JC Political Thread - For All Things Political Part 2

[the_boozer]

Gee all these cheap renewables are really making prices fall.

https://www.sbs.com.au/news/article...lians-according-to-energy-regulator/k8g00jheg

More b*llshit if you don't own something how do you control it the entire country is full of b*llshit. Until we have a revolution nothing will change every year of my life pathetic's have given more of the country away. Look at what actually happens not the nice words they say.

 

[AirStrike]

To be fair, he did say by 2025.

BUT.....given how prices have increased since he made that promise, I don't like our chances of power costs being $275 cheaper than at that time.

By time the $275 discount roles around we’ll be $500 worse off than when the promise was made

 

[JRNZER]

By time the $275 discount roles around we’ll be $500 worse off than when the promise was made

But you'll still have the $275 discount, Which will make the pollies feel like a job well done

 

[J_D 2.0]

Gee all these cheap renewables are really making prices fall.

https://www.sbs.com.au/news/article...lians-according-to-energy-regulator/k8g00jheg

I await the mental gymnastics to try and blame capitalism and big companies.

Well fossil fuel prices going ballistic due to the Ukraine war was a lot of the reason that prices increased in the first place.

It’s not mental gymnastics to suggest that more energy that we are firmly in control of (renewables) and has no ongoing fuel cost is better that paying whatever the oil/gas/coal price happens to be today, usually to some foreign dictator.

Also you can’t arbitrage wind turbines and solar panels. Once they are installed all the energy stays here and can’t just be whisked off overseas to the highest bidder like what happens with our LNG.

 

[shane_3800]

Well fossil fuel prices going ballistic due to the Ukraine war was a lot of the reason that prices increased in the first place.

It’s not mental gymnastics to suggest that more energy that we are firmly in control of (renewables) and has no ongoing fuel cost is better that paying whatever the oil/gas/coal price happens to be today, usually to some foreign dictator.

Also you can’t arbitrage wind turbines and solar panels. Once they are installed all the energy stays here and can’t just be whisked off overseas to the highest bidder like what happens with our LNG.

The prices didn't go crazy.

Also, we have some of the world's largest coal deposits in our own country.

Try again.

 

[shane_3800]

https://www.google.com/amp/s/amp.th...gencost-report-nuclear-energy-renewables-cost

But the CSIRO haven't taken cost blow outs into account.
The Snowy 2 project was meant to cost $2,000,000,000 it's now at $12,000,000,000. So what is the point of making a biased report if in 5 years all the costs will just blow out.
Not to mention the 28,000km of transmission lines not in the report that will also cost blow out like Snowy 2.

 

[UTE042_NZ]

"This morning, his lawyers informed the New York Court that Trump was unable to secure a roughly half-billion dollar bond in order to appeal his civil fraud case. This means Attorney General Letitia James could seek to freeze bank accounts and seize his marquee properties."

Trump not as rich as claimed

Also, up against some of his own words.

 

[chrisp]

https://www.google.com/amp/s/amp.th...gencost-report-nuclear-energy-renewables-cost

But the CSIRO haven't taken cost blow outs into account.
The Snowy 2 project was meant to cost $2,000,000,000 it's now at $12,000,000,000. So what is the point of making a biased report if in 5 years all the costs will just blow out.
Not to mention the 28,000km of transmission lines not in the report that will also cost blow out like Snowy 2.

Do you reckon that nuclear is immune to ’cost blow outs’? Lot’s of major projects run over cost, and time, so the comparative cost basis in the report still stands.

 

[shane_3800]

Do you reckon that nuclear is immune to ’cost blow outs’? Lot’s of major projects run over cost, and time, so the comparative cost basis in the report still stands.

Yes but unlike Snowy 2 pumped hydro and offshore wind farms, nuclear energy is a tried and tested method of power generation, with over 70 years of operation behind it.

 

[Immortality]

The prices didn't go crazy.

Also, we have some of the world's largest coal deposits in our own country.

Try again.

Just because you have coal produced locally doesn't mean it makes it cheap. Coal, oil, petrol/diesel are all traded on commodity markets which tend to dictate prices.

Ukraine has hit 12 Russian oil refineries and the last few days, their capacity to produce petroleum products is taking a real hit and it will have a flow on effect on the world markets.

https://www.google.com/amp/s/amp.th...gencost-report-nuclear-energy-renewables-cost

But the CSIRO haven't taken cost blow outs into account.
The Snowy 2 project was meant to cost $2,000,000,000 it's now at $12,000,000,000. So what is the point of making a biased report if in 5 years all the costs will just blow out.
Not to mention the 28,000km of transmission lines not in the report that will also cost blow out like Snowy 2.

And the same thing will happen with anything they try to built, solar, wind, nuclear, coal.....