China is sorting out their supply chain

[onetrack]

It all comes back to the fact that when you're a multi-millionaire, and looking for investments with your spare millions - that offer a high ROI - it's easier to invest in property (any property - even farm values have gone ballistic), or into a highly profitable mining venture, to gain rapid and substantial monetary returns, than it is to invest in manufacturing, with its red tape, labour and skills problems, and difficulties with marketing and sales.

 

You don't see Gina Rinehart and Clive Palmer investing in manufacturing. They put their money back into the easy rewards investments - which all have major tax advantages, as well. I would blame a poorly-constructed tax system for part of the problem, which has left us with a major property bubble, and a country full of great big holes, which only return their investment once, and which then leave future problems to the upcoming generations.

 

Even our energy supplies have never been addressed properly - but at least Labor is assisting in weaning us off fossil fuels, unlike the other mob, who want us to "keep drillin' baby!" - and to keep those "rolling coal" exhausts spewing out black smoke. Cheap energy supplies will assist manufacturing industries, but the manufacturing industries must be innovative, to keep ahead of the Chinese, who play the long game.

[Siso]

Not sure they a fixing it. 2030 looks like coal is on par with intermittents plus storage, even with their stupid coal description being on a greenfield site with the most expensive coal plant they could find. Not a coal fan but makes you wander what else they have been misleading about.

 

[facthunter]

We are actually NOT Doing that BAD skip. Look up FACTUAL comparisons.  Could you list a few of these  SMALL Countries exporting to the World? A significant HOME Market does make a good base for Building a Business in Manufacturing. Exporting has risks beyond your control. Trump as an example. Nev

[danny_galaga]

3 hours ago, Siso said:

Not sure they a fixing it. 2030 looks like coal is on par with intermittents plus storage, even with their stupid coal description being on a greenfield site with the most expensive coal plant they could find. Not a coal fan but makes you wander what else they have been misleading about.

 

Well, I was talking about their aviation supply chain, how they make their power is neither here nor there. But they have installed more solar than coal in recent years, and increased nuclear. Australia needs to think about what to do when no one wants coal for power anymore 

[facthunter]

Australia would HAVE TO be one of the best places for wind, solar, pumped hydro and batteries.  Rapid response to demand changes is NOT provided by Coal OR Nuclear.    The People who talk of baseload constantly mislead and NEW Coal and NUCLEAR are way too Expensive and Polluting and take a long time to build and are centralised (except for the SMR's which are still not economic.) None of the Retired British Nuclear  Subs have disposed of their spent fuel. Grids are expensive unsightly and subject to weather events. Costly to maintain and repair, unreliable and very expensive for remote areas requiring constant attention to Voltage drop over large distances with transformers and losses. With Solar wind tidal with Batteries Whole areas could be independent of the grid. Who wants to LIVE near Coal Mines, Coal Power stations OR a Nuclear Power station that requires LOTS of water (which WE don't have).  Nev.

[Arron25]

3 hours ago, facthunter said:

 

Japan’s Yoroi Reactor Ushers In a New Era of Micro-Nuclear Power – Tehrani.com – Tehrani on Tech

BLOG.TMCNET.COM

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<p>Above graphic for illustrative purposes only. Key Takeaways: Japan has quietly taken a radical step in nuclear energy innovation with the deployment of the Yoroi Reactor — a compact, self-contained nuclear...

Doesn't use water  Decentralized Manufactured and transportable and a whole less polluting than acres of glass destroying land or wind farms with a 15year lifespan with no recyclability 

[pmccarthy]

World demand for coal has gone up year on year forever. Renewables have not replaced a single tonne of coal, they are just adding to a growing overall power supply globally.

[Siso]

14 hours ago, facthunter said:

Australia would HAVE TO be one of the best places for wind, solar, pumped hydro and batteries.  Rapid response to demand changes is NOT provided by Coal OR Nuclear.    The People who talk of baseload constantly mislead and NEW Coal and NUCLEAR are way too Expensive and Polluting and take a long time to build and are centralised (except for the SMR's which are still not economic.) None of the Retired British Nuclear  Subs have disposed of their spent fuel. Grids are expensive unsightly and subject to weather events. Costly to maintain and repair, unreliable and very expensive for remote areas requiring constant attention to Voltage drop over large distances with transformers and losses. With Solar wind tidal with Batteries Whole areas could be independent of the grid. Who wants to LIVE near Coal Mines, Coal Power stations OR a Nuclear Power station that requires LOTS of water (which WE don't have).  Nev.

We will see unfortunately! Spent fuel is slowly getting less radioactive heavy day. After a few 10 of years the radioactivity has dropped a lot and is more easily handled. Political/public perception problem, not an engineering one.