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OT: Current Affairs and Politics

Eelogical

Referee
Messages
23,654
So the cash rate is below 1%
Hooley dooley
Yeah! I'm just loving the return on my retired investments. Better off just spending the youngin's inheritance. BTW, you know that cash rate pyramid is gonna collapse just like an Eels away game in a city that sounds like Bentspoke or Foghorn.
 

Bandwagon

Super Moderator
Staff member
Messages
45,985
So do emissions per capita matter or just total emissions? If we have a small population we can afford to emit more per capita. It's one of the benefits of having low population density. The atmosphere doesn't give a f**k. China, India and the US are what the atmosphere is concerned about.

It might just be that because we have such a small population, spread over such a big country, that despite our best intentions, our emissions per capita are bound to be higher.
 

hindy111

Post Whore
Messages
63,775
Yeah! I'm just loving the return on my retired investments. Better off just spending the youngin's inheritance. BTW, you know that cash rate pyramid is gonna collapse just like an Eels away game in a city that sounds like Bentspoke or Foghorn.

Why dont you invest in property
 

84 Baby

Immortal
Messages
30,047
Retired people don't have time to wait for the chance of a capital gain....and they're probably not paying much tax on the income they have from other sources, so negative gearing has f**k all benefit for them at that point.
A retiree could invest for positive cashflow instead of negative gearing? The bigger issue is having the funds to purchase.
More likely retirees would be (should have been) looking at stock market which already saw a bump coinciding with rate cut
 
Messages
19,436
A retiree could invest for positive cashflow instead of negative gearing? The bigger issue is having the funds to purchase.

And finding properties with a decent rental yield when you're competing with other f**kers in a different tax position. I guess rural areas might be ok.
 

84 Baby

Immortal
Messages
30,047
Yeah! I'm just loving the return on my retired investments. Better off just spending the youngin's inheritance. BTW, you know that cash rate pyramid is gonna collapse just like an Eels away game in a city that sounds like Bentspoke or Foghorn.
Imagine the returns you’d be getting if it did!
 

84 Baby

Immortal
Messages
30,047
And finding properties with a decent rental yield when you're competing with other f**kers in a different tax position. I guess rural areas might be ok.
That’s why I said stock market. Cheaper entry point and better short term returns. Retirees newly entering the property market would be rare
 

Gary Gutful

Post Whore
Messages
53,247
https://www.indiatoday.in/india/sto...consumption-soon-says-govt-1604701-2019-09-30

No reduction in coal consumption anytime soon, says govt
The generation of electricity in India is still dependent on coal but renewable energy is no longer a new idea.

The government of India has said no to the reduction in coal consumption anytime soon.

While addressing the Inter-governmental Panel on Climate Change(IPCC) the Secretary in Ministry of Environment, Forest and Climate Change(MoEF&CC) CK Mishra said, "Reduction of coal is a not one day process. We have a long term plan in place where we will replace coal with renewable energy which the prime minister had announced."

On the question of carbon emissions due to use of coal and challenges to reduce it for protecting environment he said, "We have already 80 gigawatts renewable energy replaced coal in last 5 years and we are moving towards it but we cannot deny that coal will still continue to be required for some time in India."

The generation of electricity in India is still dependent on coal but renewable energy is no longer a new idea as the government is taking the initiative to protect the environment and replace coal with alternative renewable energy. The government does acknowledge the demand for electricity which is rising every day.

Environment secretary Mishra said, "Demand of electricity in India will continue to rise, keeping that in mind the central authority had said that there will be the requirement of coal, but that doesn't mean that we are not placed in the process of replacement of coal with renewable energy."

 

Gronk

Moderator
Staff member
Messages
78,335
Oy, That's one of my mates. He's a good bloke, brewer, businessman and effective marketer of his product.
Sorry, I don’t buy the notes of tangerine and river pebbles with a white chocolate and paspalum finish stuff. It’s not that I don’t believe it, I just think that the scrutiny is unnecessary (in judging perhaps it is) for the common merkin who is looking for cleansing ale after work.
 

strider

Post Whore
Messages
79,096
Im with hindy111, we need to wipe out a chunk of the population .... its been mostly downhill since ww2
 

Gronk

Moderator
Staff member
Messages
78,335
Oh pick me ! Pick me ! Let me guess who gets the chop in the 2020 Conservative Politics Climate Change Population Cull.

Family-Guy.jpg
 

Bazal

Post Whore
Messages
103,829
Oh pick me ! Pick me ! Let me guess who gets the chop in the 2020 Conservative Politics Climate Change Population Cull.

View attachment 33445

Your assumption of conservative aligned people being the only ones who agree that the population is unsustainable is interesting.

It's patently obvious that population is a huge concern. We are operating well above the ecological constraints of the planet. There are zero systems in which the apex predator is also dominant in numbers.
 

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