Transferred from a debate with a Conservative Thatcherite "taxpayer money" ogre:
https://www.ozpolitic.com/forum/YaBB.pl?num=1762994556/0#11(#11)
TGD: See the big batteries already rolled out in Oz
Lee: You mean those huge ones that can provide power for 1 hour?
TGD: That's right, we need hundreds of them; but also combined with millions of small batteries connected to PVs on all suitable household roofs, subsidized by (....free) government money.
Now we are talking GWs of storage equivalent to the entire Oz energy output and usage.
Lee: China is about the sole supplier, and like to control their product, which means controlling the market.
TGD: ever heard of transfer of technology, and manufacturing under licence?
The resulting global boom in battery manufacturing could enrich the whole world.
Lee: Yes, but you can't back up (public money) . It is not proven.
TGD: Logic - admittedly not available for the terminally deluded like you.
Note: money is created ex nihilo, by the legal issuer; what's your problem?
Lee: Ah Government by decree.
TGD: Crippled Conservative brain: 'by decree',
when the private market results in market failure - and worse...Lee: (on ownership of resources): ever heard of MRRT?
TGD: as if that's a defence of your absurd argument re ownership of fossils in the ground, cf 'ownership' of sunshine and wind.
Note: fossils in the ground belong to the Commonwealth.....sunshine and wind belong to the world; 'ownership' is moot....
........
For all deluded Thatcherite "taxpayer money" ignoramuses:
'Public Money: Public Good' https://publicmoneypublicgood.net/“The ultimate, hidden truth of the world is that it is something that we make, and could just as easily make differently.”
— David Graeber
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