Mark my words [..] brought us to third-world style poverty, while frantically learning mandarim to have a chance to migrate to China
a) What's your reliable source of information that trumps all other institutions that say the opposite?; And
b) what makes them more reliable, says you?
If you're going to make sensational claims, you better have exceptional evidence to back yourself. Otherwise you're just making noise.
Germany
Should never have shut down their nuclear, sure.
South Australia
There was like, the one incident, which people like to point at and go 'See! It doesn't work!', when actually it was because transmission lines fell over.
Here's the latest quarterly report of the wholesale market for Australia, by state (note figure 1):
The lead time for this is 15 years. It's the only energy generation technology that has become less economical with time, precisely because it isn't 'sound' without strict oversight. Gas peakers are the more timely and economical option.
the wall street folks and the usual hustlers behind this
The wall street folks won't put their money behind something that won't see returns, but yet that's exactly what they've been doing, and continue to do. China and India (and the rest of the global south) are building their own renewable capacity at absurd scale, not because of wall street shills, but because it's the most economical way to generate power.
Comments
a) What's your reliable source of information that trumps all other institutions that say the opposite?; And
b) what makes them more reliable, says you?
If you're going to make sensational claims, you better have exceptional evidence to back yourself. Otherwise you're just making noise.
Should never have shut down their nuclear, sure.
There was like, the one incident, which people like to point at and go 'See! It doesn't work!', when actually it was because transmission lines fell over.
Here's the latest quarterly report of the wholesale market for Australia, by state (note figure 1):
https://www.aer.gov.au/system/files/2024-04/Q1%202024%20Whol...
The lead time for this is 15 years. It's the only energy generation technology that has become less economical with time, precisely because it isn't 'sound' without strict oversight. Gas peakers are the more timely and economical option.
The wall street folks won't put their money behind something that won't see returns, but yet that's exactly what they've been doing, and continue to do. China and India (and the rest of the global south) are building their own renewable capacity at absurd scale, not because of wall street shills, but because it's the most economical way to generate power.