“The more the government do things, the more private investors hold back. The more private investors hold back, the more there is a need for government to do things,” he told The Australian Financial Review.
“You get in a position where, looking out several years, the market as we know it disintegrates. When that happens you need very, very deep pockets to fill the gap.”
PM Scott Morrison took a special bus tour up the Queensland Coast, except he flew in a plane because the bus was too slow, and the rest of the time he wanted to talk with Queenslanders, who weren’t to be found in the bus. Then he drank lots of XXXX beer and chomped on pies to show he’s a regular, fair dinkum guy bloke. Junkee has more, lots more:
That was the headline in the dead tree version of the AFR. Bill Ferris is the outgoing Science and Innovation Australia chair. He says he didn’t find the Coalition government’s rewriting of the ACCC report to support coal-fired power a helpful signal, but:
what I am seeing – and you see it in the US as well – is that business and state governments are getting on with alternative energy sources, mainly renewables and storage,” said Mr Ferris, a veteran venture capitalist.
The last Climate clippingswas on July 2. Time to get back on the bike. Unfortunately this edition is not full of good news, apart from the prospect of eating the carcasses and droppings of bacteria feeding on hydrogen (see # 5). Next time I’ll try to catch up with some climate action.
Scott Morrison put in a fine effort to stop the votes that would have retained Wentworth for the Liberals. And he succeeded. Now he seems intent on stopping the $200 billion worth of investment that will be needed to transform the electricity sector.
On ABC RN’s The Science Show Robyn Williams spoke to Kate Hughes, Research Assistant in the Institute for Sustainable Futures at the University of Technology Sydney, and Ben Selinger, Emeritus Professor at ANU (transcript available) in the light of the ABC Four Corners program The Monsanto Papers.
Kate Hughes lives in a valley in the Greater Blue Mountains World Heritage area. The decision is simple. Either you use glyphosate to counter the Chinese false bamboo, or you have a valley choked with the weed. Continue reading Weekly salon 28/10→
In Brazil’s first-round election on October 7, far-right candidate Jair Bolsonaro outperformed what polls predicted to win 46% of the vote — less than 5 points short of an outright victory. His top rival, left-leaning Fernando Haddad, earned 29%. The two will face each other in an October 28 runoff.
Cartoonist Mark David shows how Scott Morrison applied his proven skills in the Wentworth by-election:
Many commentators including Laura Tingle, talking to Phillip Adams, said the numerous own goals from the Coalition prior to the election turned enough votes away from the Liberal candidate David Sharma and towards Kerryn Phelps for the latter to win. The latest count shows Phelps ahead 51/49 two party preferred, with Phelps coming from a first preference count of 29.1% as against Sharma of 43.2%. Continue reading Wentworth a tipping point?→
The Wentworth by-election is still a thing, but interesting and perhaps important things happen elsewhere.
1. Spain lost all its men in an ancient invasion
The time was about 4500 years ago. Spain was invaded from the east by a group that stemmed from the Yamnaya herders on the steppes north of the Black Sea, the group responsible for founding the Indo-European language group. A genetic study led by David Reich of Harvard Medical School has found that the local male line disappeared instantly with that invasion (New Scientist, pay-walled), never to be seen again. After the invasion the resulting population had 40 per cent Yamnaya ancestry and 60 per cent local ancestry. However, the Y-chromosome of the male line changed completely to the Yamnaya line.
I have to work today, helping my 89 year-old and his wife in the wilds of Upper Brookfield. We’ve had rain and you can see the grass grow.
Tonight my son Mark arrives from Sydney, and tomorrow I’m scheduled to do anther largish lawn because my ute is scheduled for repairs on Monday. So this is a quickie Salon ahead of the Wentworth by-election. Continue reading Weekly salon 20/10→