Australia's largest stock trading and investment forum Australia's #1 stock forum

China announces net zero emissions policy, page-123

First 123 Last

Share
Profile

Follow
moorookamick

21,990 Posts.

769

30/09/20

11:36

Post #: 47734805
Share

Originally posted by moorookamick: ↑

Let's look at Aus from the top down.

Our best long term economic strategy is to industrialise .

Over the past 100 years, those countries who have industrialised have needed
mega amounts of electricity. Modern automated industries need even more
electricity than say 5 years ago.

At present we are striving to patch up the national grid to maintain a minimal/steady/reliable
electricity supply.

If as the Greenies maintain, that coal & LNG will be phased-out within a Generation and that
our export of coal & LNG constitutes $60 billion a year in export revenue, then, obviously we'll
have to replace that with manufactured product exports.

IMO, this will require at least 30% higher electricity generation than what we have today.

This is why we have to rapidly crank up Hydro ( NQ & Tasmania) and Nuke elsewhere should
we want to meet our international emissions committments . A hodge/podge wind/solar simply
wont do it, IMO.

Apart from Nuclear Energy, we need to Nuke up to protect ourselves from a rapidly growing
Indonesia supported by China as a preferred supplier via China's BRI membership.

Expand

Indonesia is cranking up its Nuke research (with the assistance of Russia) with its next nuke generator being used also for "research"

https://www.world-nuclear.org/information-library/country-profiles/countries-g-n/indonesia.aspx
Upvote

Reply

First 123 Last