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Old 21st Nov 2017, 02:18
  #120 (permalink)  
Traffic_Is_Er_Was
 
Join Date: May 2005
Location: QLD - where drivers are yet to realise that the left lane goes to their destination too.
Posts: 3,339
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This time we have the equipment to tell us the cause.
No we don't. They are still just guessing. That is why they keep moving the goal posts. Remember how "Global Warming" is now "Climate Change"? Ah, that didn't really happen so now we've got all the bases covered. Any event can now be attributed to the hysteria because the climate "changed". Thirty years ago we were all going to freeze to death. Then we were going to die from the hole in the ozone layer. Now we are going to cook. Puleease!
The green/alarmist agenda and a populace with the attention span of a 2 year old has placed any support for fossil fuels in the same place as questioning the yes vote. Political suicide. That's why the banks won't touch them. It's got nothing to do with economics and all to do with public perception. Government polices that are at odds with each other make investing in anything that might end up on the wrong side of the fence depending who has the balance of power extremely risky. Clowns like the ACF doing this are the reason:
Lawyers at Environmental Justice Australia wrote to the directors of the NAIF on Tuesday sharing legal advice that the loan would put the directors personally in breach of duties to consider the financial risks associated with climate change if they make an investment decision in support of the Galilee Basin rail project.
Who's "legal advice" would that be then? The Legal department at EJA perhaps? Vote yes and we'll drag you through the courts. It's our way or the highway.
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