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Thread: Renewable energy exploding

  1. #111
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    Sep 2012
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    Quote Originally Posted by DiscoMick View Post
    Didn't you read it?
    The International Monetary Fund calculates those things, based on information published by governments.
    you know the IMF's goal is to help the rich get richer yeah?
    Quote Originally Posted by DazzaTD5 View Post
    Its a land Rover Defender... you need a real mechanic

  2. #112
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    No one will finance new coal stations because they will become stranded assets in the future.
    That's the reality.
    Funny I know of 4 being planned at the moment.
    I cannot say more as it was told in confidence.
    But don't take everything you hear in media as true.

    Regards PhilipA

  3. #113
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    Do any of them have finance? That's the key.
    2009 Defender 110 2.4. ARB bulbar, Ironman winch, Safari snorkel, Steinbauer chip, AP HD clutch, Lightforce spots, larger tank, Off Road Systems drawer, Traxide 160 controller, Tekonsha brakes, Mulgo seat runners, Uniden UHF, Nuggetstuff seat corners, breathers, Polaris GPS.

  4. #114
    Join Date
    Feb 2010
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    Melbourne
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    Battlelines drawn over Australia's hydrogen 'fork in the road'

    Of interest I think as I see local government, state not necessarily Feds leading the changes about to change

    "Chief Scientist Alan Finkel will kick off the COAG energy council meeting - the only such gathering in 2019 - with a presentation on Australia's National Hydrogen Strategy, according to a copy of the agenda obtained by The Sydney Morning Herald and The Age."

    With game changing bio gas use for carbon free production of hydrogen being one of my mad investments I note coal bulls getting upset with Vic "Coal on 'life support': unions demand closure deal at Yallourn"

    A some papers I just received re 50+ Hydrogen trains needs a French friends help which I am lucky to have happily.

    COAG energy council meeting will be entertaining as I think competition between states is assured. WA with billions in the game already seems to be best place for this I think.

  5. #115
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    I can't post it here because it is political, but The Guardian has a story about the leaked agenda for the COAG meeting.
    Basically, the feds are trying to get support for their ineffectual emissions reduction fund, but the states are demanding federal funding for their power generation projects.
    2009 Defender 110 2.4. ARB bulbar, Ironman winch, Safari snorkel, Steinbauer chip, AP HD clutch, Lightforce spots, larger tank, Off Road Systems drawer, Traxide 160 controller, Tekonsha brakes, Mulgo seat runners, Uniden UHF, Nuggetstuff seat corners, breathers, Polaris GPS.

  6. #116
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    Only thing the feds care about a lot is that the budget gets into surplus. Although that serms to be changing a little bit. No energy policy, unless it's about coal, no climate change policy, unless it includes coal. Laughed at the SA battery solution.
    And btw from a leading economist "the only reason for a budget surplus is to slow the economy in order to control inflation".

  7. #117
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    The reason for a budget surplus is fundamentally to avoid getting back into the "recession we had to have", which was the result of deficit plus high interest rates leading to a ridiculous proportion of federal revenue going into servicing debt. (And Australia got of lightly compared to some other countries!)

    With the current very low interest rates, plus sluggish economy, there is a very good case for downgrading the priority of a surplus.
    John

    JDNSW
    1986 110 County 3.9 diesel
    1970 2a 109 2.25 petrol

  8. #118
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    Particularly if the money is spent on productive nation building projects which grow the economy.
    2009 Defender 110 2.4. ARB bulbar, Ironman winch, Safari snorkel, Steinbauer chip, AP HD clutch, Lightforce spots, larger tank, Off Road Systems drawer, Traxide 160 controller, Tekonsha brakes, Mulgo seat runners, Uniden UHF, Nuggetstuff seat corners, breathers, Polaris GPS.

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