It sounds good on a political brochure: hydrogen is abundant and the by-product of the process is water.
But now that Prime Minister Anthony Albanese and Energy Minister Chris Bowen have pushed through the parliament a bill to centrally fix the price of coal and gas, that hydrogen dream is dead. It’s the kind of attitude that leads to blackouts, empty shop shelves and government intrusion at the basic leel of who can buy what items, and how often.
Saul Kavonic of Credit Suisse observed that changes to the energy market require years of planning and consultation to avoid blackouts.
If the cost of production is $4 and you sell for $12 why wouldn’t you invest . Most mining companies pay very little tax on
Wrong question. Try this one. If investors who are given access to our resources can make obscene profits because of unforeseen circumstances, can they justify making the country who owned those resources pay exorbitant prices to buy them back?
There is, it could be argued, too much foreign 'investment' in Australia's essential power and communications areas.
So ex Liberal Senator Stoker now an expert? Investment hurdle rates of 15%+ still very achievable. Price gouging has been delivering multiples of that obscenely. Getting back to proper business basics.
Can't work out whether this is the real Sky News account or a parody one.
Once again sky news, events will leave you with egg on your face. Why don't you just stick to good old fashioned news reporting and stay away from attempting (and failing) to influence people ?
Once again Sky News is running with the Liberal party ethos of fear and smear, as a protection racket for fossil fuels multinational corporations who`s greed is unsustainable and detrimental for the world we inhabit.
Skunk 🦨 News 📰 will bring getting Coal for Christmas 🎅 this year 🧦 because it’s what you want!! Hahahahahaism!!! 🤣
So greed is good
Why the sudden concern for wealthy investors who can afford to take a hit on the chin?
Good! We can tell them to piss off and we will nationalise the energy market!
Grow up you tossers…you have no influence
MurdochRoyalCommission
If reserving the minimum of Australia’s resources for Australian’s is too much under a free market model, then I guess you’re suggesting we have no other alternative but to nationalise the whole lot? Ok: so nationalisation it is. auspol
LalitaMathias 🤣
ALBO is our socialist champion
No foreign parasites will come and drain and trade here paying absolutely no tax . Now what are we go tell our rich mates
Bolshevik redistribution of wealth away from the bourgeoisie by force capped return on investment & stealth by printing money without increase in production distributed to relativly and total non-productive segments of society having inflation reduce real income of bourgeoisie.
Wind farm investors. If the electricity generated is so cheap then why would you invest? The return on investment is negligible, unless you build and then own the power they generate. Are we selling our power grid to overseas investors and if so, who? I don't know but like to.
Well off you go then. Plenty of less greedy alternatives. Don't let the door slam your so and so on the way out.
Electricity and a job used to be a given. Commies want everyone broke on welfare.
But we were also told many years ago that if we privatised the energy prices would go down, they didn't! So what else is there to do?
What a load of nonsense. Investment will continue just as it does in countries with much more onerous controls than Australia. Windfall profits due to war should not be protected, capitalism will not collapse without them.
Price cap Windfall taxes Shortages Mass human suffering Every.Single.Time.
That's why we need to nationalise all Australian natural resources.
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