We have to aim higher than just recovery. That’s why I say we need reform to achieve renewal. To drive the change that we need in the here and now, but always with a view to how we can shape the future. This is the core of the economic plan that we took to the election… Governing can’t just be an exercise in getting through to the end of the day, to the other side of the story, or even to the next election. Government has a responsibility to plan for the future, to build for the long-term, to implement the reforms that arm people with every chance to fulfil their potential.”
Anthony Albanese today read the Kamala Harris speech that Shaquille hand-delivered
I suspect that many of the third of Australians who voted for Albo are already having buyer’s remorse.
Yes, I watched him reading from the magical clear screen and then struggling with soft questions. Clearly the unions are going to have a major say.
Made the mistake of having the radio on this morning and heard him blabbing on, reckon he only just pulled himself up from mentioning his mum and housing commission life.
Whole lot gunna, not much actual doing.
Yeah the media will let him off.
Albo has already said this is impossible, impossible I tell you!
We can’t expect him to do the impossible.
Even if he promised this during the election campaign.
‘We can’t do everything we would like to do’: Albanese (Sky News, 6 Jul)
If this was the Libs lying about election promises the MSM would be all over it.
Since it’s Labor, crickets.
Dried wholesome crunchy crickets bred on a Bill Gates Cricket Ranch.
and WEF flavored.
He has not said it is impossible.
The price of energy has risen because of a large rise in both gas and coal and because of the many unit breakdowns in coal fired power stations.
The price of energy will come down as we become more dependant on much cheaper renewables.
The fool that got rid of the price on carbon means we do not have lower prices now.
?
You mean the price of energy has risen because of the undermining of gas and coal.
I still can’t believe there is crickets about Albo demanding the covid quarantine period be reduced to 5 days so a footballer can play for his favourite team.
As Murray pointed out last night, had ScoMo done that for the Cronulla Sharks, a Royal Commission would already have been called.
No CL it is your mate that invaded Ukraine that is behind all this.
So not the stupid, self-defeating sanctions on Russia?
Non Mentis
The price of energy will come down as we become more dependant on much cheaper renewables.
Bridge for sale, I accept BitCoin. Or I have a Nigerian contact who can “help” you with a loan.
the sanctions were not self defeating nor stupid. they are working well.
I think you need to look at WHEN coal and gas prices rose quite a lot.
Err they fell last because of renewables. you do love showing people how stupid you are.
Non Mentis is a blithering moron. There is no point in trying to make sense of his random idiocy.
List all the countries on Earth where they have successfully brought down the price of electicity by being dependent on wind, solar, wave power, tide power, etc.
deplorables are innumerate and so do not understand renewables are vastly cheaper than fossil fuels.
They cannot undo the price rises due to privatisations overnight nor of the illegal invasion of Ukraine over even a year. It takes time to transition.
List one country where the price of energy is NOT due to the price of coal and gas going to the moon!
Non Mentis
deplorables are innumerate and so do not understand renewables are vastly cheaper than fossil fuels.
That bridge is still for sale, and I now offer to throw in a nearby opera house for a reasonable additional sum.
List one country where the price of energy is NOT due to the price of coal and gas going to the moon!
This has been explained many times before, it is all about the requirement to provide fossil fuel back-up for inherently intermittent ruinables, but you (like all so-called “Progressives”) are too stupid to understand.
PS, repeating your bullshit multiple times does not magically make it become true.
NSW electricity started privatising 20 years ago, but my electricity rate jumped up by 50% just this year … never seen that kind of jump before. Must be a weird delayed reaction, or perhaps just another BS Green talking point.
Hey are you still measuring electrical energy in kW/h like you were before? Or you finally want to admit you got that wrong?
You don’t actually have any idea what a killowatt is do you? You can’t explain capacity factor, or how to backup an intermittent supply. Have a go at demonstrating any knowledge at all … any small thing is fine. Even copying a short paragraph from your favourite elec eng text book is sufficient. Give it a try.
Reasons for the price of electricity to rise substantially over a 10 year period.
See ACCC or the Grattan instute the best think tank around who essentially agree. 80-83% of the rise due to privatisation.
On current rise see AEMO. Reason fossil fuels and many break down of units in highly unreliable coal fired power stations.
Mate you still haven’t recovered by not knowing public companies have to make a statement to the ASX when they discontinue with an asset, in this case a power station.
By the way the CSIRO have found we do not need as much back up for renewables because we have actually seen intermittent power in action with coal fired power stations.
ironic huh!
analysts, power companies and just about everyone agrees renewables are much cheaper. Garnaut maybe out in his thought solar power wil get to $30 kw/h by 2030, It maybe 2025!
Non Mentis
many break down of units in highly unreliable coal fired power stations.
