RANT- partly on topic
It appears that a political decision has been made that nuclear will be the baseload capacity for China.Probably also India- viz those countries where the population density is too great for renewables.
As far as our little bleeder politicians Down -under there will be no progress, the green lobby is too strong.
However the inevitable will happen: no one will want our thermal coal!
Then there is the EV revolution:less fuel excise.
Finally,the significant probability that a high spending Shorten Gov. will be voted in (take Vic.'s new Gov promise to double infrastructure spending by debt funding!) ....and the US10 year bond rate rising
The economic consequences of this are fast becoming "the perfect storm"
I hope our profits from AEE will help us whether it AND take profits before Shorten gets in.He and his ilk hate people getting profits..........rant over
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RANT- partly on topic It appears that a political decision has...
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