Malcolm to the rescue of power prices

Checking the AEMO Data Dashboard at 4.30 we find Wind and Other delivering 2.7% of demand, propped up by a strong performance by the NSW windfarms. Go the Blues. Nothing in SA and the price sky high.

Malcolm just sent me a copy of his speech in Brisbane, I don’t have the stomach to read it but I am prepared to share.

The temptation was too much.

So the choice is going to be very clear, at the by-elections and indeed, at the general election next year, lower prices under our technology neutral customer focused National Energy Guarantee, or higher prices under Labor’s reckless renewable energy subsidies.

As ACCC Chairman Rod Sims said just this morning, “Only a technology neutral approach will get prices down. Whenever Governments prescribe that the technology should be one thing or another, that’s when you get higher prices.”

Now, repairing the mistakes of the past means, obviously, planning to ensure that renewables are reliable, and clearly that was the huge oversight neglected in South Australia.

Now, Snowy Hydro 2.0 will help lay the foundation for the future of our more flexible energy system, providing a grid scale, 2,000 megawatt battery in the heart of the system; improving reliability and security across the grid; enabling new technologies to be safely integrated.

Pray for rain!

Meanwhile in the USA emissions drop, in contrast with Europe. Not really a good thing given the CO2 level is still sub-optimal for plant growth but Greens should be surprised and pleased.

This entry was posted in Global warming and climate change policy, Rafe. Bookmark the permalink.

85 Responses to Malcolm to the rescue of power prices

  1. The ‘smartest person in the room’ is still trying to sell us a perpetual motion machine.

  2. Maxie

    The man is obsessed with pumping water uphill when the simple answer is to refurbish what is already in place, Hazelwood.

  3. Roger

    Whenever Governments prescribe that the technology should be one thing or another, that’s when you get higher prices.

    So Snowy II will lead to higher prices. Thank you, Maladroit Blight Trumble Esq..

  4. cohenite

    Turdball is a true believer; he knifed Brendan Nelson so he could introduce greenness into the Australian guts and when the libs had just enough numbers to turf him out for the reluctant Abbott, turdball bided his time until he could strike again.

    He would have been the greatest greens leader ever. As it is he is just a prick.

  5. wal1957

    “Only a technology neutral approach will get prices down. Whenever Governments prescribe that the technology should be one thing or another, that’s when you get higher prices.”

    That is pretty bloody obvious Malcontent!

    Just get rid of the unreliable subsidies you idiot!

    The man has to be as thick as a brick! But the Liberal faithful still believe in him! FMD!

  6. egg_

    “Only a technology neutral approach will get prices down. Whenever Governments prescribe that the technology should be one thing or another, that’s when you get higher prices.”

    20/20 hindsight?
    Snowy 2.0 – forget it!

  7. Tel

    The man has to be as thick as a brick! But the Liberal faithful still believe in him! FMD!

    The news media refuse to discuss the RET in any way whatsoever, therefore it cannot have an influence on power prices. See how that works?

  8. Robber Baron

    Winter bills are on their way. This might motivate a few electors to make some calls to their local MPs and give them some hell.

    Ged Kearney, you will become acquainted with me when I return to Melbourne. You will know exactly what my electricity bill is.

  9. old bloke

    Robber Baron
    #2762458, posted on July 13, 2018 at 6:38 pm

    Winter bills are on their way. This might motivate a few electors to make some calls to their local MPs and give them some hell.

    I have already written to my local MP (Andrew Hastie) and he had the courtesy to reply to tell me how wonderful the Coalition’s energy policy is (groan).

    I can’t bring myself to vote Labor, so there’s a few informal votes coming from my household next election.

  10. Dr Fred Lenin

    These politicians don’t really know what they are doing ,do they?clutching at straws to try to keep their miserable little careers alive ,any stupid thing for a vote ,it’s time we abolished career politicians and their corrupt political parties . Defund them of all taxpayer funds ,watch them disappear .

  11. RobK

    Mal says no need to subsidise, but he hasn’t said the RET is gone. This isnt tech agnostic.
    The Snowy 2.0 is said to be 2GW but no mention of its energy storage capacity (GWh) which is the important measure to mitigate weather dependent shortfalls and store random gluts. This facility is only required for RE, it is redundant and not cost effective for baseload because prices would be lower. (As indicated by two previous feasibility studies).
    Mal is leaning on gas suppliers but claims to be technology agnostic.

