“shocked the greens in the audience when he revealed that without gas in the mix of electricity sources, the target of zero emissions by 2050 would cause widespread power shortages”
Well yes it would shock them wouldn’t it - because the green numpties never bother themselves with the next level of detail that reveals such realities - they just make lots of simple minded noise about climate change and have brainwashed a generation of simple minded voters.
However the hard nosed economists, financiers and market analysts are seeing through the BS announcement from the other day. They know there will be compromises and workarounds because gas is absolutely crucial to the transition (and for a lot longer than anyone is game to admit)….and that’s why the WDS stock price, after a one day wobble, has recovered and forged ahead again.
News: WDS Energy stocks slip as Australia nears major emissions reduction bill, page-29
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Last
$28.94 |
Change
0.100(0.35%) |
Mkt cap ! $54.94B | |||
| Open | High | Low | Value | Volume |
| $29.20 | $29.26 | $28.86 | $116.3M | 4.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16692 | $28.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.94 | 2904 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |