The IMF is part of the United Nations which is unbelievably corrupt.

red baron wrote on Jul 17^th, 2016 at 2:28pm:


Is that because Julie Bishop got a seat on the security council???

http://www.smh.com.au/federal-politics/political-news/julie-bishop-then-and-now-...

juliar wrote on Jul 17^th, 2016 at 2:26pm:


The IMF is not a part of the UN and I am unsure where you got the belief otherwise.  It is controlled by it's own member nations, not the UN.   

'Tax subsidies exist if taxes for energy are below their efficient level. This has two components. First, energy should be taxed the same way as any other consumer product . If energy taxes are lower than this, there is a tax subsidy. Second, some energy products contribute to pollution and global warming— efficient taxation requires that the price of  energy should reflect these adverse effects on society. In most countries, taxes on energy fall far short of this, implying the full costs of consuming energy are not reflected in its price, as it should when energy is priced right'

https://www.imf.org/external/np/fad/subsidies/pdf/note.pdf

They do noyt include any beneficial effects.

Now back to Greenie ravaged and plundered Sth Aust which is slowly discovering that the toy Greenie windymills are pretty useless, you know a bit like the Greenies.


South Australia – Wind Powered Train Wreck: Power Supply Chaos Strands Thousands of Commuters
May 8, 2016 by stopthesethings 9 Comments

South Australia’s wind powered economy is a picture of reliability (see above and below)
.
In its capital, Adelaide, for 2 days in row (28 and 29 April) thousands of hopeful commuters were left to their own devices, as wild variations in wind power output wrecked the power supply to its Seaford/Tonsley electric train line.

We’ll hand over briefly to what passes for journalism in SA to get (as usual) half of the story.
Free ride to pay for train line closure Tim Williams Sunday Mail 1 May 2016

TRAIN passengers who use the lines affected by the electric rail shutdown on Thursday and Friday will ride for free one day this week as compensation.
A fault with a circuit breaker on the Seaford line produced a power outage that caused chaos for commuters on the Seaford and Tonsley lines, with knock-on effects on the Grange line, forcing many to rely on substitute buses or old diesel trains.
Transport Minister Stephen Mullighan yesterday repeated his thanks to commuters for their patience.
“We not only provided some free services (on Friday), substitute services, but we are intending to have a free travel day for those affected lines coming in the week,” he said.
Mr Mullighan said teams of engineers from his department and contractor Siemens were reviewing the “highly unusual” power outage at the Lonsdale substation, where both primary and secondary power feeds failed. An independent investigator will also be appointed.
Mr Mullighan said it was normally possible to switch “seamlessly” between the two power feeds, as had been done four times in the past year.
“Yes, a circuit-breaker did fail but that’s what they are designed to do. It’s highly unusual that separate power feeds coming in from separate parts of the SA Power Networks electricity network were unavailable at the same time.”Mr Mullighan said taxpayers would not have to foot the bill for repairs. Siemens would be asked to fix the substation and prevent future outages.
Sunday Mail
So just how “highly unusual” was the power outage suffered? And what caused it?
South Australia is referred to as Australia’s ‘Wind Power Capital’. Its 1,477MW of wind power capacity is said to equate to around 40% of total generating capacity (a figure soon to increase if Alinta’s Port Augusta Power Plants close, as threatened).
With its attempt to rely on the weather for power, SA has witnessed Statewide blackouts – when wind power output collapses on a total, and totally unpredictable basis: Wind Industry’s Armageddon: Wind Farm Output Collapse Leaves 110,000 South Australian Homes & Businesses Powerless
And short of complete collapses, SA’s grid has become increasingly unstable, with massive and wild fluctuations in wind power output wrecking the security of supply (not to mention the small matter of rocketing power prices).
South Australians are learning to live with daily ‘load-shedding’, that – as we reported previously – even its premier academic institutions have to suffer, along with thousands of other businesses and households. This telling little email from UniSA’s management was flicked to us by one of our SA operatives (who just happens to be an engineer):
email ML
The source of the “failure to the incoming electricity supply” was, as our engineer contact informs us, all about ‘grid instability’, caused by SA’s chaotic, intermittent and unreliable wind power supply.
Our contact also tells us that UniSA’s Mawson Lakes campus (located north of Adelaide and south of Salisbury) had been experiencing frequent supply ‘interruptions’ and wholesale blackouts for months prior to the email notice above. Air-conditioners no longer functioned; lectures were cancelled; the campus would go into “lock-down”; and the power surges and erratic supply damaged electrical equipment and appliances, as well as distribution systems on campus.
The cost of repairing or replacing appliances, equipment or electrical systems – due to erratic wind power supplies (and the power surges, grid instability and consequent grid management chaos that comes with intermittent wind power) – is just another cost that gets brushed aside by one-eyed wind-worshippers.
So too the cost of having thousands of commuters stranded: a result due to the entirely erratic output from wind power, which has turned an otherwise stable supply – essential to run electric trains (and everything else we rely on, for that matter) – totally feral (as we detail below).

