Opinion AUSTRALIAN Politics: Adelaide Board Discussion Part 5

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Both sides do it, not sure why you get so triggered by it.

It ain’t right at all but to get all upset over it, not worth the bother.
I don't think anyone would disagree with that premise but the Andrews Government came to power in 2014 inheriting a $22.3bn debt now projected out to $188bn by 2027-28 in this totally incompetent "former" treasurer's forecast, and I'd be betting it will be worse than that given he's never got it right ever in his decade long shitshow.
 

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The big problem with Hydrogen powered cars is the lack of refueling points in Australia. Last time I checked there were only a couple in Melbourne and 1 in Canberra.

Hydrogen powered cars - either ICE or fuel cell - have the advantage of quick refuelling, on par with petrol/diesel. They don't require lengthy stops, while the battery is recharged.

It's still very much an open question as to whether Hydrogen or battery EVs will win out, or even if we'll have a mix of vehicles on the road (as we have long had with petrol & diesel).

Then there's the question of how the Hydrogen is created, as this process requires a LOT of electricity. Hydrogen isn't very green if the electricity used to split H2 from O in water comes from coal generators.
Development seems to be moving ahead pretty quickly now re hydrogen engines....





 
I don't think anyone would disagree with that premise but the Andrews Government came to power in 2014 inheriting a $22.3bn debt now projected out to $188bn by 2027-28 in this totally incompetent "former" treasurer's forecast, and I'd be betting it will be worse than that given he's never got it right ever in his decade long shitshow.

So you don’t think building things is a good thing with borrowed money?

I’m not making any judgements either way on Tim given I don’t follow Vic politics as close as you.
 
Of course afterall the Conversation is just another lefty online rag.

Normal response without bothering to critique stuff.

That is so you.

If you don’t think the climate in Adelaide and Perth has changed over the past 50 years, I’ve got a good bridge to sell to you.

And there is a difference between climate and weather for any dumbarses out there.
 
So how reliable is nuclear & how does it compare to other energy sources like Gas?


One can gather what his response will be to this would be.

Leftist website would be high in the bingo card.
 
So you don’t think building things is a good thing with borrowed money?

I’m not making any judgements either way on Tim given I don’t follow Vic politics as close as you.
The issue as an outsider is not so much building things, but being smart about spending as the Victorians have gone into far more debt per capita than other states.

No issue with governments going into debt for capital projects, but they need to be sensible about it. Eg. I don't think $32K per household for Nuclear is sensible, just as plenty of Victorian projects have been wasteful like the commonwealth games.
 
Nice of Palmer to suggest Australians should be more compassionate...


Does this mean he is going to finally pay up on all his debts (which he could easily do if he didn't piss money up against the wall with his ads)



 

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Nice of Palmer to suggest Australians should be more compassionate...


Does this mean he is going to finally pay up on all his debts (which he could easily do if he didn't piss money up against the wall with his ads)




Doubt he would pay up, he is just another grifter.
 
Nice of Palmer to suggest Australians should be more compassionate...


Does this mean he is going to finally pay up on all his debts (which he could easily do if he didn't piss money up against the wall with his ads)






Billionaire Clive Palmer has applied to trademark the terms “teal” and “Clive and Pauline Party”
 
The only problem is those that vote for the Teals are probably better educated and more knowledgeable than those that would vote for Palmer and Hanson. And of course, Hansonites and Palmernites aren’t racist at all.

The teals highlight the problem with the modern LNP. The NP in particular went too far right in the last election dragging the LP with them and the teals capitalised by winning the moderate vote.

As I recall a lot of right wing media blamed voters for this like the voters should somehow just follow the LNP through all their policies and just vote for them. But my argument is its up to the party to win your vote, hence the whole pre election policies discussions. The LNP were a bunch of imbeciles at the last election and got what they deserved. And what utter arrogance to blame the voters because they ignored a section of their party.
 
Interesting article on SMR's. Given more costly than larger scale nuclear power plants, is why governments are having to fund as otherwise not viable privately.

Costs so far have been higher than budgeted, but costs should reduce as new technology.

 
Here's one for Bicks & others on better understanding renewables...


These type of articles don't help your brethren on here understanding that we will need to supplement renewables with fossil fuels for a long, long time. You've previously acknowledged that will be gas.

This report is misleading by stating "Only 8 per cent of Australians understand how much land will be needed to increase the country’s energy generation by 20 times. Most overestimate the land cost of renewables, which is a knowledge gap that anti-renewables campaigners have become adept at leveraging.

