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MacroBusiness Wednesday, June 21, 2017 - 14:32 Source

Via the AFR: The UBS analysis comes just ahead of the introduction of the government’s controversial “domestic gas security mechanism”, which could cap LNG exports if it is triggered. But ironically the design of the mechanism means it would affect only Santos’s GLNG venture, rather than the two Queensland LNG projects that have extra gas

The post Gas cartel shaken loose? appeared first on MacroBusiness.

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Your Democracy Wednesday, June 21, 2017 - 14:28 Source

2024

DeepStack: expert-level artificial intelligence wins poker games... Playing games is for artificial intelligence to win. Most games are 100 predictable. One only needs to play the correct moves, including Chess and Backgammon. Machines win Chess all the time. 

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Renew Economy Wednesday, June 21, 2017 - 14:26 Source

Two very different storage technologies – one old, one new; one that takes years to build, one that can be built ‘within 100 days (or it’s free)’. How else do they differ, and is there a place for both?

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MacroBusiness Wednesday, June 21, 2017 - 14:08 Source

By Leith van Onselen WA Premier, Mark McGowan, has signaled that unlike his federal Labor counterpart, Bill Shorten, he actually cares about his workers. With WA unemployment and underemployment sky high: McGowan in March wrote to Prime Minister Malcolm Turnbull to remove Perth from the Regional Sponsorship Migration Scheme, thus effectively preventing a pathway for

The post WA shreds skilled migration list appeared first on MacroBusiness.

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Renew Economy Wednesday, June 21, 2017 - 13:51 Source

Finkel says it clear investors prefer wind and solar because they are cheaper to build than traditional generation such as hydro and coal.

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Renew Economy Wednesday, June 21, 2017 - 13:49 Source

Turnbull's pursuit of "baseload dispatchable" power has all the hallmarks of the Trump administration's campaign against renewables. But data shows that countries with lots of wind and solar have better energy security.

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Renew Economy Wednesday, June 21, 2017 - 13:43 Source

AGL Energy Limited (AGL) today announced that the Board had appointed Graeme Hunt to succeed Jerry Maycock as Chairman following the AGM.

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Renew Economy Wednesday, June 21, 2017 - 13:41 Source

Major strategic partnership opens the possibility of integrating Vivid Technology and Honeywell products to create complete smart buildings solutions.

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The Australian Independent Media Network Wednesday, June 21, 2017 - 13:30 Source

By their own admission, Coalition politicians don’t bother reading reports to inform their opinion before they shoot their mouths off – Abbott with the BHP Olympic Dam report, Pyne with the original Gonski report, MacDonald with the Forgotten Children report, Kelly with the Finkel report – they have their ingrained ideological views that will not…

The post Shooting yourself in the foot appeared first on The AIM Network.

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MacroBusiness Wednesday, June 21, 2017 - 13:07 Source

By Leith van Onselen The Housing Industry Association (HIA) has released its latest Housing Outlook, which forecasts a steady decline in dwelling starts over the next three years, with renovation activity also forecast to peak before falling: “The housing boom was not consistent across Australia and now with NSW and Victoria cooling, all indicators are

The post HIA: dwelling construction is gonna fall appeared first on MacroBusiness.

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Renew Economy Wednesday, June 21, 2017 - 12:28 Source

NNEF has just published its fourth annual New Energy Outlook with electricity’s future looking sunny — and windy, too — to the tune of trillions of dollars of new investment.

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Renew Economy Wednesday, June 21, 2017 - 12:27 Source

Sunny and windy Sunday afternoon in the U.K. sees carbon intensity power production level fall below 100g of CO2 per kWh for first time ever, gifting country’s energy market glimpse into future power generation mix.

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Renew Economy Wednesday, June 21, 2017 - 12:18 Source

AGL ridicules Coalition push for new "baseload" coal plants, saying that the only new "baseload" would be renewables, with gas or storage. "There’s a lot of misinformation out there," says CEO Andy Vesey.

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MacroBusiness Wednesday, June 21, 2017 - 12:16 Source

By Leith van Onselen After months of promising to slash New Zealand’s immigration intake by the “tens-of-thousands”, the opposition Labour Party appears to have backslid somewhat, promising to leave the excessively high permanent migrant intake untouched. From Interest.co.nz: Labour leader Andrew Little says he is confident the party’s new regional visa policy will ensure migrants

The post NZ Labour backtracks on immigration cut appeared first on MacroBusiness.

