Posts by Sacha
-
Hard News: Unwarranted risk, in reply to Stephen Doyle,
Is Labour ever likely to consider the n word.
No. But Mana might.
-
Hard News: Unwarranted risk, in reply to Hilary Stace,
He might not be so lucky when the next crisis, such as pandemic scare, hits.
those 'back office' staff proved invaluable.
-
Hard News: Unwarranted risk, in reply to BenWilson,
an open bidding process that gives local people a chance to buy too
Amazed to read this week that overseas advertisements by the receivers offered the Crafar farms either as a lot or separately when locals were denied the latter option.
-
Hard News: Unwarranted risk, in reply to BenWilson,
cost + reinvestment sufficient to sustain growth in supply
One (privatised) energy CEO isn't confident about that under current settings.
Electricity consumers are paying less than the cost of secure supplies, making the industry unattractive to investors, says the chief executive of Contact Energy, Dennis Barnes.
Speaking to the New Zealand Downstream energy conference, Barnes said current rates of return on electricity industry assets was "at a level that commercial investors shouldn't continue to invest in."
"I borrow money at 8 per cent and I pay 6 per cent to shareholders," he said during a question and answer session with industry CEOs. "That tells me the industry isn't covering its cost of security. I'm not complaining, just stating the facts. Good businesses should respond to that."
He feared the New Zealand industry would lurch between complacency followed by policy changes driven by supply crises.
-
Hard News: Unwarranted risk, in reply to James Butler,
OK, I'd download music then. :)
-
Hard News: Unwarranted risk, in reply to James Butler,
I'd download gold.
-
Hard News: Unwarranted risk, in reply to Matthew Poole,
the other rail lines don't go anywhere near anything vaguely resembling a port
I believe somewhere near Clevedon was mentioned a while back, with only a short new track needed to connect to the main trunk line south of Manukau.
-
Hard News: Unwarranted risk, in reply to Rich of Observationz,
can't we just download everything?
Soon - and the distributed personal manufacturing and communications networks involved will depend on large-scale reliable energy most of all. Hence the lunacy of hocking it off now.
-
Hard News: Unwarranted risk, in reply to insider,
Well the set of people living in New Zealand have no rights to my business.
Any business activities are subject to NZ laws that restrict some property rights, and involve trade-offs with other protections by virtue of citizenship (being eroded admittedly by trade deals). If you don't want folk to think you're a neolib fanboi then stop arguing like one.
-
Hard News: Unwarranted risk, in reply to James Butler,
I'd love to hear what that is.
If you've heard any Rand you already know.