The Climate Council report says all of Australia’s power needs can be met by building on 1200 square kilometres of land, or 120,000 hectares."

This report states ALL OF AUSTRALIAS POWER NEEDS can be met by building renewable on 120,00 hectares.

This is clearly false, if a magic wand was waved today and these 120,000 hectares was filled with PV, wind and batteries it would still not work if all the coal and gas generation was switched off.

The battery capacity is just not there when the sun goes down and the wind stops blowing, you know that.

Reports like these are not helpful for 'non-technical' people who have good intentions but don't understand the physics.
 
I am wondering if there is a gas glut our gas prices domestically will fall. With our $ dropping this may be bad for our trade balance figures.


GAS GLUT FEARS AS US DRILLS

Incoming US President Donald Trump’s immediate action to bolster oil and gas production will create an eventual global glut but Australia’s largest fossil fuel companies are likely to endure the immediate impact as expansion efforts take months if not years to materialize. Trump is expected to move immediately with a series of executive orders that unwind President Joe Biden’s limits on drilling offshore and on federal land. He is also said to be planning to push for a rollback of tailpipe emissions rules he has described as an “EV mandate”, and resume approvals for plants that export US natural gas. The expansion is expected to fuel global supplies, but analysts have said this is likely to materialize in the medium-term, and the likes of Woodside, Santos and Origin through its LNG venture will not be impacted through lower prices at least in the near future. MST Marquee energy analyst Saul Kavonic said Mr Trump’s actions will take time to filter through.“Liquify baby, liquify – but it will take time: Trump is likely to relax regulatory restrictions for LNG projects,” Mr Kavonic said.“But this is unlikely to impact US LNG supply this decade, as Federal Energy Regulatory Commission approvals remain backlogged, which Trump is unlikely to be able to fix quickly, while the cost of inflation and commercial pressures drive delays to final investment decisions.“The ‘next/third’ US supply wave appears pushed to the right, with volumes to only arise from 2029-30 at earliest. A Trump presidency could help support a larger US LNG wave from 2030, however, as easier approvals and Trump demands for trade partners to buy US goods support more projects.”The outlook for relatively stable production until later this decade is a boost to the likes of Woodside and Santos. Both hope to continue to profit from strong demand for LNG, particularly from Asia which is moving away from coal. Woodside and Santos are poised to deliver increased production into the market. Santos is imminently close to completing works of its $5.7bnBarossa LNG project, while Woodside expects to ship the first LNG cargo from its $US12.5bn ($20.19bn) Scarborough development in 2026.Both projects have been earmarked as critical for driving higher earnings but the expansion has put them in the crosshairs of environmentalists –who accuse both of hindering global efforts to curtail emissions. While both developments are cheered by investors and analysts, Woodside has strained its standing with investors in recent months with its US expansion. In late 2024, Woodside completed its acquisition of Driftwood from USLNG company Tellurian in a deal worth $US1.2bn.The buyout catapulted it into one of the world’s biggest LNG players. Woodside has subsequently renamed Driftwood to Louisiana LNG. Woodside has said it hopes to strike partnerships with other companiesfor minority stakes in the first quarter of 2025 before a final investment decision is taken. Woodside has said production is set to begin in 2028, which would see the Australian company bolster production just as a global expansion isexpected.Woodside’s chief executive Meg O’Neill has said the company has a HeadStart over other US developments, which would allow it to enjoy strong returns from Louisiana LNG for some time. While there is uncertainty about the long-term, a global glut could be beneficial to Australia’s east coast. Australia’s most populous states face a shortfall of gas as soon as this year though it is expected to be material by2028 when transitional sources begin to deplete. With developments, including the likes of Santos’s Narrabri project, struggling to secure regulatory and social support, Australia’s east coast is increasingly likely to have to import LNG. The Australian Competition and Consumer Commission last week conceded the eastern seaboard would soon be reliant on importing LNG cargoes as supplies from traditional sources begin to deplete, which couldput upward pressure on prices. Importing LNG would require more expensive transport, even if spot cargoes can be sourced from domestic exporters in Queensland. Proponents of LNG import terminals, however, insist global expansion will soon create an oversupply of LNG, which will offset the higher transport costs, when compared to traditional piped supplies
 

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Opinion AUSTRALIAN Politics: Adelaide Board Discussion Part 5

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