Hi
@kingpins
What you say above is precisely the reason I like the modelling of mega green energy hubs in more remote locations around Australia.
What excites me is the potential for change of the status quo in Australia … the potential to be globally significant would be the icing on the cake … a net energy exporter, a refiner of iron ore and bauxite, significant manufacturing, jobs in trades, services and professions … decentralisation away from the narrow coastal strip of eastern Australia … vive across the nation.
This requires vision to frame the next 50-100 years, bipartisan politics where futures for Australia and Australians are what matters. From history, periods such as this do occur as recovery from catastrophic circumstances. With the year we have just had, with intensifying natural disasters and geopolitical tensions rising to levels not seen for 80 years, including western democracies querying their existence, why wait for actual catastrophe.
Back to the topic of this thread, if there is a bubble it has been due to exuberance around AI.
If AI fails to deliver tangible gains soon to companies now spending $billions to roll out AI infrastructure because imagined clients fail to emerge from the cornfields, there will be a nasty, long market correction.
So a different way of thinking about energy in Australia, the potential to reimagine an exciting future is a hedge for security against geopolitical risks and the current self destructing visions for western democracy and for the malaise of “no future” gripping many of our young.
Dex