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Showing content with the highest reputation on 06/05/26 in all areas

  1. Just getting back to the Centre for Independent Studies, I do wonder exactly how independent it is. I will leave it to others to decide whether this information is relevent or not. "The CIS also keeps almost all of its corporate funders secret. While it receives at least $800,000 from corporations, its policy is only to identify sponsors where they agree. [7] Companies which have been publicly disclosed and confirmed by the CIS as its funders include:" BHP Billiton Shell ICI - now a subsidiary of Orica Vincent Fairfax Family Foundation [8] Some of the individuals who fund the CIS include [9]: Dame Elisabeth Murdoch - Mother of media mogul Rupert Murdoch Neville Kennard Robert Champion de Crespigny In June 2006, the Australian Financial Review reported that a 30th anniversary dinner attended by 600 supporters with the keynote address by Prime Minister John Howard raised $2.5 million. The CIS is aiming to raise $10 million as a capital fund to underpin the centre's operations. Former Funders McDonald's Australia Philip Morris Pratt Foundation WMC (once known as Western Mining Corporation, WMC was taken over by BHP Billiton).
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  2. Correct, it is a well-known right-wing think tank. I would also be sceptical of a left-wing think tank. The video poses the question, "if renewables are cheaper, why do they require subsidies?" The assumption here is that building new coal or nuclear plants would not rely on any subsidies. It very much would. If low renewables meant cheaper power, countries like Italy or Poland should have low prices—but they don’t. The biggest driver in Europe has been gas dependence, not renewables. Italy (lower renewables than Germany, high gas reliance) → consistently very high electricity prices Ireland (significant gas dependence) → also high prices Poland (coal-heavy, relatively less wind/solar historically) → not cheap, often still high due to coal + carbon costs In terms of being directly attributable to renewable, yes, there is truth there. In 2020, I had rooftop solar installed. I had an upfront cost of $3500 plus a 4-year low-interest loan with payments of around $40 a month for 4 years. If they added to my reduced bills, then it looks like solar would have vastly increased the cost of my electricity. My philosophy here was that in order to save money, I had to spend money up front. My system has definitely paid for itself, and I am now unbothered by the price of electricity. We are in a phase of great change (just like when I got rooftop solar). I regularly go for a bike ride past Geelong docks and also the oil refinery. On one side of the road, there are enormous stacks of wind turbine parts, blades and tower components as well as the nacelle structures that are awaiting delivery to the site. On the other side of the road, it is the refinery that is noisy and stinks (and recently caught fire). This is quite a contrast. It is quite exciting to live in this time of change. Sure, there will be hiccups and missteps along the way. I suppose going from the Stone Age to the Bronze Age had its challenges. As solar and battery technology improve in efficiency and cost, it is undoubtedly doing fewer people will need to be connected to the grid, giving people economic benefits as well as autonomy.
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  3. The Federal Government has just announced that work on the inland rail route between Melbourne and Brisbane will cease when the track reaches Parkes in Central NSW. The given reason is that to complete the trtack from Parkes to Brisbane would cost $46 billion dollars. The purpose of the route was to reduce reliance on road transport between Queensland and Victoria along the Newell Highway which is the inland route. Already millions have been spent on preliminary geophysical investigations along the proposed route north of Parkes. Rural properties have been purchased. The Gilgandra Shire created a residential estate will all the road and water infrastructure for the building of housing to rent to the construction workers employed on the nearby section. Once the work was completed those houses would be placed on the public market for sale. However, demand for housing follows demand for employment, and there is not much locally. There was nothing wrong with the concept of a dedicated freight line between these two States. The problem, no doubt, is that the ability to generate the funding for the project, amongst all the other demands on government, is beyond the capacity of a Nation with such a small population compared to its area. Perhaps if our natural resources had not been sold off at bargain basement prices, or tax concessions to foreign companies were curtailed, the Government might be able to provide the funds to finance the many demands made of it. Here's a link to the Inland Rail website: https://inlandrail.com.au/
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