Jump to content

Jerry_Atrick

First Class Member
  • Posts

    899
  • Joined

  • Last visited

  • Days Won

    2

Everything posted by Jerry_Atrick

  1. If you add 2% vy volume of water to a full glass, it will overflow... Although manmade sources of carbon dioxide are low, they have been spewing it since the industrial revolution and the rate of how per volume we add is increasing. I am not a scientist, but the consensus is that it has been a delicate balance and we are tipping the scales. But even if it wasn;t the case, and mother nature ran rampant, then wouldn't it be in our best interest to use our efforts to preserve our way of life than accelerate destroying it? I guess lots of people have a death wish for themselves or their generations to come. Whn you combine that with the gradual deforestation that further limits the earth's ability to absorb our folly, well, you get the idea. Or do you know more than almost every scientist looking at the evidence and data. Bindi - more carp.. I haven't disputed China and given you evidence that the rest of the world (India excepted) are moving away from coal. But all you come up is with the same crap. China manufactures stuff and is increasing the use of coal. Great - tell us something we don't know, like how the rest of the world is on a net basis embracing coal further (because, it isn't). Oh, of course, it must be the ABC's fault, too.. Very tough and convincing words. Nothing to rebuke the distoritions in the Chinese market, economy or politics, not the fact that most if the new coal plants largely lay idle as it is to keep short term jobs going.. Oh.. and criticising the ABC - or me as getting my sources from the ABC, I don't recall quoting anything from the ABC, but if they presented the facts or I came across them, I would have no shame in doing so. Bashing the ABC (or the BBC) are simply easy words when they present the facts that disagree with you. And, I can't recall the ABC to have to fomally apologise for getting things wrong too many times amid the flurry of accusations of false or bias reporting they get on an almost per second basis. Unfortunately, pollies, trolls and those who incorrectly assert the ABC get it wrong most the time are not held to the same level of accountability than the ABC.. I guess it is a blessing in disguise as the resultant formal apologies to the ABC would be adding to CO2 at an alarming rate. Mike, are you saying the way to go is nuclear? Then it isn't coal... Excellent! As I mentioned, should Australia decide to go nuclear, I will be there as Lucas Heights just didn't have enough jobs going and is the reason I left Australia (after a couple of years in Coal generation at Hazelwood and Morwell and in mining before that);. Worked in the nuclear industry for 15 years and about to re-enter it (hopefully). The newest technology is better than the previous (as you mention); as is renewables technology ... I guess its called progress! Mind you, it aint all that clean.. even if you go SMR, you need oodles of concrete... But there is no such thing as a free ride and all forms (even renewables) have a carbon footprint of some kind.. the point is, like internal combustion engines have developed largely led by EU requiring less and less emmissions, they squeeze more out of using less.. isn't that what we want to do - in this case using less coal and more CO2 efficient technologies? Cheers guys, fun talking with you..
  2. Sir, you are too kind, spas-yee-bah ;-)
  3. Welcome, K-D.. pardon my spelling, but Kag-di-la? (I dated a Russian girl sometime ago - she didn't teach me to spell Russian).
  4. Again Bindi, show me that the rest of the world are not moving away from coal... China aso has cheap and slave labuor and state subsidised (including oal) indistries... I ask again, show me the numbers - like I have shown you.. Until then, you can "where shall we start" or "aht to say" as much as you like - you haven't proffered anything up that globally, the world is moving on... not that coal is cheaper - we know that because it's price is continually dropping in real terms.. And you try and discredit my sources of info??? Here's the report on notrickszone: NoTricksZone - Media Bias/Fact Check [edit]I guess Murdoch eis eyeing them as a potential takeover target ;-) Don't expect too many reposnses from me.. this is becoming a waste of my time...
  5. Yes - EASA - a part of that bastion of free markets called the EU - were exposed by Pilot magazine as stonwalling the certification in EASA land of the R66 helicopter as they knew whatever European manufacturer it was that had a competing model that was way more expensive: https://www.pilotweb.aero/news/easa-certifies-robinson-r66-1-3590306. And of course, this would have been a threat to the particualr European manufacturer. I am sure EASA and other European manufacturers work out deals in backrooms when required
  6. Is that really the best you could come up with? If you can disprove the source's data, then happy to hear it, otherwise, a thin attack is, well, not holding well..Let's face it, it's not like other media organisations aren't activists in their camp... Personally, I am happy for Aus to become nuclear - I had to leave Aus as I was (and am about to reenter) nulcear generation... Could happily see out my retirement.. Oh yeah - China - forgot about that.. Reading one of the articles above, despite adding something like 75% of total global elecrticy generation, coal as a global geneation source fell (not much, from memory c. 8GW/h).. So yeah, according to you, China is the measure of what the world is doing... I can't reconcile that.. And I think you are mixing up the terms of reality and propaganda.... But, hey.. I never said even today one can't amke a quick bick from coal.. But in the long term, coking coal will still probably be around in the RoW (except emerging markets, which like to play catch up)... Oh, and you forgot to mention if you read the articles I provided, a lot of the new [edit] Chinese [/edit] plants are largely idle and are being build for short term political aims to distort the market to provide jobs.... edited...mod
  7. I would add the Donate button and in red either above or below have a hyerlink saying "Read this before donating"... Or hyperlink the donate button to this thread and have the real donate button at the top of each page (not sure the latter can be done for a single thread)
  8. The base rate here is now 0.1%; was 0.25%.. One would be very lucky to get a card rate at 14%; 20% would be more like the minimum (except for time-boxed teaser rates). However, not to say they don't make money out of it, but they are continuing unsecured loans, under international agreements, they have to hold capital as if they were fully drawn and as unsecured loans, the recovery rates they use to calculate their losses in defaults are not going to be very high (meaning a hefty loss); they (used to when I lived in Aus) provided minimum of 30 days interest free and Mastercard I think used to give 55 days. Again, not sure about Aus, but the days of high fees for the merchants are long gone and the days where they didn't pay the merchant until the month had passed and can reclaim money paid to the merchant if the customer defaults are also long gone. There is a high default rate (compared to other forms of finance).. so when using a credit card, you are paying for all of this... Also, not sure about Aus, but if a merchnt doesn't fulfil their part of the contract, then the credit card company is liable to refund the money. So, we never buy anything online or airline tickets, etc without a credit card. Even if it is Nigerian Airlines and we use a dodgy website in Nigeria to buy the tickerts, if we don't go because of the airline or ticket site, we get our money back. Aus may be different, and they do make more out of it when the rates are low.. but it is not pain free for them. If you are not paying off your credit card each month, think of converting to a cheaper form of finance - personal loan (secured/unsecured), overdraft, etc.
  9. I didn't mean this to be a Labor/Liberal thing, but I can appreciate how it was construed that way. As a matter of record, I am a swinging voter (in the poltical sense) if I can be bothered voting given the current crop of domwits. Agree, it was a fallacy that Aus could compete on the world stage and I do recall a speech or answer to a journo's question basically saying Auatralia was leading ghe world at breaking down trade barriers. I deapaired on hearing Abbot was removing the subsidies for the car industry. Yes - I know about Germany; and the US - remember in the GFC how the US government bailed out the car companies, even tthough their execs flew from Detroit to Washington in private jets to emerge with their caps in hand. Again the EU, that bastion of free of subsidies markets allows it to go on... The point I was trying to make is that the problems with Aussie manufacturing and ites decline were not alone linked to the float of the AUD; in fact, with the exchange rate plumeeting at the time, the opposite effect should have happened. But, it highlights that the market is full and free, where the structure is controlled by a realtive few businesses and the government is less that integral in its dealings.. [edit] I am not sure Labour has been in power since Abbot - so not sure how they could have done much unless they controlled the senate and the withdrawal of subsidies was linked to a change of the law [/edit]
  10. Ian, First and foremost look after your personal matters... Although this appears to be a hobby in which we have benefited (why would UK and US aviators patronise this site otherwise?), you should be open to accepting our support! It is not defrauding us - you have been up front all the time and stated the problems; if we decide to kick in, that is our decision. And if you make a bit of money on the way, kudos to you. Subscription shouldn't have to be mandatory as that would kill growth in numbers, but separating/developing a members only section over the longer term would help.. We are all happy to chip in it seems. It is time to that PM hat on and develop a plan (and then execute) to get it on a sustainable footing... PM me your server spec.. I am sure we can think of something to decrease the cost in the short term. JA
