(These passages are related to my above post)
It is also crucial to understand that Indonesia is greatly reliant on fossil fuel use; & also derives vast wealth from sales of LNG, coal etc.
Indonesia | EITI
Crowded, & generally poor, Indonesia, pop. c.240 m, may overtake Australia's GDP in the next few decades (not per capita)...huge implications for Australia.
Indirectly & long term, this ALP stance (which is also shared by the LNP) supporting fossil fuels bodes well for STO. Geopolitcial, defence , & economic etc. considerations means we will not sacrifice our fossil fuels' huge export earnings (& our own energy security), simply to be replaced by other countries' fossil fuel earnings, gleeful to benefit from our caprice & stupidity.
STO Well positioned, page-582
-
- There are more pages in this discussion • 102 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.83 |
Change
0.000(0.00%) |
Mkt cap ! $22.18B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $6.86 | $6.81 | $24.15M | 3.534M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 33193 | $6.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 18623 | 1 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |