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#181 stocks

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Posted 31 May 2017 - 09:32 AM

Green Energy Insurrection: Aussie Miners, Heavy Industry Threaten Investment Walkout over Energy Prices  

 

Glencore and other major players in Australia’s mining and heavy industry sectors are threatening to shut mines and factories, and divert all investment elsewhere, unless Aussie energy prices fall back to internationally competitive levels.  

 

 Tomago chief executive Matt Howell, who runs Australia’s largest aluminium smelter, said the company was considering cutting production due to “ridiculously high” wholesale electricity prices which would result in job losses. 

 

Electricity prices have skyrocketed in Australia in recent years, thanks to ideologically motivated roadblocks to Australian domestic gas explorationregulatory hostility towards the Aussie coal power industry, and government attempts to favour the use of unreliable renewable energy over stable baseload fossil fuel sources. 

 

 

 https://wattsupwitht...-energy-prices/

 

 

 


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 “Men think in herds and go mad in herds, while they only recover their senses slowly, one by one.” 

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#182 stocks

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Posted 01 April 2018 - 07:48 AM

March 26th 2018 8pm and Germany produces 59 GigaWatts of electricity

 

0.00GW from solar.

1.13GW from wind.

9.27GW from nuclear. 

45.5GW from CO2 producing power plants (gas, coal, biomass, oil)

 

 

 

https://sunshinehour...-march-26-2018/


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 “Men think in herds and go mad in herds, while they only recover their senses slowly, one by one.” 

― Charles MacKay


#183 diogenes227

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Posted 02 April 2018 - 10:12 AM


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."