  11. The AUD dropped massively after the float in 1983... see here: The Exchange Rate and the Reserve Bank's Role in the Foreign Exchange Market. That would have had the effect of making our exports cheaper... although this would be ameliorated as to cushion the inflationary effect, as I recall wages did rise increasing the cost of inputs to secondary production. On the domestic market, the increased price of imports would have also made Aussie made more attractive (again, this would have been ameliorated by the increase in wages - but there would have been a lag and Aussie manufactured products should have increased. As most of our secondary products have always been imported - in 1965 Aussie manifacturing peaked at 25% GDP.. this is not a strong manufacturing economy: Manufacturing in Australia - Wikipedia. If I recall, Keating and Hawke were the ones to bring in the 150%R&D tax break which at least prolinged some manufacture in Aus.. However, it was Abbot who decided that car manufacturing should stop (you cannot tell me he didn't know the consequences of his actions)... And manufacturing was killed because of the rise of ultra cheap imports from Asia.. the clothing manufacturing industry first and then the rest... Also, the wholesale model if Australia was a buys shop - remember when Whitlam removed a lot of the customs duties to decrease the prices - not much compeition at the wholesale level, prices stayed the same and wholesalers got very rich. Nothing to do with the float.. or at least very little.
  12. And space and cybersecurity and all sorts of other stuff...
  13. A bailout can come with conditions, including limiting pay and bonuses of execs and ring fencing what the money is used for.. Unf, the greasy pole often extends outside the corporation. Also, let's not forget... Airbus have been found guilty by the WTO of being illiegally propped up bu the EC - by no less than those gladiators and defenders of markets free of subsidies.. Of course, Boeing has been the recipient of such indirect subsidies as well.. My point is they both (and no doubt others) get effective handouts to survive and prospoer. I think the world needs at least two competing airliner manufacturers (they both do a lot more) to keep development going. Once the competition is taken away, the other rests and development such as hybrid transporters stop.. as R&D is a high risk cost. (changed "nor less" to "by no less than")
  14. With respect to Europe moving away from coal, as part of the energy it produces, the following should give you some stats: Shedding light on energy on the EU: What do we produce in the EU? An interesting article on the distortions of the marlet that have led to over investment in coal generation in China is here: China overinvested in coal power: Here’s why | VOX, CEPR Policy Portal Global use of renewables is inceasing: Wind & Solar Share in Electricity Production Data | Enerdata One of the plethora of articles I can't be fully bothered to list if you search China Coal Power Generation (using google): China coal-fired power capacity still rising, bucking global trend: study in which it states, "The increase followed a 2014-2016 “permitting surge” by local governments aiming to boost growth while formerly suspended projects have also been restarted, Global Energy Monitor said. In the rest of the world, coal-fired power capacity fell 8.1 GW over the same period. " Admittedly, not a dramatic fall, but given China is funding a lot of the new global plants.. oh and they have vast reserves of coal.. I wonder why they would want to do that in the face of a slowing economy? Even in the US, which seems to take prode in polluting the earth, the proportion of renewables is expanding as part of its total energy mix: Electricity in the U.S. - U.S. Energy Information Administration (EIA) The articles you have offered are about how cheap and reliable coal is.. yes.. I do not disagree.. My statement is basically, because China is doing something, does not make it right... Nor does it mean that coal is increasing on a global scale (or probably better put, globally, there is a push to use renewables over ofssil). I think I also said there will always be a demand for coal (and other fossils).. The aritcles you have offered up have stated the obvious - it is still cheaper and more reliable. Tell me though.. as economies of scale kick in, how do unit costs not fall? Let's also not forget the other things at play... Rnrgry production requires massive investment and it will take time before businesses and governments will decomission something before they have seen a return from it. My guess is that is also distorting the speed of transition. BTW - you may think the ABC is biased as it doesn' report in accordance with your views.. I believe James Murdoch is distaincing himself from his father's empire because of the bias and manipulative reporting it uses to support it and its advertisers' agendas.. I'll take the ABC any day (as well as the BBC for that matter) over their carp.. Now I am happy for you to debunk what I have said... I am also happy to concede investment in ESG sectors has been a bumpr ride for investors - as any emerging industrys are... But the CFA are intorducing ESG principles into their syllabus as it is a growing "sector" where there is demand. People, including investors, are startting to vote (and was it instituional shareholders who protested to BHP to remove themselves from coal lobbys?? Can't recall)... Needless to say, the trend is away from fossil fuels.. Those not entrenched are responding.. As for recreational flying, it is a small footprint, but agile companies are responding to the challenge. Pipestrel being one encument.. bit even up the GA food chain, they are working on alternative energy sources: ZeroAvia flies hydrogen fuel cell Piper Matrix - FLYER