  12. RobK

    Has Mal costed in all our stranded lignite reserves?

  13. Rayvic

    “Whenever Governments prescribe that the technology should be one thing or another, that’s when you get higher prices.”

    Malcolm at his fanciful best: he prescribes that subsidies continue unabated for the ‘unreliables’, that about $12 billion be sunk (or should that be drowned) in Snowy II, but that nothing be spent on the only justifiable technology (excluding nuclear) — namely coal-fired power.

    And our shadow PM wants even more ‘unreliables’ and the complete phasing out of coal.

    Adopting the NEG is guaranteed to make Australia a developing country again.

    some continuation of subthat the Government spend Why does our PM not practise what he

  14. Rayvic

    This time gremlin-free:

    “Whenever Governments prescribe that the technology should be one thing or another, that’s when you get higher prices.”

    Malcolm at his fanciful best: he prescribes that subsidies continue unabated for the ‘unreliables’, that about $12 billion be sunk (or should that be drowned) in Snowy II, but that nothing be spent on the only justifiable technology (excluding nuclear) — namely coal-fired power.

    And our shadow PM wants even more ‘unreliables’ and the complete phasing out of coal.

    Adopting the NEG is guaranteed to make Australia a developing country again.

  15. The Waffler said revenue neutral? So does that mean no more subsidies for solar, wind and unicorn farts? Or does it mean we won’t touch coal with a barge pole? Guess we all know the answer to that!

  16. Bruce of Newcastle

    Now, Snowy Hydro 2.0 will help lay the foundation for the future of our more flexible energy system, providing a grid scale, 2,000 megawatt battery in the heart of the system; improving reliability and security across the grid; enabling new technologies to be safely integrated.

    Laughable.

    It’ll work like this. When the wind is blowing Snowy 2.0 will buy subsidized electricity on AEMO. That adds 2GW to consumption, of which 0.5GW is wasted heating up water. The extra consumption will raise prices on AEMO’s market, so we pay higher wholesale prices than we ought.

    Then when the wind stops blowing Snowy 2.0 will feed electricity back into the grid at the high end of the price scale, thereby undercutting the other generators. Whose business models will be further undercut. Betcha Snowy 2.0 will have first priority in supply, like the windies do. So coal plants can’t compete as they won’t be allowed to.

    Also the $8 billion or so that this big wet white elephant costs is going to require cost recovery. That means another $8 billion plus interest plus depreciation onto all our electricity bills. Then add all the subsidies paid out to the windies to make the 2GW. The subsidies used to produce the 0.5GW which will be wasted are especially galling. All these are piled onto consumers’ electricity bills too.

    All to consume 0.5GW, which is the amount the coal plant Weatherill blew up used to make.

    What a joke.

  17. struth

    This is just smoke and mirrors before an election.
    This is what I see from this.
    By way of saying government picking winners is a cosstly exercise he is saying.
    We know liberal voters believe that so we will tell them we do too.
    Liberal voters believe in letting a fair market compete.
    Therefore we will tell them we do too.
    But as Friedchickenburger told us, we are getting the UN and Paris agreement whether we like it or not.
    Malcoms lips are moving.
    He truly believes he can bluff all the people all the time.
    He is the smartest man in the room after all.

  18. Eyrie

    “Adopting the NEG is guaranteed to make Australia a developing country again.”
    Australia is already an undeveloping country.

  19. nemkat

    You can either have certainty with Turnbull, give Abbott another run with his lies, deceptions, and backflips, or throw the switch to Vaudeville and have 10+ years of ALP chaos and misery.

  20. nemkat

    Remember how the ALP used to say Australia should follow the Scandinavian Welfare Model. How great it would all be if we just took notice of those who knew better.

    Now it’s the Kazakhstani Industrial Model we must follow, to wit: Mine the Uranium, process the uranium into Nuclear Fuel Rods, export the Fuel Rods, accept the spent Fuel Rods from the customer, drill a few holes into the Great Artesian Basin, and drop the contaminated shit in.

