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OT: Current Affairs and Politics

Gronk

Moderator
Staff member
Messages
78,235
Born wealthy but not a billionaire.
Not like he was born into the Packer family.
Nor is as rich as the Packers. Clearly his Dad was not poor.

According to the newspaper’s findings: “As for that $1 million loan, Fred Trump actually lent him at least $60.7 million, or $140 million in today’s dollars.”

https://www.cnbc.com/2018/10/02/tru...ather-was-more-like-60point7-million-nyt.html

One thing I will give him is his blind ambition. The guy has gone bust so many times, yet starts all over again. The thing is, when you seek chapter 11 bankruptcy protection in the US for you failed ventures, who around you has been forced to wear his billions in losses ?

https://www.thoughtco.com/donald-trump-business-bankruptcies-4152019
 

Twizzle

Administrator
Staff member
Messages
154,158
yeah, I was reading an article on how he got to where he is as a property developer, the amount of people that he has screwed is a much bigger list than just Milania and Stormy
 

Poupou Escobar

Post Whore
Messages
92,623
So 2 times as much electricity being chewed up ... Ffs
It's fine, Gronk hopes they double the price of electricity. Because he's one of the few who can afford it.

We need to reduce our emissions, and by 'we' I mean all the people who can't afford the increased price.
 

Delboy

First Grade
Messages
7,676
What is something that doesn't make sense is that the left oppose nuclear power, and HELE power stations. Building HELE to replace the current producers immediately reduces the so called pollution while the world tries to figure out how to produce base load power.

That doesn't suit their agenda or the people who love being outraged about everything. Now I have left the workforce and live on savings etc,, the power utility bill is a major burden ( my wife would have the a/c on all year ) , but isn't it amazing that those on high incomes don't care about power prices. That's the world of Turnbull, Fitzsimons, Gronk, and politicians with guaranteed indexed overblown pensions.

At least that moronic law instigated by the Eastern Suburbs lefty idiot doctor is being repealed, guess whose seat she stood for that's on this forum :rolling_eyes:
 

Gronk

Moderator
Staff member
Messages
78,235
What is something that doesn't make sense is that the left oppose nuclear power, and HELE power stations. Building HELE to replace the current producers immediately reduces the so called pollution while the world tries to figure out how to produce base load power.

That doesn't suit their agenda or the people who love being outraged about everything. Now I have left the workforce and live on savings etc,, the power utility bill is a major burden ( my wife would have the a/c on all year ) , but isn't it amazing that those on high incomes don't care about power prices. That's the world of Turnbull, Fitzsimons, Gronk, and politicians with guaranteed indexed overblown pensions.

At least that moronic law instigated by the Eastern Suburbs lefty idiot doctor is being repealed, guess whose seat she stood for that's on this forum :rolling_eyes:

There is no business case worth while for nuclear power. Ziggy lead a study for the LNP government in 2007 and said that it was just too expensive per kw/h.

The SA Government had a Royal Commission investigating the viability of nuclear energy generation.

http://nuclearrc.sa.gov.au/app/uploads/2016/05/WSP-Parsons-Brinckerhoff-Report.pdf

Ziggy left the door open however to "small modular reactors" or SMRs. You might recall that the Russians have just made a floating SMR.

https://www.abc.net.au/news/2019-08-07/small-modular-reactors-nuclear-explained/11386856

Again, until such time that a business case is available for nuclear that can produce safe power at a viable rate per kw/h, what's the point of getting all worked up about it ?

HELE is "clean coal" or lower emissions from burning coal. Instead of building billions of dollars of new lower emission coal power stations, how about we just look for a modern way forward. New Zealand have.

nz-electricity-2014.jpg
 

Gronk

Moderator
Staff member
Messages
78,235
but isn't it amazing that those on high incomes don't care about power prices. That's the world of Turnbull, Fitzsimons, Gronk, and politicians with guaranteed indexed overblown pensions.

At least that moronic law instigated by the Eastern Suburbs lefty idiot doctor is being repealed, guess whose seat she stood for that's on this forum :rolling_eyes:

Don't be nasty mate. We're all grown-ups here.
 

Gary Gutful

Post Whore
Messages
53,217
What is something that doesn't make sense is that the left oppose nuclear power, and HELE power stations. Building HELE to replace the current producers immediately reduces the so called pollution while the world tries to figure out how to produce base load power.

That doesn't suit their agenda or the people who love being outraged about everything. Now I have left the workforce and live on savings etc,, the power utility bill is a major burden ( my wife would have the a/c on all year ) , but isn't it amazing that those on high incomes don't care about power prices. That's the world of Turnbull, Fitzsimons, Gronk, and politicians with guaranteed indexed overblown pensions.

