How The World’s Largest Airplane Boneyard Stores 3,100 Aircraft
10 May 2023 Leave a comment
in defence economics, transport economics
America & Canada Get Serious & Go Full-Steam Ahead With Nuclear Renaissance
10 May 2023 Leave a comment
Nuclear power’s timely renaissance is being led by Canada and the US, with plenty of others following suit. Any country that’s serious about reliable and affordable electricity is getting serious about nuclear power.
Britain is crab-walking away from its offshore wind power disaster, with its government recently announcing plans to pump up nuclear power generation, including by investing heavily in Small Modular Reactor technology.
Nuclear power is the only, stand-alone generation source that can deliver reliable, affordable power without generating CO2 gas, in the process, which means nuclear should be the perfect candidate for those fretting about carbon dioxide gas emissions in the electricity generation sector.
Putting aside worries about the direction the weather might take in future, the self-inflicted wind and solar calamity playing out in Europe has focused attention on the need to have power around-the-clock, whatever the weather.
Australia’s Federal Shadow Minister for Climate Change and…
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The future of the monarchy after the King’s coronation
09 May 2023 Leave a comment

Charles III has now been formally crowned as Kingin a ceremony with deep historical roots that reflect the institution’s long history. But what about the monarchy’s future? Craig Prescott discusses whether the UK is willing to consider the major constitutional change of becoming a republic, and concludes that should such a change take place, it will need to coincide with an underlying change in political culture in order to be anything other than symbolic.
The British public, as Brexit underlined, is not necessarily averse to major constitutional change. The start of a new reign provides an opportunity to reappraise the monarchy. Such a reappraisal is already taking place in many of the 14 Commonwealth realms.
In June 2022, Australia appointed an Assistant Minister for the Republic, with the intention that Australia will move towards becoming a republic after the next election, due in 2025. Over the next few…
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Messy? Not according to Meka Whaitiri – but she said so before her Maori Party colleagues were ejected from Parliament
09 May 2023 Leave a comment
While waiting for Hansard’s official record of Meka Whaitiri’s personal statement to Parliament this afternoon, Point of Order found a press statement from New Zealand First.
It was teasingly headed Whaitiri fiasco a multi-party deception.
More teasingly, Winston Peters’ name was absent from the text which kicked off:
‘Oh what a tangled web we weave when first we practice to deceive’
The statement proceeded to say:
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Debt default by the US government
09 May 2023 Leave a comment
Nz defaulted in the early 1930s
There was a great deal of debt defaulted on during the Great Depression. Businesses failed, farms went bust, and some mortgage borrowers defaulted too. But a huge number of governments also defaulted on their obligations, not just in places like Greece or Argentina which had form in that regard, but including many of the governments of the richest countries in the world. You could read about the New Zealand episode here. Most countries in Europe (including the UK and France) defaulted on their (substantial) war debts to the United States – in fact, only Finland paid in full. But even the United States government defaulted.
There is an interesting and accessible new book out about that experience, American Default. It is written by UCLA Chilean academic Sebastian Edwards (who has been used as an adviser and author here, including this paper at a Treasury/Reserve…
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Snowy 2.NOTHING: Giant Pumped Hydro Scheme Becomes Costly & Pointless Disaster
08 May 2023 Leave a comment
Along with giant batteries and ‘green’ hydrogen, pumped hydro is touted as the solution to wind and solar power’s hopeless intermittency. Five years ago, Australia’s PM, Malcolm Turnbull pitched his very own mega-pumped hydro project, tagged Snowy 2.0.
The numbering was meant to be a nod to computer program upgrades and signal an improvement on the original Snowy scheme – without doubt – the single greatest renewable energy project ever built in Australia – with a mammoth 3,950 MW of capacity, which is available on-demand (unlike the pointless nonsense that is wind power). It cost $1 billion (in today’s money) to build.
Except that five years later the 0 in Snowy 2.0 looks more like a quantification of the amount of power the scheme is likely to deliver.
The plan never stacked up economically – see our posts here and here – and is never likely to.
One of…
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Relating to Ancestors @ the British Museum
08 May 2023 Leave a comment
Walk in the main entrance of the British Museum, go through the central courtyard past the great round building in the middle and walk on through the archway into room 24. This room is titled ‘Living and Dying’ and contains cases exploring ‘how people everywhere deal with the tough realities of life and death’. There’s a number of display cases looking at particular aspects of this (big) subject via the customs and artefacts of First Peoples from around the world, a lot of them from around the Pacific, although some are from Africa. But four or so big display cases are devoted to artefacts and explanations about the culture of indigenous Australians, or Aborigines as we used to call them.
Indigenous Australian beliefs
Indigenous Australians understand that ancestral beings created the land, the oceans and all living things, passing on knowledge of how to live from, and care for…
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New Puritans On the March
08 May 2023 1 Comment
Andrew Doyle writes at Spiked The New Puritans must be stopped. Excerpts in italics with my bolds and added images
A regressive, authoritarian ideology is cannibalising public life.
My book, The New Puritans: How the Religion of Social Justice Captured the Western World, is my attempt to grapple with this disturbing new reality. A new paperback edition has been published this week, and I had hoped that by this point, it would already have started to seem out of date. In truth, the problems I describe in the book are accelerating.Novels by Roald Dahl, PG Wodehouse and Agatha Christie have since been rewritten by ‘sensitivity readers’ (newspeak for ‘censors’). The Irish government is currently passing new hate-speech laws that are similarly draconian to those passed by the Scottish government in 2021. Prestigious scientific journals are publishing pseudoscience in order to uphold this new ideology, too. Only this week…
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