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MacroBusiness Wednesday, June 21, 2017 - 11:08 Source

Dalian has opened flat: Big Iron has broken with FMG right at new intraday lows, BHP crashed through them, and even coconut vendor RIO under pressure: Big Gas is now burning out of control with STO pointing straight towards new 40 year lows: Big Gold is chopping wood in its correction: Big Bubble is bursting

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Renew Economy Wednesday, June 21, 2017 - 10:49 Source

Horizon Power’s stand-alone power project taking Fitzgerald River National Park off-grid with solar, battery storage and back-up diesel.

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Renew Economy Wednesday, June 21, 2017 - 10:45 Source

Queensland decides against proposed voluntary “buy out” of premium solar feed in tariffs in exchange for battery storage, but announces new rules to stop premium tariffs being rorted by batteries.

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Renew Economy Wednesday, June 21, 2017 - 10:45 Source

Queensland decides against proposed voluntary “buy out” of premium solar feed in tariffs in exchange for battery storage, but announces new rules to stop premium tariffs being rorted by batteries.

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MacroBusiness Wednesday, June 21, 2017 - 10:42 Source

Via Westpac: • The six month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, eased from 1.01% in April to 0.62% in May. The index is pointing to a clear slowing in momentum. While the growth

The post Westpac leading index falls away appeared first on MacroBusiness.

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Renew Economy Wednesday, June 21, 2017 - 10:41 Source

Falling technology costs and yet another hike in electricity prices are combining to make rooftop solar an economic no-brainer for most Australian households and businesses. Just ask Cory Bernardi.

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Your Democracy Wednesday, June 21, 2017 - 10:23 Source

presidentials 2020

Ivanka Trump is a smart cookie. She is possibly smarter than her mad loose-pants dad. She has been groomed and is grooming herself for better things to come. Some bad souls would suggest she is a dumb kid who got lucky.

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The Melbourne Urbanist Wednesday, June 21, 2017 - 10:14 Source

St Louis’ famously demolished Pruitt-Igoe public housing project has a lesson for the debate over high-rise stemming from the Grenfell Tower fire; it’s not really about the architecture Are towers inherently wrong for public housing?

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Renew Economy Wednesday, June 21, 2017 - 10:11 Source

AIIB will play highly influential role in Asia’s future development. On energy, this may include unlocking finance to catalyse a clean energy revolution.

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Renew Economy Wednesday, June 21, 2017 - 10:07 Source

South Korea move marks first major new international commitment away from coal since Trump pulled out of Paris climate agreement.

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Renew Economy Wednesday, June 21, 2017 - 10:03 Source

Electricity is just a symptom of the perils of populous governments. The only solution is to nationalise the lot.

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xkcd.com Wednesday, June 21, 2017 - 10:00 Source

I'm not totally locked into my routine—twice a year, I take a break to change the batteries in my smoke detectors.

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MacroBusiness Wednesday, June 21, 2017 - 09:57 Source

From Macquarie: Fed still gold’s key risk and opportunity  The Fed remains the key risk and opportunity for gold. Raising rates despite low inflation, and promising far more hikes to come, seems bearish gold and in the short-term it is. But ultimately we believe the Fed will realise it can’t deliver –so rates will

The post There’s gold in that thar Fed appeared first on MacroBusiness.

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MacroBusiness Wednesday, June 21, 2017 - 09:50 Source

By Leith van Onselen Business Council of Australia president and chief engineer of Australia’s LNG calamity, Grant King, has been quick to douse RBA Governor Phil Lowe’s call for workers to demand pay rises. From The AFR: Business would love to pay workers more but can only do so if productivity and profits improve, says Business

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MacroBusiness Wednesday, June 21, 2017 - 09:30 Source

From UBS: If you agree that growth follows the credit impulse then Straya ain’t looking up…

The post Credit impulse is not telling a good story Downunder appeared first on MacroBusiness.

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MacroBusiness Wednesday, June 21, 2017 - 09:30 Source

By Leith van Onselen Earlier this month it was the Grattan Institute that urged Australia’s politicians to back the Coalition’s Gonski 2.0 needs-based school funding package, with Grattan contending that the lion’s share of the extra $22 billion that Labor promised to spend at the 2016 election would represent wasteful investment that would not deliver

The post Pressure builds on Labor to back Gonski 2.0 appeared first on MacroBusiness.

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