I continue to be amazed that someone who seems to claim to expertise in economics can be so blind to the effects of government forcing sovereign risk on fossil fuel generators.
By the way the CSIRO have found we do not need as much back up for renewables because we have actually seen intermittent power in action with coal fired power stations.
Even by the lax standards of the modern CSIRO, that is pathetic.
analysts, power companies and just about everyone agrees renewables are much cheaper. Garnaut maybe out in his thought solar power wil get to $30 kw/h by 2030, It maybe 2025!
There just won’t be many KWh available, and only at irregular times. What you don’t get, you don’t have to pay for. That will reduce the energy bills!
PS, you are still completely ignorant of the actual units that are used. And too stupid to even look them up.
That spooky statement that supposedly I made … but you can never link to it or remember what in fact the quote was? The statement that you imagined … kind of like the way you imagine unreliable coal (with far higher capacity factor than any wind turbine) and you imagine the fabled land where energy costs have come down.
Must be somewhere on Earth where this strategy has worked, right? Some small place, maybe not a whole country, just one state within a country. Tell us the place, I want to check it out.
you claimed RET was the reason Alinta closed the power station. as usual you offered no proof. As usual you did not know how companies work.
If Alinta made a false statement to the ASX they could be prosecuted.
not fabled they came down HERE last year and even Taylor had to admit it was because of renewables. you might even read AEMO as well.
sovereign risk? They bought the power stations for a song and then invested as ,little as possible. They simply did not realise the solar duck curve made meant coal fired power stations only made money at night.
Oh by the way the new windtowers produce electricty even in a wind drought.
I guess the east coast were lucky that solar energy saved us from a black out caused by the highly unreliable coal fired power stations.
By the way a new coal fired power station would have costs of around $80kw/hr. It takes 8 years to build. Do you want to have a guess why one wil never be built. And the units would break down in hot weather!
NonMentis
sovereign risk? They bought the power stations for a song and then invested as ,little as possible. They simply did not realise the solar duck curve made meant coal fired power stations only made money at night.
Governments telling fossil fuel generators that they had a short future didn’t discourage excessive “investment” in maintenance? In what fantasy world do you live.
You might not have noticed that there are frequently cloudy days with no local wind. Had the fossil generators closed down, what would your excuse have been for the lack of power?
Do you want to have a guess why one wil (sic) never be built.
Because governments, advised by fools and incompetents, have ensured that even the best maintained generator, with a capacity factor, can never make a profit, because of legislation giving intermittent, unreliable, ruinables priority access to the market?
And what will be the hourly cost of a System Black in a major state? By telling fossil generators that they will not be allowed to make money, government (advised by …etc) have almost guaranteed that such will occur.
You had better install that “uneconomic” battery behind your house, you will need it.
If you refer to this comment here … https://thecurrencylad.com/2021/10/11/news-corp-real-aussie-blokes-in-hi-viz-love-unemployment/comment-page-2/#comment-992
I said no such thing … I never mentioned Alinta, nor did I mention RET and it was about the consequences of closing that power station, not whatever reason it might have been closed. Either learn to read … or come up with the mystical comment that exists in your imagination. It’s a public blog … all the comments are right out in the open, and if you had anything you would have provided it by now.
If you think that simply making stuff up is a substitute for presenting some sort of case then it ain’t gonna work … constant repetition of the false claim that somehow wind and solar are more reliable than coal won’t work either … when hard real world evidence demonstrates otherwise, see also “capacity factory” which you still don’t understand and refuse to educate yourself.
Hey Bozo, you are trying to lay low and hide from this … give a link and provide some evidence else it’s time for you to apologize.
You got nothing, do you?
hey bozo that isn’t even the link. typical inaccurate comment from you.
Of course you didn’t mention Alinta you didn’t even know they owned it.
you are an embarrassment. don’t get involved with the adults you have no idea.
to the other bozo the governments didn’t tell them that. They already knew that indeed the Origin CEO confirmed that this year.
governments do not build, or own power stations public companies do.
Deplorables loves people to see how stupid they are.
You provide the correct link then. I’ve asked many times and you have no idea.
Put up or shut up.
In terms of the comment above, ownership of the plant is irrelevant to the demonstrable fact that South Australia’s electricity grid became less stable after that plant was destroyed … especially for people living up North of Adelaide. It’s about physical consequences not the ASX.
Non Mentis
to the other bozo the governments didn’t tell them that. They already knew that indeed the Origin CEO confirmed that this year.
governments do not build, or own power stations public companies do.
Thanks for confirming that. Now why would companies that were aware of the government intention to eventually close them down be reluctant to waste money on long term maintenance of equipment that they have already knew would have no long term future?