Read more in the LINK
https://stopthesethings.com/2016/05/08/south-australia-wind-powered-train-wreck-...

How the Greenie hoodlums starve industry of affordable power.


So, this is what a wind powered ‘future’ looks like …


South Australians Locked in Wind Power Price Disaster: Retail Prices Jump Another 12%
June 20, 2016 by stopthesethings 4 Comments

SA’s Treasurer, Tom Koutsantonis: plays deaf to economic reality.

South Australia is an economic basket case, thanks, in no small part, to its obsession with wind power.

Power prices are spiralling out of control. Back in March SA’s businesses were belted with a 90% hike in their bills, that left manufacturers, miners and other power hungry businesses reeling: Wind Power Costs Crushing South Australian Businesses: Firms Hit with 90% Price Hike

Now residential customers have just been whacked by AGL, with a 12% power price hike (with a whole lot worse to come).  What passes for journalism in SA pitched up the following half-baked ‘analysis’ on the causes of what portends to be a social and economic disaster (STT fills in the gaps a little later).

State’s largest energy retailer, AGL, set to hike electricity bill prices
The AdvertiserDavid Nankervis 15 June 2016

AGL customers will be hit by a big price hike.
THE state’s largest energy retailer, AGL, will slug its customers with an average annual hike of $228 on their electricity bill.
The 12 per cent price hike applies from next month and will have a massive impact as around half the state’s householders are AGL electricity customers.
The price hike has prompted urgent calls from welfare groups for householders to shop around for cheaper deals and save hundreds of dollars a year.
SA Council of Social Services executive director Ross Womersley said he was surprised at the price hike and didn’t understand the rationale behind it.
“No doubt this decision comes at an extraordinary time with householders having just seen savings in network charges of around $140 a year,” Mr Womersley said.
State Treasurer Tom Koutsantonis, himself an AGL customer, also urged customers to shop around. He said the price rise was unjustified and “a dramatic increase for South Australian families”.
In a statement issued this morning, AGL said the price rise was “mainly driven by the cost and availability of coal and gas supply for electricity generation as well as the changing mix of generation output”.
It added that the closure of the coal fired Port Augusta power stations “has contributed to the price changes”.

Opposition energy spokesman Dan van Holst Pellekaan blamed the Government’s promotion of renewable energy for the price rise.
“Labor’s flawed electricity policy led to the closure of the Port Augusta Power Station and now the Weatherill Government is proposing to spend hundreds of millions of taxpayers dollars upgrading an interconnector so it can import coal-generated electricity from Victoria,” he said.
AGL said the average weekly electricity bill increase would be $4.40 per week but this would vary “substantially depending on a customer’s tariff type, their usage, and their existing energy plan”.
The company also warned that new fees for over-the-counter payments and the issuing of paper bills would apply from October 2016.

