#easttimor

Why doesn’t Atlassian lead the charge if it is such a great idea?

Coal.png

Atlassian Co-Founder Mike Cannon-Brookes (MCB) has put forward a vision that is so compelling for Australia to junk its $70bn coal industry, it is a real wonder why he has not decided to deploy the tech giant’s own capital to seize those obvious riches? He believes coal will be worth zero in 15-25 years. If it is such a dead industry, can he explain why China’s coal-fired power (great infographics here) has grown from 200GW in 2000 to over 900GW today? Or India that has grown from 61GW to 221GW of coal-fired power gen? Why would Adani persevere in the face of 8 years of government and regulatory roadblocks in Queensland if coal wasn’t on the menu for India’s future?

The International Energy Agency (IEA) notes the following on coal,

Coal power generation increased 3% in 2018 (similar to the 2017 increase), and for the first time crossed the 10 000 TWh mark. Coal remains firmly in place as the largest source of power at 38% of overall generation. Growth was mainly in Asia, particularly in China and India.

Note in the following map, yellow and red are levels of intensity and in operation. Grey is that idled or shut down.

Coal Fired Power.png

Global wind and solar installations account for about the same as China’s current coal-fired power capacity.

MCB’s idea that we should export the sun and wind is utterly fanciful. The amount of transmission loss over distances in Australia would be massive. Our own energy market operator, AEMO, noted that energy transmission losses for those wind and solar farms located furthest from the main load hubs, in north Queensland, western NSW and some in Victoria could suffer marginal loss factors (MLF) of up to 22%.

To think our closest neighbours – New Zealand, Papua New Guinea & East Timor – are at least 200km away from our extremities. At least 500km to major city centres like Port Moresby. That is assuming our ecomentalist Department of Environment would fast track approval for Cape York and the Daintree Forest to be logged and turned into a wind and solar park to then run some cable to Port Moresby. The problem with MLF is that if Port Moresby demanded 1MW of energy, then it would need to pay for more than it needed to anticipate the MLF which would grow the further the demand was from the main load hubs that could supply it.

To add to the problem, Australia’s ridiculously high power prices would be completely unattractive to the likes of Papua New Guinea. They would be better off ignoring Australia’s transmission and self-supply. That is exactly what it is doing. PNG currently get 30% of its power from hydro, 40% from gas and 24% from oil. Note it has signed a memorandum of agreement to install, you guessed it, a 60MW coal-fired power station in Lae. Energy security is on the menu.

MCB has suggested we set up local manufacturing to harness all of our local resources. Once again, a great idea on paper, but in practice, our prowess in low-cost manufacturing has a terrible track record. The now defunct auto industry is exhibit A on that plan.

As is so often the case for celebrity billionaires, thought bubbles are often free to them but costly to others. Tesla shareholders know that feeling. Who could forget JCB’s retweet of Greta Thunberg at the time of the election, imploring Australians to “not f*ck it up“??

MCB may drive a Tesla and have plans to make Atlassian 100% powered by renewables by 2025 but for the sake of shareholders it best he sticks to his core business unless he plans to divert capital to diversify Atlassian and harness this green future. Perhaps he should put Greta Thunberg on the Atlassian board as an executive director on renewable exports?

Building the Education Revolution the right way

AWM at night.

Is the $500m upgrade to the Australian War Memorial (AWM) to honour recent conflicts too exorbitant? It is a lot of money. The current building is worth $140mn. The AWM cultural/heritage collection alone is worth over $1.2 billion. Only 4% of it is on display. While some will look at the expense as extreme it is worth considering some facts. Before that let’s not forget the $442mn to protect the Great Barrier Reef.

The Department of Veterans Affairs (DVA)  allocates $42.7mn of the entire $11bn budget annually to operate the AWM. Donations of $13.8m (+150% year-on-year) were made in 2017, $4.3mn in merchandise, $2mn in interest and $2mn in net GST receipts make up the balance. If one wants to be properly cynical the expansion project is only 1% of the current amount to upgrade our submarine fleet!!

As much as the complaints will flow around wasting money on glorifying war, the stats show that interest in the museum has been rising over time.

1.12 million visited the AWM in the 2017 fiscal year. A total of 844,899 people visited the Memorial in 2007. That is a 33% increase. Time spent on the AWM website totaled 5.61mn up from 4mn in 2007. Anzac Day related searches in the period just past were up 47.7% year over year. Facebook followers hit 100,000, a 27% year on year increase. So much for those who think nobody cares anymore and that there is a drop off in interest in honouring our military history. Clearly not.

Honouring the brave soldiers who have defended our freedom in recent conflicts are no less worthy of being shown respect. Should we scale the funding dependent on the number of deaths. Should we pro-rata the investment based on the 64 killed in action in armed conflicts since Vietnam to the 102,792 prior?

The AWM is already an exceptionally well designed and curated museum. The reality is there is no space to augment the collection without a rebuild.

Canberra got 4.95mn visitors annually in 2017 (+10.6% on 2016) adding $2.26bn to the ACT economy.

Expensive yes, but to ensure the aesthetics are kept tasteful and in the spirit of the 76yo AWM, it is hardly going to be worth erecting a corrugated iron shed with a few ceiling fans. Building underneath the current site will take some pretty serious engineering feats.

And to the Anzac haters whose cheap shots remain too frequent.  Even our own state broadcasters can’t resist the temptation to demean those who served. Anzac Day is treated more and more as one of resentment, not honour and sacrifice.

ABC presenter Jonathan Green protested by saying Anzac Day is “our collective quest for a military history that we can drape around us”.

Scott McIntyre, formerly of the taxpayer funded SBS, tweeted with respect to those commemorating Anzac Day,

Wonder if the poorly-read, largely white, nationalist drinkers and gamblers pause today to consider the horror all mankind suffered.

He had also tweeted,

Remembering the summary execution, widespread rape and theft committed by these ‘brave’ Anzacs in Egypt, Palestine and Japan.

As well as,

“The cultification of an imperialist invasion of a foreign nation that Australia had no quarrel with is against all ideals of modern society.”

Not to be outdone the left leaning mainstream media journalists stepped into the fray. Geoff Weinstock of Fairfax wrote on his twitter page with respect to the sacking of McIntyre,

“Ridiculous. Frightening. I also think Anzacs were racist yobs and Anzac Day is a death cult. Sack me Fairfax.”

Michael Leunig’s Anzac Day cartoon in The Age, depicted medals with a legend against each: Fear, Hate, Anger, Violence, Homicide.

Guardian columnist Catherine Deveny called Anzac Day a

“Trojan horse for racism, sexism, toxic masculinity, violence, homophobia and discrimination.”

Perhaps these people might reflect on the reality of Lt Norman Martin Peterson’s letter of 7 May 1943 which reflected on Anzac Day

“Perhaps you may think, at times, that I’m a moaner. — but it’s not that the life here (in spite of a few hardships) doesn’t agree with me, but the fact that wharfies, and coal miners, and munition workers go on strike, or want extra pay for working on Anzac Day , while the soldier (for whom Anzac Day is for), puts up everything with a wisecrack and forgets days and dates. I though finely, when we brought in a wounded bloke on Easter Monday, shot like a sieve, while in his homeland his fellow countryman strike for more pay, or holidays. Was his shocking wounds worthwhile in keeping his country safe for racecourse wages, “sportsmen (?)”, strikes, and absentees?—What do you think!!!!”

or just the general conditions these soldiers endured under constant attack by an enemy sworn to kill them. From his despatch of 5th February 1942,

“This bloody war is a terrific mental strain, you can get shot anywhere by snipers, (who never live more than two hours anyway, after they’ve climbed the trees, because our blokes comb the branches with Brens and they dangle like rabbits from their perch). I’ve lost about 2 stone {he was 154lb at the start] since I’ve been in action here, it’s tough, believe me…

“I decided to risk it and make a dash for it, a man every two minutes. Without mock heroics, my knees were knocking as I got to my feet and darted around the 200 yard long bend, expected to get one in the guts any moment. To my sorrow, around the corner we came across poor old George Jenkins, who had been guide, —shot, —our first casualty and we had only been in the place 5 minutes and a sniper had got him. The bullet had plowed through his scalp from ear to ear, and his face was a mess. Poor buggar, all he was worrying about was that he wasn’t able to tell us about the sniper and was we alright. I slapped a shell dressing on his skull, and we carried him back, —lucky buggar, he’ll go home now.”

We spent $16.2bn on Building the Education Revolution. $500m for the “educational” value in a society in desperate need of waking up to how good they have it is quite frankly cheap at twice the price.