  21. min

    Nemkat you sound like the bureaucrats who feed nonsense to most of the pollies that are too lazy to do their own research and not bright enough to understand the illogical, hypocritical statements made by many re energy.
    Unfortunately unlike Germany who can buy oil and gas from Russia, so that now their wind turbines are falling to pieces ( saw this whilst there so was not surprised to read about it in Die Welt) we will be left with renewables that have not produced the energy that was required to make them, falling to pieces also . My solar panels are just about useless so how do I get rid of them ?

  22. duncanm

    Meanwhile – the US has allowed gas exploration, is using more cheap energy than ever, but has its lowest CO2 output per capita since 1950, and its still going down.

    Malcolm is of the Rudd vein – the more complex it is, the better it must be.

    We are truly led by simpletons.

  23. yarpos

    Over at JoNova an interesting article on Lake Eucembene being at 25%. Not enough water going uphill apparently. Is Snowy management repeating the Tassie debacle and being too greedy while prices are high?

  24. Dr Fred Lenin

    If we abolish career politics and preferential voting all this crap would disappear up the unicorns fundamental . Legislate voting eligibility ,a taxpayer or retired taxpayer only to vote ,cut out the welfare voteherds ,no taxpayers subsidies for power,if you cannot generate 24/7 Then you are not allowed in the grid . Owners of defunct “renewables” eyesores to pay for removal and restoration of site to pristine condition ,or confiscation of family and company assets and jail time for pollution . And no political bribes (donations) over$10 per year by any person or group including companies .

  25. Leo G

    “Only a technology neutral approach will get prices down. Whenever Governments prescribe that the technology should be one thing or another, that’s when you get higher prices.”

    We hold these truths to be self-evident, that all technologies are created equal, that they are endowed by their Glossator with certain unalienable Rights, that among these are Lies, Half-lies and the pursuit of Subsidy. That to secure these rights, Governments are prostituted among Lawmen, deriving their powers just from the cons sent to the governed.

  26. struth

    Whenever Governments prescribe that the technology should be one thing or another, that’s when you get higher prices.”

    Now, Snowy Hydro 2.0 will help lay the foundation for the future of our more flexible energy system,

    Says it all really.

  27. nemkat

    Looks like we are being set up for the old Bait and Switch.
    No new Nuclear plants are being built anymore, but those Countries are still generating Nuclear Power are left with the spent nuclear Fuel Rods to dispose of.

    No Country on Earth has ever been stupid enough to sign up for the Nuclear Cycle [Mining, Processing, Generation, and Storage of Radioactive Waste], but that sounds like our future.

    And, no, the ALP + The Greens won’t stand in the way.
    It only takes a pro Nuclear Motion to get up at an ALP National Conference, and it’s full radioactive steam ahead for the Nuclear Industry

  28. Bruce of Newcastle

    You can either have certainty with Turnbull

    Jump off a cliff and you’ll have certainty (Mal).
    Jump off a higher cliff and you’ll have certainty too (Electricity Bill).
    Don’t jump off a cliff and you’ll have awesomely terrible brain-numbing uncertainty.
    Decisions, decisions.

  29. nemkat

    “Only a technology neutral approach will get prices down

    Well, yeah.
    As long as we’re signed up to the Paris Agreement, that’s true.
    Since no credible Parties want to walk away, that means there’s a secret agreement to go Nuclear.

    Turnbull won’t be politically able to accomplish that, but an ALP Government won’t have any trouble.

  30. nemkat

    Jump off a higher cliff and you’ll have certainty too (Electricity Bill).

    Remember the Rudd Government?
    They started destroying certainty and sending people broke from Day 1.
    Turnbull stands for the status quo.

    Who knows what Shorten/Albanese/Plibersek/Bowen stand for?

    They’ll make it up as they go along, to benefit their backers, and no one else.

  31. Bruce of Newcastle

    They started destroying certainty and sending people broke from Day 1.
    Turnbull stands for the status quo.

    Yep.

  32. duncanm

    nemkat
    #2762890, posted on July 14, 2018 at 9:33 am
    ..
    And, no, the ALP + The Greens won’t stand in the way.
    It only takes a pro Nuclear Motion to get up at an ALP National Conference, and it’s full radioactive steam ahead for the Nuclear Industry

    nemkat accidentally talks sense

  33. nemkat

    Remember the Rudd Government?
    They started destroying certainty and sending people broke from Day 1.

    Turnbull stands for the status quo [make a decision, stick to it, and create certainty for business, investors and everybody else].

  34. Davo

    Morons, simply morons

    When we have someone fair dinkum to vote for

  35. nemkat

    Because the ALP and The Greens were allowed to take ownership of the Nuclear Power issue 40+ years ago, they’ve only got to do a backflip at an opportune time, and the coast is clear

    There won’t be any opposition from the Liberal Party or the National Party or PHON or, snicker, the Australian Conservatives, but ordinary heritage Australians would be shakin their heads in disbelief..

  36. Rafe Champion

    Turnbull creating certainty, the certainty of higher prices and grid failure.

  37. nemkat

    When we have someone fair dinkum to vote for

    There’s the LDP, Davo. I’m pretty sure they’re fair dinkum about open slather migration to drive wages down to an internationally competitive $2 a day.
    Pauline Hanson, she’s fair dinkum about being fair dinkum.
    The Australian Conservatives, they’re fair dinkum about putting a gun to your head to ensure you do what they say [if Riccardo Bosi’s performance with Ross Cameron and Rowan Dean the other Sunday is any indication].

  38. nemkat

    Higher prices = less demand, I think that’s how it’s supposed to work.
    So, no grid failure, and certainty for investment in Renewables.
    Or, the Bait and Switch to embracing the full Nuclear Cycle.

  39. There’s the LDP, Davo. I’m pretty sure they’re fair dinkum about open slather migration to drive wages down to an internationally competitive $2 a day.

    LOL, dumbarse.

    Australian immigration drove population growth since WWII, particularly in the last 25 years, yet real wages grew by over 2-3% over the last 25 years.

    So real wage growth was positive in light of massive population replacement.

  40. “REAL wages grew by around 2-3% EACH YEAR despite the massive population replacement…”

  41. nemkat

    Australian immigration drove population growth since WWII, particularly in the last 25 years, yet real wages grew by over 2-3% over the last 25 years.

    Far below the Inflation rate, so we’ve been going backwards for at least 25 years.
    We’re far closer to $2 a day than we were in 193, and the trend is toward $2 a day.
    LDP style open slather Immigration just hastens the trend.

  42. nemkat

    1993, not 193, wen $2 a day was probably the equivalent of $30,000 a day.

  43. nemkat

    “REAL wages grew by around 2-3% EACH YEAR despite the massive population replacement…”

    Real wages have been in decline since 1970.
    It takes a while to get to $2 a day, but the process accelerates when you’re pumping a million people a year in.

  44. Facts don’t care about your feelings Nemkat.

    Real wages in decline since 1970?

    Were you better off in 1970?

    You’re full of shit, Nemkat.

    https://www.news.com.au/finance/economy/australian-economy/stats-show-how-far-weve-come-in-50-years/news-story/6da1c24bc848763407f7b06ca15d166b

    The average earnings for a week’s work in 1965-66 was $57 (around $740 in today’s dollars), and minimum wages for women were set around 30 per cent lower than for men.

    We measure average wages slightly differently now, but the newest data on average weekly earnings for Australia is $1160 per week. The difference would be much larger if it weren’t for the rise in part-time employment in recent decades, with parents and university students prominent among those who are working part time hours in 2017.

    1160 is a bigger number than 740.

    Do you understand this or not?

  45. nemkat

    The average earnings for a week’s work in 1965-66 was $57 (around $740 in today’s dollars),

    Probably not, but it doesn’t matter, since the high water mark for wages was 1970, not ’65/66.

    I’d argue that the buying power of sixpence in 65/66 was far more than the buying power of $1 in 2018, so your example falls over anyway.
    If you wish to continue what looks like being a days long debate that’s nothing to do with Turnbull’s deft handling of the Energy issue, why don’t we head over to the Open Forum?

  46. No.

    Facts and data don’t care about your feelz.

  47. nemkat

    Okay.
    A dogs eye, with peas and sauce, cost sixpence in 1965. Fact.

    Dogs eye, 2018 costs $4.50, + 30c for the sauce. Fact
    I call that a 9,500% increase on an Aussie staple in 53 years. Fact.

    Your example just fell over. Fact.

  48. Bruce of Newcastle

    I’d argue that the buying power of sixpence in 65/66 was far more than the buying power of $1 in 2018

    This morning I was on my morning walk and saw an empty sultana box on the road near the school.
    I mused that I went through many a box of sultanas at school. They cost sixpence in 1965-6 as I recall.
    Then 5c after the changeover. Even 5c was a lot of money for me, I didn’t have much pocket money.
    Looking up the same product and I see in 2018 it is 40c in one public school, 50c in a toff school.

  49. nemkat you dummy real wages are nominal wages divided by the price level.

    Yes we’ve had a lot of inflation. We’ve had even higher wages growth.

  50. mareeS

    Bruce might be able to help me out here…The mothballed Redbank is apparently under consideration to be revived as an off-grid power source for a bitcoin operation? People tell me it is so.

  51. Bruce of Newcastle

    I saw that too Maree. They have zero chance. All that ebil CO2 being produced to mine bitcoin!

    It’ll be fun if it is a big Chinese group with state backing. That would torture Frydenberg, caught between Gaia and Emperor Xi.

  52. nemkat

    Looking up the same product and I see in 2018 it is 40c in one public school, 50c in a toff school.
    Bruce: You’re comparing sultanas and meat.

    The price of sultanaa in real terms must’ve gone down because of mechanical harvesting and other efficiencies, and your 2018 sultanas were likely made in China anyway.

    Meat has always been expensive, because it doesn’t grow on bushes.
    So, my 9,500% rise in price of dog’s eyes plus sauce between 1965 and 2018 is more closely reflects the loss of purchasing power of the $ during that time period than your 900% rise in the price of sultanas.

  53. nemkat

    Yes we’ve had a lot of inflation. We’ve had even higher wages growth.

    Wage growth hasn’t been anywhere near inflation between 1070 and 2018.
    The Bond Rediscount Rate = the Rate of Inflation, so it shouldn’t be hard to work out what the real Rate of Inflation was between 1970 and 2018.

    Earlier on you said that $57 was the average weekly wage in 1965/66.
    I question that. $57 in 1965 was 28 pounds 10/-.
    25 quid a week was a good wicket in 1965, I doubt it was the average. The Basic Wage was only about $47 in 1970.

  54. nemkat

    n between 1070 and 2018.
    between 1970 and 2018.

  55. The Bond Rediscount Rate = the Rate of Inflation

    No, please shut up and stop spreading your moronic homespun nonsense.

    Your bizarre claims would mean that between 1980 and 1993, the inflation rate was over 10% and averaged about 12-13% each year for that period.

    Utter nonsense. So real wages would have declined around 4.65 times over that period if there was no income or productivity growth? Get out of here.

    Whilst there is a valid argument that inflation is understated, but your ideas are just unadulterated nonsense.

  56. Bruce of Newcastle

    The price of sultanas in real terms must’ve gone down

    Like televisions. So? Today I want a box of sultanas, it costs me 40c. In 1966 when I wanted a box of sultanas it cost me 5c.

    In my business the prices of our products, LME metals, have typically fallen by 1% per year due to productivity improvements. Cost of electricity likewise fell for forty years. Same principle: marginal improvements by thousands of engineers and chemists like me working over that time.

    But then renewables came.

    Electricity prices fell for forty years in Australia, then renewables came…

    The graph is damning.

  57. nemkat

    Your bizarre claims would mean that between 1980 and 1993, the inflation rate was over 10% and averaged about 12-13% each year for that period.

    Not sure of your figures, because you supply no link, and your past record as a bullshitter desperate to win an argument by any means doesn’t inspire confidence, Frank.

    Let’s just say this: Bob Hawke’s Wages freeze between 1983 and 1990 meant that wages went backwards at a reverse gallop during those years compared to Inflation.
    Let’s say the Inflation rate between 1980 and 1993 averaged 12.5%.
    Off the top of my head, i’d say that’s around 360% Inflation over 13 years.
    When you consider wage growth over that time was 25% at best, and 6% went straight to the Super Funds, you can appreciate what an utter fucking disaster for Australia the Hawke/Keating Governments were, yet people are bleating about Malcolm Turnbull?

  58. nemkat

    Utter nonsense. So real wages would have declined around 4.65 times over that period if there was no income or productivity growth? Get out of here.

    Arithmetic isn’t your strong point, is it, Frank.
    Logic appears to be an issue, too.

  59. RobK

    Nemkat,
    Why are you flailing about saying weird things about nuclear power? “Store waste in an artesian basin.” Nobody is going to do that. You are showing massive ignorance such as the greens specialize in smearing.
    Finland stores nuclear waste. We could do it far better.
    Waste can also be reprocessed….to make energy.

  60. He’s an anti-civilisational troll, RobK.

    Sheer bloody-minded stupidity and lies.

  61. nemkat

    Finland stores nuclear waste. We could do it far better.
    Waste can also be reprocessed….to make energy.

    So Finland is the Left’s new go-to Country that we must emulate.
    Fast Breeder Reactors use reprocessed waste.
    22 have been built, 3 are still operating, and one is being commissioned in India.

    Those figures should ring alarm bells.
    As if reprocessing Nuclear Waste wouldn’t be polluting in itself.

    People are suggesting we import Industries that are beyond the pale even in Kazakhstan?

  62. nemkat

    Why are you flailing about saying weird things about nuclear power? “Store waste in an artesian basin.” Nobody is going to do that. You are showing massive ignorance such as the greens specialize in smearing.

    No flailing here, old boy.
    The waste isn’t going to be stored at Federation Square, is it.
    So it’s going to be stored underground in the Outback somewhere, and under that will be the GAB.

    You’re suggesting take risks with the GAB for a few buck$?
    I’m saying that even the suggestion is insane.

  63. nemkat

    You are showing massive ignorance such as the greens specialize in smearing.

    Don’t bother smearing me, either.
    I’ve already posited upthread that The Greens will be on board with any Nuclear Power Bait and Switch by the Major Parties.

  64. RobK

    Outback somewhere, and under that will be the GAB.
    Bollocks.https://en.m.wikipedia.org/wiki/Great_Artesian_Basin

  65. nemkat

    Bollocks yourself.
    You’re not taking into consideration all the other aquifers in Australia, the water sources for the GAB and all the aquifers, and the fact that once it is contaminated by Nuclear Waste, it’s goodbye to the Pastoral Industry, Agriculture, and towns that depend on that water.

    As in Chernobyl and Fukushima, it can’t be cleaned up after the disaster, so why take the risk in the first place?

  66. Let’s just say this: Bob Hawke’s Wages freeze between 1983 and 1990 meant that wages went backwards at a reverse gallop during those years compared to Inflation.
    Let’s say the Inflation rate between 1980 and 1993 averaged 12.5%.

    Oh dear god.

    This is a tragic level of misunderstanding, probably written by Bob Ellis’ completely drunken ghost.

  67. duncanm

    it’s goodbye to the Pastoral Industry, Agriculture, and towns that depend on that water.

    right — all those farms and towns in central Australia.

  68. RobK

    Nemkat,
    Australia has many cratons that have massive igneous blocks and waste is sealed in impervious matrix in stable underground where there is no danger of leaching. It is expensive and over the top but your fears are unfounded. I add that naturally occuring uranium, along with many other metals are highly mobile in their natural state. Pumping or allowing water to flow is more likely to liberate those metals (including arsenic) into the water table. Ground water is at risk of natural contamination. Fixed nuclear waste properly stored, has no risk of leakage. Poorly contained temporary stored waste is a risk. Your fears are unfounded.

  69. Rayvic

    Eyrie, by ‘developing country’ I mean one that has weaker financial and industrial bases and lower qualities of life relative to global norms.

  70. nemkat

    RobK, you say:

    Fixed nuclear waste properly stored, has no risk of leakage. Poorly contained temporary stored waste is a risk.
    Earlier in your post you said:
    It is expensive and over the top but your fears are unfounded.

    So, if it’s expensive and over the top, it won’t be done. The cheap method will be used.
    Goodbye Pastoral Industry, Agriculture and humans in Inland Australia.

  71. nemkat

    Your fears are unfounded.

    The sort of people who pop up on the ground floor of Australia’s brand new Nuclear Waste Storage Industry will be the same sort that became Pink Batt installers for Kevin Rudd overnight, i.e. shitheads.
    The GAB covers 24% of Mainland Australia. Once it’s contaminated by Nuclear Waste, nAustralia’s only viable Industry will be Nuclear Waste Disposal and processing.

    The risk isn’t worth it.
    If Nuclear Waste was as harmless as you claim, every other Country in the World wouldn’t want to be getting rid of it.

  72. Snoopy

    One of the locations seriously proposed as a nuclear waste storage facility was at Sally’s Flat about 40 miles northwest of Bathurst. No aquifers there, it was going to be stored in granite. The proposal was defeated by Greens and Lock the Gate types. Meanwhile the waste is stored in a shed someplace.

  73. nemkat

    There’ll be fresh water under granite, cracks, fissures streams.
    Nuclear Power Station Waste has a Half Life of hundreds of thousands of years. Who can seriously give any guarantees about future security of storage?

    Don’t fall for the ALP/Greens Bait and Switch on Nuclear Power.
    Signing up to the full Nuclear Cycle comes along with it.
    It’s just not worth the risk.

  74. nemkat

    Since Nuclear is classed as ”Emissions Free, and there appears to be a Gentleman’s Agreement not to build any more Coal Plants here for now, sooner or later Nuclear Power will be presented as the solution.

    It’s really all about solving the rest of the World’s horrendous Nuclear Waste problem.
    It’ll end up like Asbestos storage. There’s so much of that shit, large pipes just get dumped in State Government paddocks and everyone looks the other way.

    We’re being held hostage, but don’t expect Labor/ The Greens to behave in a principled way once the Endgame starts.

  75. Mon

    What a shame Turnbull is not the blimp (balloon) , one prick and he would be out of our lives forever.

  76. nemkat

    Turnbull is the greatest P.M. in living memory, there’s been no micro managing of Ministers, no backflips, no resignations lately, and the Economy is doing okay, considering all the Regulation.

    Also take into account the Media and blog Trolls being 100% agin him, and having to carry Barnaby Joyce and Tony Abbott, he’s done well.

  77. Bear Necessities

    He’s just another big government apparatchik Nemkat. Spending is increasing, regulation is increasing and how about that banking Royal commission. This government is a Seinfeld government. A government about nothing! Just implementing and presiding over ALP policy such as Fair Work, NBN and NDIS.

  78. duncanm

    Turnbull reminds me of the Carr years. NSW went backwards for a decade.

    The Seinfeld Government is the perfect moniker.

  79. ELECTRICITY PRICES, JERRY!

    NO WORK HAS BEEN DONE! I AM NOT PENSKY MATERIAL!

    Someone on the phone for your jet turbines to run windmills, Boob Cantstandya…

    SAY VANDELAY! ART VANDELAY! SAY VANDELAY INDUSTRIES!

    Yep!

  80. nemkat

    Bear Necessities
    #2763685
    This government is a Seinfeld government. A government about nothing! Just implementing and presiding over ALP policy such as Fair Work, NBN and NDIS.

    Remember the Rudd/Gillard/Rudd Governments? They were ”do something” Governments.

    Fair Work? It’s been around in one form or another for 100+ years. To abolish that would mean going to an Election.
    NBN & NDIS?
    Gillard went to an Election on that in 2010 and got up.
    All the Coalitrion can do is implement it in good faith.
    If they wanted to do otherwise, an Election is the way to get permission.

    The lesson for Australians?
    Vote in an ALP Government, and repent at leisure.

  81. RobK

    Nemkat,
    You are aware that the radio activity of uranium is present before it is mined. It is often found in supergene enriched oxidized rock which is porous and ground water has mobilised the metals naturally.
    Fixing the waste in solid fresh rock is better than where the stuff came from in the first place.

  82. wal1957

    Nemkat…

    Turnbull is the greatest P.M. in living memory

    So…you have a 2 minute attention span do ya?

  83. duncanm

    shh – nobody tell nemkat about Oklo.

  84. Rob MW

    As ACCC Chairman Rod Sims said just this morning, “Only a technology neutral approach will get prices down. Whenever Governments prescribe that the technology should be one thing or another, that’s when you get higher prices.”

    Now, repairing the mistakes of the past means, obviously, planning to ensure that renewables are reliable, and clearly that was the huge oversight neglected in South Australia.

    Now, Snowy Hydro 2.0 will help lay the foundation for the future of our more flexible energy system, providing a grid scale, 2,000 megawatt battery in the heart of the system; improving reliability and security across the grid; enabling new technologies to be safely integrated.

    I had to read that twice. Does this bloke actually read the complete bullshit he writes ?

    Fuck me dead, this country is lost to total fucking hypocrisy and any remedy for salvation is in a fucking rabbit hole somewhere under their fucking noses.

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