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  1. #6526
    CC Grandmaster Ian Murray's Avatar
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    Quote Originally Posted by MichaelBaron View Post
    Good. Need to utilize the state-available gas more!
    NAB chairman Phil Chronican points to risks of financing new gas projects

    National Australia Bank chairman Phil Chronican says the government would need to make a compelling case for the bank to consider financing a new gas extraction project, and the country’s top priority in energy should instead be promoting renewables.

    Amid political debate about the development of new gas projects, Chronican on Monday said the world needed to use less gas to hit net-zero targets, and pointed to the risk to banks from financing projects that would continue emitting carbon for decades. ...

  2. #6527
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    Quote Originally Posted by Ian Murray View Post
    NAB chairman Phil Chronican points to risks of financing new gas projects

    National Australia Bank chairman Phil Chronican says the government would need to make a compelling case for the bank to consider financing a new gas extraction project, and the country’s top priority in energy should instead be promoting renewables.

    Amid political debate about the development of new gas projects, Chronican on Monday said the world needed to use less gas to hit net-zero targets, and pointed to the risk to banks from financing projects that would continue emitting carbon for decades. ...
    So the risk is..from government(s) blackmailing banks not to finance.
    Interested in Chess Lessons?
    Email webbaron!@gmail.com for more Info!

  3. #6528
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    Quote Originally Posted by MichaelBaron View Post
    So the risk is..from government(s) blackmailing banks not to finance.
    That is basically the opposite of what the article said.

  4. #6529
    CC Grandmaster Ian Murray's Avatar
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    Wind energy delivers one third of electricity of Australia’s main grid for first time

    Wind energy – enjoying the impact of a major weather system that swept across Australia’s southern states this past week – established a new set of benchmarks in the both the main grid and Victoria.

    The most notable is the record share of generation for wind energy – set at 33.45 per cent ...

  5. #6530
    CC Grandmaster Ian Murray's Avatar
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    Dutton calls for sensible debate about installing rooftop nuclear reactors on every home

    Opposition leader Peter Dutton says it is high time Australia had an honest and informed debate about the benefits of supplying the nation’s energy needs through rooftop nuclear fission technology. ...

  6. #6531
    CC FIDE Master Blunderbuss's Avatar
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    Quote Originally Posted by Ian Murray View Post
    Dutton calls for sensible debate about installing rooftop nuclear reactors on every home

    Opposition leader Peter Dutton says it is high time Australia had an honest and informed debate about the benefits of supplying the nation’s energy needs through rooftop nuclear fission technology. ...
    I liked this at the end - "Households would be given a new ‘grey’ bin for kerbside nuclear waste collection."

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