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17/06/24
17:20
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Originally posted by madamswer:
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"Clearly the returns on capital for all those solar and wind businesses can't be in excess of the cost of capital". ... so the actual business cases prepared for such installations doesn't ring true for you..... ahahehheahahaw. Not just for me, but also for the country's largest major power utilities, which are walking back from wind + solar (Remember how the AFR reported as much?)"you seems to have confidence only in your own opinions. and reject anything you don't believe in as false without even considering facts." In the absence of evidence that show that wind and solar projects generate superior returns, I am left to the view that they don't. Otherwise we would see those favourable numbers published on a widespread basis. If you believe that renewables' investment returns do exceed the cost of capital, please present the facts about the investment return profile of a representative basket of renewable projects. (PS. Audited financials, if you please, as opposed to ideological, non-factual reporting from the ABC ) .
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you're the one who puts faith in the AFR..... there aren't may journos I have confidence in. John Kehoe for one is entirely biased and unreliable for facts. Ms Hewitt too has a strong right wing bias. many journos at AFR push right wing beliefs.