The Advertiser power-bill
Treasurer Tom Koutsantonis says it’s time to shop around, so let’s see what’s on offer with the other retailers … well, let’s go shopping …
AGL and Origin both set to hike electricity bill prices
The Advertiser David Nankervis 15 June 2016
Ouch! State’s largest power retailer to increase prices
ENERGY retailer Origin will increase electricity bills by 6.5 per cent or $117 a year.
The decision comes on top of AGL’s announcement on Wednesday of a 12 per cent — or $228 a year — increase for electricity as welfare agencies warned more retailers were likely to hike their prices.
Energy Australia refused to rule out price rises when contacted by The Advertiser.
But AGL gas customers will receive good news on Thursday when the retailer announces an average $100-a-year cut to gas bills.
The price rises from the state’s two biggest energy retailers take effect from next month.
St Vincent de Paul researcher Gavin Dufty said “all the retailers will change their prices”.
“You can guarantee the other companies will follow like pigs to a trough,” he said.
Uniting Communities spokesman Mark Henley said he “had no doubt the other retailers will be increasing their prices”.
The price hikes have prompted urgent calls from welfare groups for householders to shop around for cheaper deals to save hundreds of dollars a year.
SA Council of Social Services executive director Ross Womersley said he was surprised at the price hike and “didn’t understand the rationale” behind the increases.
“No doubt these decisions come at an extraordinary time with householders having just seen savings in network charges of around $140 a year,” Mr Womersley said.
Treasurer Tom Koutsantonis, himself an AGL customer, also urged customers to shop around and potentially save hundreds of dollars on their electricity bills.

Read the rest in the LINK
https://stopthesethings.com/2016/06/20/south-australians-locked-in-wind-power-pr...

Only coal can save Sth Aust from the Greenie vandals and hoodlums.




South Australia’s Wind Power Chaos: Victoria’s Coal-Fired Plant its Only Salvation
June 5, 2016 by stopthesethings 6 Comments

Wind cultists have been making the brazen claim that the rampant proliferation of these things in South Australia led to the demise of Alinta’s coal-fired plant at Port Augusta.

The perverse economics of the LRET (and the market distortions of directing RECs – currently worth $80 – to a ‘product’ with NO commercial value) is the culprit, not electricity supplied at crazy random intervals, which, in SA, wind power operators actually pay the grid manager up to $20 per MWh to take, on those occasions when the wind hits its straps for a few hours at a stretch (see our post here).

Without subsidies, conventional generators can’t possibly give power away to ‘compete’ on those terms; not if they want to remain solvent, that is.

The wind cult is also pedalling the myth that, with the closure of Port Augusta, CO2 emissions will plummet and, ergo, we will all be saved from imminent global incineration. As with most mantras, it’s more about the faithful’s beliefs, rather than unassailable facts and their inevitable consequences.

As STT has pointed out, just once or twice, if CO2 gas is the existential threat we’re led to believe, then wind power is as sensible as throwing petrol on a raging fire.

In this In Daily piece, Mike Sandiford (Professor of Geology at the University of Melbourne) points out that, from hereon, South Australians will be importing (via interconnectors) the dispatchable supply, once provided from the coal-fired plant at Port Augusta, from another dispatchable supply; namely coal-fired plant located in Victoria’s Latrobe Valley.

Despite the anti-fossil fuel squad’s momentary cheering, the fact is that, from now on, South Australians will largely be powered by Victorian coal: except, of course, on those – increasingly likely – occasions when wind power output totally collapses (on a totally unpredictable basis – see above), the interconnectors hit their thermal limits, overload and fail – leaving them lit by candles (see our post here).

In the result, rather than CO2 emissions falling, they’re just as likely to rise.

Why Port Augusta shutdown won’t reduce carbon emissions
In Daily Mike Sandiford 12 May 2016

At 9.40 am local time on Monday May 9th the turbines at Alinta’s 520 megawatt Northern Power Station at Port Augusta disconnected from the grid for the last time.
And with it ended more than 50 years of coal-fired power generation in South Australia.
But Northern’s shutdown does not mean that South Australian power supply is coal-free, and it is unlikely to mean that its power consumption is less carbon-intensive, at least in the short term.

