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The only reason there are no new coal fired power stations is politics.
Clive Palmer is ready and able to finance a new HELE plant at his coal mine and was given the go ahead by the local government but approval Aiken over by the Queensland government,
There are three others in panning stage .
I know the main design engineer.
Regards PhilipA
I thought Clive needed to bankrupt WA to be able to do much[biggrin] He is my new magic pudding in so many ways. Titanic fail and so many more[thumbsupbig]Quote:
Originally Posted by PhilipA
I am surprised the you resort to denigration without knowing the facts .
Clive no matter what you think of him is an astute businessman and one of the only Australian business figures who have trounced the Chinese in business negotiations.
I have no love for him but respect his business sense and don’t you think WA were done over and forced to change a law to avoid paying a contractual obligation freely entered into.
Rgards PhilipA
Very astute - refused to pay what was owed when he walked away from Qld Nickel and only paid when the court ordered him to - was happy to leave the workers with none of their entitlements even though he could afford it without a blip to his lifestyle or anything else.Quote:
Originally Posted by PhilipA
He's a despicable excuse for a human being & an oxygen thief. Only saving grace is due to his size, I'm sure he'll die an early death due to something like heart disease, etc.
Agree that Clive is a lowlife, but the Chinese had everything ready to go to build two new power stations in the Hunter Valley, and they were stopped.
In this case, it was to keep the Chinese out, ( a good move ) but if they could see the potential why is it that no one else is trying.
We need at least two new coal fired power stations, just to meet our short term needs, and a total of four to meet our long term needs and to support growth.
Green power does NOT work and there are now plenty of examples from overseas to prove this.
Furthermore, even the greenie controlled Labor Party is now saying we need a gas fired power station, because they know that even a SMALL increase in electric car owner ship will totally overwhelm the existing power supply, WITH the existing coal fired power stations, which are now expected to be closed sooner than planned.
Who is going to pay for these new power supplies and the massive increase in the grid just so a SMALL number of people can drive their new electric cars?
What about the new solar plants being installed around the traps? Are they useless too? The one at Winton on the Hume hwy looks cool as.
Not sure how affective they are. But clearly they only work when the sun is shining.
Solar needs sun[thumbsupbig] Clive and Hitlers bullet proof car could go in so many places "Clive Palmer may have just bought Hitler's car, say Liberals and Labor" ABC fodder so not totally offensive I hope dear mods[bigsmile1]Quote:
Originally Posted by gusthedog
Germany will be buying a LOT of coal to cover the Nord Stream 2 boycott. Sunshine for coal ?
https://www.aljazeera.com/wp-content...size=770%2C513
"The 18 coal plants operating in Serbia, Kosovo, Bosnia and Herzegovina, North Macedonia and Montenegro were responsible for 19,000 deaths over the past three years, according to projections in a report by CEE Bankwatch Network and the Centre for Research on Energy and Clean Air. More than half of those deaths were estimated to be within the EU."
With prices up and use up for coal the cost is clear? [bigwhistle][bigwhistle][bigwhistle]
I wonder why Clive Needs a bullet proof car?
https://live-production.wcms.abc-cdn...862&height=485
Is this the CA thread I keep hearing about?
Lot of slander and controversial statements against individuals, countries, the governments - it has got it all.
I love it. [emoji106]
Back on topic - coal spot price is taking off thanks to the actions of an alleged war criminal, bully and super-lowlife.
Even China has been quietly taking Australian coal again!
Coal mining is booming here in Australia.
Correct plus. It is make hay while the sun shines I think as does a nice well known Coal/Government gent "Coal-fired power in Australia could be over within 10 years concedes lobbyist Ian Macfarlane" Didn't really surprised me this morning[thumbsupbig] From a Bull to a Bear "Only five years ago former Coalition resources minister and now lobbyist Ian Macfarlane argued Australia needed to build more coal-fired power stations, now he concedes there could be none left in 10 years."Quote:
Originally Posted by DiscoDB
Smart gent I think.
A lot of the smaller coal mines in Australia have less than 10 years of ore remaining in their current life of mine plans.
There will be larger mines still running beyond 10yrs, but getting finance, insurance, and approvals for new mines or expansions is very challenging.
However it is unlikely we will see a stop to exporting coking coal used for steel making for some time to come. If we are still exporting iron ore, we will be still exporting coking coal.
I predict in 10yrs time, most thermal coal still being used in Power Stations in China will come from Russia. There are a lot of new mines opening up in Russia and they will be able to get finance and insurance from China.
75% of the proven coal reserves in the world are in just 5 countries - USA (23%), Russia (15%), Australia (14%), China (13%), and India (10%). Sitting just outside of the top 5 is Ukraine. [emoji848]