  15. I think if you check other articles from the same source, the FT. Rueters and the Washington post, you will find the info you need. I did say it was cheaper than renewables... but gave the reasons they cited.. Remember, coal has been used to power industry for a very long time.. renewables less so and it will require investment to get it reliable - yes; it will require a mass take up to get it to the economies of scale to bring down the price... Just search Chin Coal Power Generation and you should be able to find plenty of non-ABC (or BBC) articles on the matter. Thanks for illustrating my point.. Let me reiterate.. New fangled technology always is more expensive when it first comes out.. As further investment progresses coupled with econcomies of scale take effect, the init prices are cheaper. But I think you know this as the India article you cite below is behing a BBG paywall.. and most people won't subscribe to BBG unless they are in the financial services industry. Ford didn't invent the car; he invented mass production of the car.. driving prices down and making it affordable to more of the affluent class before it became affordable to the rest of the population - but thanks for reiterating my point for me. Yes.. I was in the industry when they were building the vast amount if these in western Europe as well..Designed to last 15 years with no maintence and then decommission - which most have largely done (it was more than 15 years ago). Some were life extended because gas is still cheaper than coal. I think I addressed the personal barb - I prefer to go for the argument than then person... Also, not sure where my info has been inaccurate.. Is Europe moving further to coal or other ossil fuels (Well Germany has in the short term because of their short-sighed decison to close nukes). Unfortunately, the people who control resources and governements are not very visisionary... I don't think I have ever said coal or other fssil fuels are more expensve or less reliable than renewables.. In fact I have said the opposite. However, like nuclear, maybe we are only couting the existing direct costs and the real costs are deferred... They will be picked up by future generations and will be far more expensive than the costs of getting it right now. In fact,without beng arsed doing the research, I would say insurance is the first area it will be noticed and food production in the UK will certainly be down in the following season as farmers can't plough their fields it is so wet giving less time for the crops to grow. Frankly I would rather kick in an extra few pence/cents in tax to subsidise the renewal energy industry and getting it to a point where it has critical mass, and even 10% more per KW/h for it than kill our kids future... I recall smoking used to be cool...
  16. China's demand for powerand the infrastructure as well as trade wars, etc are causing it to reduce its renewables agenda.. However, one or two countries doing something does not mean it is the right thing to do. Especially China, which manipulates and has an authoritarian system of government. In the UK and Europe, the picture is vastly different... The move to renewables is real and after the investment in infrastructure, the price of generating renewable electricity is reducing. There are RECs (Retail Electricity Companies, I think) that are sprining up that provide renewable energy. Obviously, they can't guarantee every unit of electricity that comes down the wire is generated from renewables. but for every unit we consume, they buy futures from renewable energy is I think how it works. The main producers are coming on stream as well. These are growing rapidly, so the consumer is voting. Yes, renewable energy isn't cheap at the moment.. Economies of scale are a big thing here.. But, using the argument that it aint cheap, then little technolgical progress would be made at all.. We could still get around with a horse and cart... not too many around now. Electric cars are expensive at the minute compared to their ICE counterparts, but I am betting in 20 years or so, ICE based cars will be relics and out great grandkids will be asking why it took so long to make the change on a mass scale. Also, of you are going to claim world comparison - compare the world - not just China and India. Even the US are shying away from coal. China has or is funding the vast majority of new coal power - it is not new power from all sources of which the rest of the world are moving to. Also, the IMF and world bank are forecasting Aussie coal prices to decline or hold steady in to the future.. Coal Prices Forecast: Long Term, 2018 to 2030 | Data and Charts - knoema.com. The underlying price (smoothed for short term volatility) seems to have remained much the same since about 2005.. There has been a drop recenlty, but this is attributeed to COVIT-19. The point is, like oil, there will always be a need, but people are moving away from it for better alternatives.
