Jump to content


  • Posts

  • Joined

  • Last visited

Everything posted by Impmk2

  1. I had absolutely no idea. Thought it was an item of clothing before I read the story tbh.
  2. Think it's just you, you bastards. I'm in a similar boat. Anti-royal, pro-day off. Conflicted, but I'll take it.
  3. Yeah my comments were largely limited to my home country (Australia) which has no existing nuclear infrastructure, a comparatively small population and large renewable resources, rather than say, China.
  4. No my bad, I had a bit of a thin skin this morning and misread the tone. Fwiw I'm not at all anti nuclear. I've dealt with low level radioactive material occasionally throughout my career, and support us having the waste containment site here in SA. I just haven't seen any non-partisan analysis that generation would remotely stack up as things stand. If that calculus changes I'll happily change my stance.
  5. That wasn't at all a comparison... He just happens to be the highest profile politician supporting nuclear power in the country right now. But sure whatever floats your boat. Seems you have an issue with me. I should probably stop trying to engage.
  6. Nuclear power in the Australian context is a way to avoid doing anything climate change for 20 years, while trying to look like you're doing something. There's a reason Dutton is embracing it. It's an issue that's been looked at over and over again by the CSIRO and other energy experts over the past decade. Frankly I tend to trust that more than the pronuclear crowd on the internet.
  7. Sure, but that's waaaay along the timescale into where we'll need along the path for decarbonisation, being around a decade out. Basically the lets see how this technology pans out approach, which we could say for a range of things right now. It's worth mentioning the previous reports (pre-2016) looked at traditional large scale nuclear rather than SMR and that wasn't found to be a viable way for Australia to rapidly lower emissions while keeping power prices sane either - but those reactors just aren't what's being proposed for here anymore. ETA: and I don't think these are ideological. The South Australian government who commissioned the other report I linked were very pro nuclear and were basically looking for an excuse to invest. Came to exactly the same conclusion.
  8. In larger countries / continents like the US / Europe / China etc that may well be the case. For smaller or much more sparsely populated countries like Australia and NZ I'm not sure. I know here in Australia we've had several reports and inquiries into the viability of a domestic nuclear industry by both government and scientific bodies and they've basically all concluded that nuclear energy is too slow, too costly, and still doesn't make much sense in our energy mix here.
  9. Yep, no argument. And if we actually get a solid period of wage increases too this could also help reduce the stupidity of the housing market. But not holding my breath on either front.
  10. That's the question - again from my understanding there's an absolutely massive ramp up in investment in grid scale (non-chemical) energy storage going on right now. We think lithium batteries when we think renewable storage, but pumped hydro accounts for 94% of current grid scale energy storage, and that kind of technology (not just hydro, but compressed gas, heat storage - ie molten salt, hydrogen electrolysis etc etc etc) can be brought online far, far faster, at potentially far lower cost. That makes new investment into nuclear an extremely risky venture at this juncture, as it's a massive investment for something that'll potentially end up as a stranded asset.
  11. I'm not sure pointing at average savings figures, as the RBA has been doing, is a great indicator in a country with wealth inequality at record highs. A quick google tells me that median savings are close to 1/10 of the average. There's going to be a lot of people feeling the pinch for whom those figures are little comfort. I can agree with this, the property market was (still is) ridiculously out of control. Though again, it isn't just the rates going up, it's a once in a generation inflation spike, coupled with the massive lag in wage increases (if they ever eventuate at all).
  12. The issue at this point as far as my limited understanding, is that new nuclear takes an average of approx 20 years to bring online. If we were going to go that way we needed to in the 90s. Ship has well and truely sailed. At this point massively overbuilding renewable capacity, while investing in storage technologies (be that pumped hydro, gravity, pumped gas, hydrogen, battery etc etc) seems to be the way the market is heading. Any of those should be much faster to bring online than nuclear capacity.
  13. Yep simple answer - I'm in Adelaide, probably one of the easiest cities to get a deposit together. And the people I know are generally buying a fair way out of the CBD and commuting. But yeah, almost all are couples, mostly uni educated, with no kids. If it was just a matter of the rates going up wouldn't be an issue. It's that everything is spiking at once. And if the RBA manages to crash the economy it'll be young people who wear the pain again, as with the GFC. Of course if inflation comes under control and we get a few solid years of increasing wages, coupled with a decline in house prices this could all be a good thing. I'm just quite skeptical that'll be the outcome. Business seems intent on screwing the workers with minimal/no increases even while reporting record profits.
  14. Oh I don't blame you for that, but the I think the investors will largely be fine. The rental market is so tight right now, they'll jack the rents and ride it out. It's the young people I know who have gotten into the market in the last couple years while rates are low and prices sky high I'm worried about (along with as the people who are renting or just can't afford the rent anymore).
  15. Look I wasn't trying to be personal. I just find it odd that an avowed leftist would be preaching personal responsibility and celebrating people getting screwed at the hand of the free market. And no, that doesn't mean I don't have extreme sympathy for people living in poverty who are getting hit too.
  16. Yes. But stupid young people not financially planning properly talking point is a straight from the conservative playbook. Smashed avo on toast etc. And yes, the hikes are necessary. That doesn't mean we need to celebrate them.
  17. That's very heartless. The kind of thing I'd expect a conservative politician to say. A large number of people are going to end up in negative equity and utterly screwed by this combination of steep inflation, interest rate hikes, and no real wage rises in a decade. When I was in my late 20s and first getting on to the property market I thought I'd planned pretty well, but I certainly never gamed out a once in 30 years spike in inflation.
  18. Yeah I'm on to my 3rd-4th minor respiratory ailment of the year. Wife brought something back from a work trip. Sucks because I don't have much sick leave built up in the new job yet, work from home isn't an option, and they're pretty strict on the don't come into work if symptomatic thing (and fair enough too). May have to burn a day of actual holiday leave. I usually run at a cold every year or 2. Immunity has obviously gone to shit in the couple years of no travel / minimal circulating disease.
  19. I don't think the RBA will continue to hike as aggressively as they have been. Many of the inflationary factors are international rather than domestic, and because of the way mortgages work here the RBA gets far more bang for their buck than the fed does. Couple that with softer than expected employment numbers last month, and because of the enterprise bargaining structure there's an extreme lag in wage growth which puts a bit of a lid on an inflationary spiral. I think they'll slow down going forward, but yeah another 1% over the next 6-12months sounds about right. Would be surprised if we don't get pushed into recession anyway.
  20. https://twitter.com/TheShovel/status/1559380634660904960?t=958wvGkXM_VpqG_XSsNjBQ&s=19
  21. All visas? No, a blanket ban like that really isn't simple: - The west doesn't exactly have the best history of granting refugee visas in a timely fasion to people who are at risk of repression - You'd put people in the position where they have to choose between their personal safety / wellfare and their family - There's a large number of Russian ex-pats who may not have lived in Russia for many years (in some cases their entire adult lives) who you'd potentially be making homeless ETA: I bring this up because I have a gay Russian friend who moved away from Russia in her late teens (over a decade ago). Going out on a limb to say cancelling her visa wouldn't be good for her.
  22. I've tried programs focussed on a mix of faster runs. Never worked for me at all. But as soon as I started putting in high volume with only 10-20% quick my 5k times plummeted by minutes. From my reading that isn't at all unusual.
  23. I always found raw volume to be far more important in running than speed work. When I was doing frequent, slow (<75% max hr, can easily chat while running pace) runs in marathon training I got damn fast with only 1 interval session a week. Consistency and slowly ramping up (+10% volume per week) is the key. Running is almost entirely aerobic and that's best trained by lots (and lots) of running at low intensity in my experience.
  24. https://www.abc.net.au/news/2022-08-04/environment-minister-proposes-blocking-palmer-qld-coal-mine/101302142 While I'm somewhat annoyed that approving more coal mines is on the cards at all, this really does signal a big shift from the previous 9 years. Really couldn't happen to a nicer person too. Palmer must be spitting chips tonight.
  25. So after a decade in research I've hung up my lab coat and have moved into a support role. Basically managing a small team which looks after the common research facilities, ensures we're keeping up with compliance, equipment maintenance etc etc etc. Plus side of this is I'm now in a permanent role rather than bouncing from contract to contract. Anyway one of the first things I'm involved with is recruiting to fill a role in the team, and we have a couple candidates our selection panel just can't split and I seem to have the deciding vote. One of them is internal and I know them pretty well, the other is external. My gut is really to go with the devil I know, though I'm afraid I'm giving the external candidate short shrift. If I'm being honest i thought the external candidate interviewed better. However I know the internal candidate could easily do the job, and importantly I believe they'll hang around for a few years to gain experience, whereas I'm not sure at all with the external. Decisions decisions.
  • Create New...