At least that moronic law instigated by the Eastern Suburbs lefty idiot doctor is being repealed, guess whose seat she stood for that's on this forum :rolling_eyes:
Yeah, @Gronk and his lefty mates can go to HELE!
 

Gary Gutful

Post Whore
Messages
53,217
There is no business case worth while for nuclear power. Ziggy lead a study for the LNP government in 2007 and said that it was just too expensive per kw/h.

The SA Government had a Royal Commission investigating the viability of nuclear energy generation.

http://nuclearrc.sa.gov.au/app/uploads/2016/05/WSP-Parsons-Brinckerhoff-Report.pdf

Ziggy left the door open however to "small modular reactors" or SMRs. You might recall that the Russians have just made a floating SMR.

https://www.abc.net.au/news/2019-08-07/small-modular-reactors-nuclear-explained/11386856

Again, until such time that a business case is available for nuclear that can produce safe power at a viable rate per kw/h, what's the point of getting all worked up about it ?

HELE is "clean coal" or lower emissions from burning coal. Instead of building billions of dollars of new lower emission coal power stations, how about we just look for a modern way forward. New Zealand have.

nz-electricity-2014.jpg
Will be considerably harder for us to get to where NZ have, but I am seeing positive signs over the last 2-3 years.
 

hindy111

Post Whore
Messages
63,673
It's fine, Gronk hopes they double the price of electricity. Because he's one of the few who can afford it.

We need to reduce our emissions, and by 'we' I mean all the people who can't afford the increased price.


It's the same as those who stamp feet about buying Aussie products. I mean why when Aldi can do it for half price. I like my SPRINTERS chips. I can eat twice as many now.
 

Gronk

Moderator
Staff member
Messages
78,235
It's fine, Gronk hopes they double the price of electricity. Because he's one of the few who can afford it.

We need to reduce our emissions, and by 'we' I mean all the people who can't afford the increased price.

Fake news merkin. The cost of renewable energy is on a downward trend with economies of scale.

https://www.smh.com.au/business/the...limate-policy-csrio-says-20181221-p50nnq.html

The CSIRO and the energy market operator say existing coal plants are still one of the lowest cost forms of power but new wind and solar farms will soon be cheaper, even without a carbon price.

The join energy cost report co-authored by CSIRO and the Australian Energy Market Operator also found more batteries would be needed to support the growing level of renewables, and the grid would need to lean heavily on consumers to use less power at peak times.

“Our data confirms that while existing fossil fuel power plants are competitive due to their sunk capital costs, solar and wind generation technologies are currently the lowest-cost ways to generate electricity for Australia, compared to any other new-build technology," CSIRO chief energy economist Paul Graham said.

"This also holds when the cost of fossil generation technology is adjusted for climate policy risk or not."

The report found if nuclear power was built it would be the most expensive form of power, while gas is the cheapest.
 

Bandwagon

Super Moderator
Staff member
Messages
45,862
Fake news merkin. The cost of renewable energy is on a downward trend with economies of scale.

https://www.smh.com.au/business/the...limate-policy-csrio-says-20181221-p50nnq.html

The CSIRO and the energy market operator say existing coal plants are still one of the lowest cost forms of power but new wind and solar farms will soon be cheaper, even without a carbon price.

The join energy cost report co-authored by CSIRO and the Australian Energy Market Operator also found more batteries would be needed to support the growing level of renewables, and the grid would need to lean heavily on consumers to use less power at peak times.

“Our data confirms that while existing fossil fuel power plants are competitive due to their sunk capital costs, solar and wind generation technologies are currently the lowest-cost ways to generate electricity for Australia, compared to any other new-build technology," CSIRO chief energy economist Paul Graham said.

"This also holds when the cost of fossil generation technology is adjusted for climate policy risk or not."

The report found if nuclear power was built it would be the most expensive form of power, while gas is the cheapest.

The key there is on the word "existing', because as they say the sunk capital costs. The problem we face is our coal generators are all getting old, and replacing / upgrading them will mean they lose that advantage and end up costing more.

Then there is the issue of coal not being so great as dispatch-able, and despite the protests it's too f**king late, there's enough wind and solar right now to mean that whatever generation is used for base load, whoever invests in it is going to have to accept the market will displace it whilst cheaper forms of energy are available, meaning it's going to be more expensive to operate because it can't run at full capacity for a great deal of the time.

That's the economic reality, and nuclear ( as it now stands ) with it's build cost and unavoidable legacy issues in dealing with the waste is facing the same reality.
 

84 Baby

Referee
Messages
29,997
I thought the key was Gronk didn’t deny wanting prices to go up so he could lord it over us?
 
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