Building enough solar and wind power to meet Labor's new target would cost the country 80 to 100 billion dollars.
A CNBC poll of oil traders, analysts, and major fund investors, aired on CNBC August 17, showed 95 percent believing the Saudis will not alter course.
It makes all the basic mistakes. It assumes we are not an innovative economy, innovation consists in advances in science and technology alone, and is something out there.
Is Quantitative Easing a form of financial repression?
One TPP coming right up. Would you like a cost benefit analysis with that?
Their GDP and national budgets depend significantly on the revenues from their oil exports. As a result, the revenue shortfalls incentivize them to produce as much oil as possible to mitigate the shortfall.
Stopping Adani would abate no net carbon dioxide emissions. Stopping Adani may, however, raise the price of electricity for poor Indians.
It makes sense for companies to cut today, but collectively that could lead to much lower supplies in the future.
This deficit is thrown into relief, as it is now, when the terms of trade, especially the price Australia receives for its major exports, iron and coal, declines.
If the fundamentals of an economy do not support the valuations of a stock exchange, then all Beijing is doing is throwing good money after bad.
Earlier in the year I documented half a dozen media reports which turned out to be 100 percent false. Now I expose another half dozen.
It is therefore inevitable that the tax base must be widened and taxes increased if the government is to continue meeting its commitments.