The failed hydrogen policy requires massive electricity for conversion and worse its still not a commercial energy as confirmed by Energy Australia ,BSL etc,converting oils to bio fuel can only be commercially achieved with nuclear not batteries and the fed govt can't wait still it starts fining airports,producers and airlines in 2030 because they did not achieve the 10% bio jet fuel target as confirmed by Qatar or Emirates CEO or chair,EV home charging requires similar electricity demand as a average home,all electric green field developments etc etc . Above will absolutely add to electricity costs and black outs.
Only this govt and the WEF would suggest batteries can meet above demand.
Solution RBA increases rates to stop energy inflation.I Increase electricity obviously has inflationary flow on effects in all sectors so clueless RBA increases rates.
Then we import 1 million migrants and house prices go thru the roof along with electricity demand. We fly them in,the US makes them walk then provides a bus.
I'm 505 cash because on my maths above makes no sense unless your the govts state and fed or WEF.
But I still hold NHC.
NHC Price at posting:
$4.93 Sentiment: None Disclosure: Held
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