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My apologies smurph, your posts are much appreciated, one too many reds last night.Thinking about all this, I think the biggest issue isn’t coal versus solar or that certain power stations are gradually falling in a heap but politics.
It’s not necessarily a question of what Australia’s policy is going to be but when, or perhaps even if, we’re going to have one at all.
I won’t be surprised if one consequence of this week’s goings on in federal politics is that in practice it’s now up to the states and that’s it.
In that context it’s anyone’s guess what’s going to be done physically.
It’s hard to see the private sector investing amidst all the uncertainty and at this point I wouldn’t be betting on government investing either until such time as the situation is clarified.