AGL agl energy limited.

Who writes your material . For a claimed engineer you need...

  1. 4,132 Posts.
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    Who writes your material . For a claimed engineer you need remedial work

    Lets go over these points of yours

    1. "He will immediately build more green electricity production facilities"

    Why not start now or better still several years ago
    Do you need to own the old power plant to do that ?
    Capital that could be used to build new green


    2. "He will run coal plants until they are competitive or reach the end of their lifespan"

    He has said he needs more expensive power to be competitive
    There are 100 year old generators still running and need no more work than the current ones being repaired
    Green is not maintenance free


    3 "He won't invest to fix damaged or broken coal power plants (think Loy Yang) as he will ignore sunken costs"

    Argument used to get rid of Melbourne's green trams that after 90 years had a mysterious brake issue that cost too much to fix

    Better still the New Parliament was approved on the grounds that it cost $1 million a year to maintain the old yet it still stands as a historic building ,The New parliament cost $1 BILLION to build to save $1 MILLION is maintainence on the old and we now have two buildings needing repairs
    At the time interest on the $1 Billion would have got you 10% on your money or $100 million a year or 100 years of repair cost per year

    4 "I think he will kill coal As Soon As practical (from an economic standpoint)."

    "Practical" you say. just look at the above to see that is yesterday

    I could add more to each point and link them to each other but those are enough to prove a point




    Now the next lot :

    "He will find 3-4 new board members who have expertise in the field"

    You must be a pizza delivery driver . "expertise " show me a board that has them . Rubber stamps is what they are

    Experts are employed and rubber stamped by the board


    "These board members will share the same 'greenie' ethics and views as him"

    Well we know what that means . Coal is dead and nothing you can show to prove otherwise is valid , which means NO ethics


    "Within 4 years, one of his head hunted 'friends' will take on the CEO role of the company."

    Friends= cronies =yes men



    I think that is enough to show that it is green at all cost and non of his money at risk


    Engineer my rear end . Corn flakes eater and back panel collector



 
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