  17. The mob that Ross Perot owned (COmputer somethingorother) managed to take arojnd £5bn form the NHS (public health) and produced absolutely nothing... This sums up government using private enterprise: Government wastes £31bn on 'rip off' contracts. Its behind a paywall, but you can guess what has happened.. Yhe thing to remember is that these companies are often foreign owned, so the unretauined profits are exported to the parent and that country reaps the rewards... I wold rather the government stuff it up and at least the employees and money stays in Australia (or the UK from my perspective). HMRC (equivalent of the ATO + Customes/Excise) has engaged one of the big computer software consultancies to develop making tax digital.. simply put, the ability to submit 10 fields that comprise the VAT (GST) return throughb software rather than online over the web. Hm.. as an ex developer, I think it should be able to be done in, say six months as the software is already doing it over the web (convert to an API call, add credentials, tokens and approprriate authorisations/tax payer management and one is done).. They completely stuffed it up.. Took something like 2 years - built a whole new system and they are hiring a bunch of monkeys to hand key everything... As I understand, HMRC are paying much more for it than originally tendered. Of course, some will be the HMRC itself not being able to make up its mind about what it wants... but surely, it is a quiestion of replicate what is there and then build on it...
  18. I feel for those where water is running low... It is the opposite here - we have had more or less non stop rain over the last couple of months... Unf, there is no way to redirect it to Aus and SAF. But, I bet they declare London in drought yet again as they don't have the infrastructure (or more accurately, the infrastructure has been allowed to decay for want of a better word) under private ownership. Out here, I think most water resevours are underground and the system leaks like a seive.
  19. Although I don't need to be more than a few minutes drive from anywhere to feel comfortable, I definitely agree with the sentiment. I moved from London, which, if you consider the area inside the M25 (about 103 mile circular road that more or less defines greater London these days, albeit containing Surrey, Hertfordshire, Essex and Kent). We moved probably further out than we should have, but my wife, who thought she was a city dweller really enjoys the open space and remarked that she didn't know she was subliminally feeling claustrophobic.. Being able to see beyond the endless rows of houses to fields and a skyscape, even if one lives in a village is liberating for her. Ignore the mess, as the house is a WIP, but the view I have from my home office is below... Even living in the village where the road is narrow and when walking to the pub (not visible but at the far end of the village) gives that sense of being hemmed in, a short stoll and one is in rambling country side... That is good enough for me and far healthier than cramped living that overpopulation, albeit potentially sustainable (or at least deferring the inevitable through technology) will bring.. The question is, what sort of quality of life do we want?
  20. Buggah! My son picked up the conundrum - if the pilot dies with a lot of people on board, he is not confrontung his fear od dying alone! I feel a little sheepish now!
  21. This may have been posted before - if so, sorry! But.. worth it...
  22. My partner asked after my loud exclamation of "Hoo-bloody-ray" if we had won the lottery.. Nope.. The TB20 is finally re-assembled after a locally sourced antenna was found. It has been so long since I have flown it, I have decided to bleedin well do a checkout on it with the syndicate instructor again.. I vaguely remember the speeds and will re-read them tonight... But, I can't wait to get it into the air for a spin... I'll get some photos of the beast and post them soon-ish..
  23. It is now officially on my bucket list to fly too! And a visit to the old Corunna Fields secret WWII air base seems a worthy trip...
×
×
  • Create New...