[South Australian power dispatch as a percentage of total coloured by fuel type for the period ~ 5:00 am May 9 through to 10 am Monday 10th. Data sourced from AEMO. Units in megawatts. Time is in NEM-time corresponding Australian Eastern Standard time. The vertical dashed line marks the shutting off of the Northern Power station, and the last coal dispatch within South Australia.]
Not long after Northern shutdown, other lights went out across South Australia as storms left a trail of destruction across the network – the weather gods seemingly whipped into a frenzy of excitement.
By early the following morning a new benchmark had been set with wind-power touching 90% of the dispatch onto the South Australian grid.

[South Australian power dispatch as a percentage of total coloured by fuel type for the period ~ 5:00 am May 9 through to 10 am Monday 10th. Data sourced from AEMO.]
The electricity market followed suit, with spot prices rising to $400 per megawatt hour as Northern’s last turbine was shut down, to $480 shortly after, before descending as low as -$34 the following morning.

[5-minute spot prices for the period ~ 5:00 am May 9th through to 10 am May 10th, coloured by NEM region. Units are dollars per megawatt hour. Data sourced from AEMO.]
With power flows across the nation responding to the changing circumstances in South Australia, connected markets followed the merry dance. Across the mainland states, wholesale prices averaged a bit over $90 per megawatt hour across the 29 hour period shown here, about double what we would expect for a typical Autumn weekday. Natural gas did particularly well, returning an average of more than $100 in each of the mainland jurisdictions.

[Volume-weighted wholesale power prices for the period ~ 5:00 am May 9 through to 10 am Monday 10th, by region and by fuel type. Units are dollars per megawatt hour. Data sourced from AEMO.]

To read rest go to the LINK
https://stopthesethings.com/2016/06/05/south-australias-wind-power-chaos-victori...

They share the same goal of raising living standards in their member countries.

Their approaches to this goal are complementary, with the IMF focusing on macroeconomic issues and the World Bank concentrating on long-term economic development and poverty reduction.

http://www.imf.org/external/np/exr/facts/imfwb.htm




List of specialized agencies of the United Nations
From Wikipedia, the free encyclopedia

Specialized agencies are autonomous organizations working with the United Nations and each other through the coordinating machinery of the United Nations Economic and Social Council at the intergovernmental level, and through the Chief Executives Board for coordination (CEB) at the inter-secretariat level.

Specialized agencies may or may not have been originally created by the United Nations, but they are incorporated into the United Nations System by the United Nations Economic and Social Council acting under Articles 57 and 63 of the United Nations Charter.

At present the UN has in total specialized agencies that carry out various functions on behalf of the UN.

The specialized agencies are listed below.

Contents
1      Food and Agriculture Organisation (FAO)
2      International Civil Aviation Organization (ICAO)
3      International Fund for Agricultural Development (IFAD)
4      International Labour Organization (ILO)
5      International Maritime Organization (IMO)
6      International Monetary Fund (IMF)
7      International Telecommunication Union (ITU)
8      United Nations Educational, Scientific and Cultural Organization (UNESCO)
9      United Nations Industrial Development Organization (UNIDO)
10      Universal Postal Union (UPU)
11      World Bank Group (WBG)
11.1      International Bank for Reconstruction and Development (IBRD)
11.2      International Finance Corporation (IFC)
11.3      International Development Association (IDA)
12      World Health Organization (WHO)
13      World Intellectual Property Organization (WIPO)
14      World Meteorological Organization (WMO)
15      World Tourism Organization (UNWTO)
16      Former specialized agencies
17      Related organizations
17.1      Comprehensive Nuclear-Test-Ban Treaty Organization Preparatory Commission
17.2      International Atomic Energy Agency (IAEA)
17.3      Organisation for the Prohibition of Chemical Weapons
17.4      World Trade Organization (WTO)
18      Summary
19      See also
20      References
21      External links

https://en.wikipedia.org/wiki/List_of_specialized_agencies_of_the_United_Nations