The Forum > General Discussion > A Conversation About this Election
A Conversation About this Election
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Posted by Luciferase, Saturday, 11 May 2019 12:25:19 PM
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(cont')
Anyway, no doubt you're unmoved by any reality presented and this thread is not solely about Labor's (more) ruinous energy policy. The day there is a feasible, viable new grid-scale storage technology breakthrough, I will recognize it and join your renewables enthusiasts glee club. Until then, I'll focus on proven solutions that are actually in front of us to power modern 24/7/365 civilization world-wide. I believe man can dominate this planet and do right by it and him/herself Posted by Luciferase, Saturday, 11 May 2019 12:26:08 PM
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http://www.smh.com.au/federal-election-2019/a-chance-to-re-elect-the-greatest-political-campaigner-of-his-generation-20190510-p51lzb.html
Tony Abbotts sister wrote the link, worth a read Now lower house,will Palmers reincarnation win a seat? unlikely odds about five to one on against Will one nation, same again Will Australian Conservatives, same again Greens hold one, can they make it two,more likely than any of the above but not banking on it That leaves the senate,will one nation win another seat? even in their strong hold Queensland? No easy task Palmer is taking their base Palmer? what can he, or for that matter any small party achieve? Not much at all. Posted by Belly, Saturday, 11 May 2019 1:02:52 PM
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Dear Belly and Foxy,
All I can say is - be careful what you wish for. We all have biases, but the danger is when we allow these to cloud our vision. I wish it was as simple as taking all that is presented as totally legitimate and achievable, and believe without reserve in the total integrity of the system and all of the players. No can be. Should we fall unwittingly into the error of judging every book by its cover, rather than critically evaluating the entire contents, why then, we prove to be human, emotional and inevitably, fallible. Just to consider a few of the matters being proposed: If removing negative gearing is such a good idea, why was it so hastily discarded by Paul Keating? Recognition of a substantial vote-loser, or of an economy brake, job loser and all-round bad idea? Why penalize those who have worked hard, and fairly, and built a nest-egg including some dividend-producing shares as insurance for their retirement against any severe reduction in interest rates on bonds or term deposits? Should we blame them, and penalize them for such foresight? When I bought my first home, around 1993, the home loan interest rate was 17%, and term deposit rates were around 10%. Dividends currently of 5-7% annually, measure up rather well against the current (and long term) RBA base rate of 1.5%, don't you think?? What could those poor blighters have been thinking? Tax incentives were placed on superannuation savings to induce greater savings (as was the introduction by Labor of compulsory superannuation) - greater savings to reduce future calls on the aged pension. So, what's changed, to induce reducing those tax incentives? A necessary action to hedge against a potential national budget blow-out? Similarly, changes to capital gains tax? Again, Budget hedging? What's next? A clean, green Oz? What do you think we've got now? (Wow, look at all that nasty pollution killing our trees and native animals?) Posted by Saltpetre, Saturday, 11 May 2019 1:33:51 PM
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Continued:
Ultimately, the best way to improve the fortunes of those doing it tough, those lowest on the peg and trying to move up, is to build the economy for everyone, making sure everyone can have a job, building loads of well designed public housing, keeping prices and inflation in check, and ensuring those on the top of the ladder pay their rightful contributions to the public purse. But, not by 'raiding' the savings of those who have provided for their own retirement so as not to have to call on the aged pension. A perfect world? Not any time soon. Everything worthwhile has to be worked for, saved for, and in sure and certain confidence that some government is not going to come along and take it away from you, to give it to someone else who hasn't yet put in the hard yards. Ethics, integrity, honour and justice for all, and nothing less. Posted by Saltpetre, Saturday, 11 May 2019 1:33:55 PM
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Dear Saltpetre,
My husband and I have already voted. I have every confidence in our choice. Talking about football. If a team keeps changing captains and keeps losing players - is it a winning team and should we support it? Posted by Foxy, Saturday, 11 May 2019 2:00:47 PM
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They have applied this camouflage in local council elections to some effect over the last couple of years, masquerading as ordinary folk wanting to to the best for their community then pushing to dump recognition of Australia Day, for example. R de Natale promotes the greening of local politics knowing this tactic, I believe.
Aidan, renewables + storage = dispatchable electricity = baseload
To claim Germany doesn't have enough power to charge storage can be fixed by them building sufficient renewable generation along with grid scale-storage, but they chose to build coal instead. There's a lesson in economics right there that you SA reject, on SA's behalf. That's the problem with the dreamers, of which you are proud to be one, they think it's always just poor execution that causes failure, not the concept itself, with socialism being an example.
To power a modern civilization grid-scale storage is needed for days at a time. In no-nuke, no fossil fuels scenario, I'm not focused on batteries in my critique. All grid-scale storage widely employable in Oz is way too expensive for what it provides, Snowy 2.0 included even though it's not the ground-up PHES build that would be necessitated elsewhere at much higher cost.
...if SA disconnected from Victoria, SA would still be OK - it has the generating capacity." if that is true going forward it's thanks to massive expenditure on buying and running the new diesel fleet, nothing to do to do with intermittent renewables, which is what the diesel is there to backup. (cont'd)