I'm a loser baby...
Immortal
- Messages
- 42,876
Send it over the internet.
Im looking forward to being CCOIt will if he works for me and Ram.
#toilet boy
Which would lower the price of coal.Oh pick me, pick me !
The inflationary effect on the coal price would push the market to seek alternatives to coal powered energy generation?
Demand and supply are relatively independent. Price is the key variable. It changes a lot faster than the existence of goods and services, or how much people think they need them.Well that would seem to make sense, unless you lived in some kinda funky 4th dimension where supply, demand, and price were completely decoupled from each other.
If Australia suddenly withdrew it's supply of coal from world markets, what do you think would happen to the price of coal?
And what do you think may be the consequences of that in terms of demand?
Oh pick me, pick me !
The inflationary effect on the coal price would push the market to seek alternatives to coal powered energy generation?
Well that would seem to make sense, unless you lived in some kinda funky 4th dimension where supply, demand, and price were completely decoupled from each other.
Aand we are back to the but, but China argument.
I want us to be part of a global coalition leaning on those emerging countries to influence change. You on the other hand want to join the fuss only when everyone else is on board, if ever. Sorry, but you say you accept the science however you don’t seem to be too fussed on the timing. Methinks you are a wolf in sheep’s clothing.
*estrogenI heard on the radio that a town in WA called Shark Bay are about to push the button on a solar plant that produces hydrogen. The hydrogen will then power the town.
<googles>
WA tourist town to be transformed into a zero-emission community powered by hydrogen
http://www.abc.net.au/news/2020-01-...st-wa-town-to-be-powered-by-hydrogen/11870472
Oi!google VRB (vanadium radox battery), sadly it may never be commercialized, stores large amounts of power and will never go flat
Agreed. We should have H coming out of our A's.Why the coal sector is so excited about Australia's move to 'clean' hydrogen
http://www.abc.net.au/news/2019-10-31/hydrogen-strategy-fossil-fuels-versus-renewables/11653336
^^^ Japan has a boner for hydrogen and if we are smart, we could become a major supplier of H.
Aand we are back to the but, but China argument.
I want us to be part of a global coalition leaning on those emerging countries to influence change. You on the other hand want to join the fuss only when everyone else is on board, if ever. Sorry, but you say you accept the science however you don’t seem to be too fussed on the timing. Methinks you are a wolf in sheep’s clothing.
Why do you keep making the same point over and over over and over over and over over and over over and over over and over over and over again?This is a complete fallacy. It's wishful thinking at best.
Sure there would be a short term increase in the price of coal, but that increase wouldn't be ridiculous and it wouldn't probably exceed the price that the world has previously paid for coal throughout history (even in the last 15-20 years). In fact the price of coal has recently come down, so an increase in the price would just return it to previous levels. This short term increase would only occur if Australia stopped production immediately. if it made the decision to stop in 10 years, it would make little to no difference to the price.
Australia's coal exports account for only 5% of the total coal production World wide.
If only the other Top 15 coal producing countries increased production by only 5% it would cover the removal of all Australian coal from the market. Given that Australia increased it's own coal production by more than 5% in one year in 2010, then this level of increase is easily achievable in the short-medium term. None of the other Top 15 coal producing countries in the World have made any decisions to stop the production of coal.
If only the Top 3 coal producing countries in the World (China, India, USA) increased production by 9% it would more than exceed Australia's total coal exports. If China alone increased production by 12% it would cover Australia's export amount.
The total coal reserves in the USA, China, Russia and India combined is 8 times the level of coal reserves in Australia. The USA alone has significant reserves to cover Australia's current level of coal exports for over 600 years.
This doesn't take into account those countries with significant reserves who don't produce and/or export to anywhere near their capacity at present. If any thing, Australia's removal from the market would encourage new countries to enter the market.
Would a lot of this coal be as clean as that exported by Australia? Probably not, but that would be the price paid for Australia's exit from the market.
The World will continue to mine, produce, use and export significant levels of coal whether Australia is involved or not.
Those are both leading questions with highly contestable assertions. No-one seriously interested in other people's views would frame it that way...unless of course, it is a story for A Current Affair.If the same poll asked a follow up question like "Do you think Australia should take action on Climate Change if it will mean that you individually will be significantly financially worse off", or "Do you think Australia should take action on Climate Change if it will have no impact on the affects of global warming"
Why do you keep making the same point over and over over and over over and over over and over over and over over and over over and over again?
It wont happen. The world needs our higher quality coal and we will continue providing it. Some of us are just suggesting that coal is in a state of transition over the long term and that we should do some other things in parallel to soften any impacts to us.
Its the "all the eggs in one basket" argument.
Those are both leading questions with highly contestable assertions. No-one seriously interested in other people's views would frame it that way...unless of course, it is a story for A Current Affair.
Your hypothetical question? Its not even remotely grounded in reality so why is it even important?Well I was responding to a specific comment that proposed a hypothetical question on what would happen if Australia stopped selling coal and then had followed up comments with hypothetical answers. So I provided a comment on what I thought
Sorry. Just interested in the conversation.Why didn't you even need to comment on something that wasn't even responding to you or involve you?
Hard to tell when you keep making the same "we wont make a difference" argument and suggesting nothing else. Happy to give you the benefit of the doubt though.In any case, who said I didn't think transitions options wasn't going to happen in parallel.
True, but asking a question on should Australia take action on Climate Change isn't going to give you an accurate reflection of the situation and what people really think when it matters. It's just a throwaway tokenistic response that means nothing when no one has any skin in the game,