellip

httptrovenlagovau

1912 reports on Tacloban storm lsquokillingrsquo 15000 resurface | Headlines News The Philippine Star | philstarcom

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

30 Jun 1953 ndash Kyushu floods A million Japanese homeless

Cannibalism in Shensi ndash ENTIRE CITY RAZED BY FLOOD IN CHINA

30 Nov 1912 ndash DEADLY TYPHOON HOLOCAUST IN PHILIPPINES WASHINGhellip

httptrovenlagovau

1912 reports on Tacloban storm lsquokillingrsquo 15000 resurface | Headlines News The Philippine Star | philstarcom

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

Cannibalism in Shensi ndash ENTIRE CITY RAZED BY FLOOD IN CHINA

30 Nov 1912 ndash DEADLY TYPHOON HOLOCAUST IN PHILIPPINES WASHINGhellip

httptrovenlagovau

1912 reports on Tacloban storm lsquokillingrsquo 15000 resurface | Headlines News The Philippine Star | philstarcom

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

30 Nov 1912 ndash DEADLY TYPHOON HOLOCAUST IN PHILIPPINES WASHINGhellip

httptrovenlagovau

1912 reports on Tacloban storm lsquokillingrsquo 15000 resurface | Headlines News The Philippine Star | philstarcom

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

All news clippings above lifted from this site httpsstevengoddardwordpresscombelow350-org

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

That is why where there are wind farms there are NO houses resorts shops hotelshellip (aside from flattening mountain ridges cutting thousands of trees there)

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

bull Climate scare and alarmism ldquorenewables to save the planetrdquo is all about more and bigger governments more UN

bull About huge climate money $100Byear or $500Byear

bull It is about more global ecological and energy central planning

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations

1 Government regulations in electricity and energy consist of 3 levels (a) outright state monopolization of power generation transmission distribution (b) multiple taxes permits and bureaucracies before one can put up power plantshellip

2 The worst is (c) energy rationing ecological central planning ldquoto save the planetrdquo But the planet does not need any saviour because CC is natural (nature-made not ldquoman-maderdquo) and cyclical (warming-cooling)

3 Extreme weather severe flooding and drought have precedents It is dishonest to say they are only ldquorecent due to more use of fossil fuelsrdquo

4 Climate scare and alarmism is all about more governments more UN more climate money (target of $500Byear of financial central planning)

5 The UN and its hundreds of attached agencies including foreign aid are non-friends of freedom and liberty

6 To assert freedom and liberty do not support UN and governmentsrsquo various moves at energy rationing and more regulations

5 Summary and recommendations