It keeps getting worse

[Siso]

17 hours ago, Marty_d said:

If private investors won't touch it then it's not profitable. If it's not profitable it means that it won't give a reasonable rate of return on current power prices, which means either prices would be higher, or the government will use taxpayer money to subsidize it.

We don't know if private investors won't touch it. NP is currently banned in Australia so no company has ever looked at it seriously. LIFT THE BAN!  The problem is the large cost out lay initially. If governments wanted to finance it they could build and sell later if they wanted to. I personally would rather they didn't. There a several companies that are designing small NPP for mine sites and small isolated communities. Approx. up to 20MWe that only need refueling every 20 years or so. Maybe cheaper than diesel in the long run, the problem is you have to pay for all the fuel you need for that 20 years upfront.  

[Siso]

16 hours ago, facthunter said:

Lets Have a Gov't owned Bank to Keep the Others Honest CBA is currently the Best.  Nuclear Under the LNP Plan was for LESS ELECTRICITY than LABOR's as Less electric powered CARS were proposed. It's Pretty CLEAR which set of figures was DODGY. They Never actually Came up with the figures IF you check Back on the FACTS.  nev

Lets start putting some CEO's in prison. We were always told they get their good salaries because the buck stops with them. Corporates are always pushing the boundary. Banks have form as we found out from the royal commission a few years ago. I think the worst that was happened was one of them lost his job with a big payout. Qantas is the same, Woolworths ect. If any of us deliberately did what they try to get away with the consequences would be different. They have lawyers to supposedly keep them compliant.

[Siso]

20 hours ago, facthunter said:

The LNP did the Lying  on UNclear Nuclear and their Plan was so suss they were Going to construct it with Government Money as no Private concerns would take it on. That was the Main factor in their election  defeat. WE were promised the details WHEN they Got IN..  and THEY DIDN'T GET IN by a long shot.  Libs Particularly but the NATS policies finished Libs Off.  A very high % of voters in Australia want some action on Climate Matters. Nev

We are still waiting for an honest cost of the intermittents plan!

[Jerry_Atrick]

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Edited 3 hours ago by Jerry_Atrick

[Jerry_Atrick]

17 hours ago, onetrack said:

Sorry to tell you this, Nev - but the CBA was sold off to the private banks in 1997 by the traitorous Keating Govt, and the champagne glasses have been clinking in the boardrooms of the nations Big Four Banks, ever since they removed a Govt-owned bank from opposing their constant greed. King O'Malley is spinning in his grave.

Yes, agree with Nev's post except CBA being the best. Not as bad as ANZ IMHO, but wouldn't trust them as far as I could throw them.

[facthunter]

The Final 1/2 was sold by the Newly elected HOWARD gov't in 1996 making it fully Privatised from then.   I'm No fan of the Hawke_Keating Gov't. Hawke was a tool of the Abeles/Murdoch empire.  CBA has been rated as the best now by competent  Independent sources. Nev

Edited 1 hour ago by facthunter