Daily review 12/07/2022

Written By: notices and features - Date published: - 4 comments
Categories: Daily review

Daily review is also your post.

This provides Standardistas the opportunity to review events of the day.

The usual rules of good behaviour apply (see the Policy).

Don’t forget to be kind to each other …

4 comments on “Daily review 12/07/2022”

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  1. 1

    Fatih Birol warns of more pain to come in global energy crisis,which due to interconnected complexity is causing problematic issues for both energy and food security,and substantive debt crisis in emerging markets.

    https://twitter.com/IEA/status/1546596455275798529?cxt=HHwWgoC9-YTSzvYqAAAA

    Europe and especially Germany is facing significant disruption,high inflation,high risk for winter and the risk of social unrest as German landlords ramp up heating costs,and limit hot water.

    Many renters in Germany are receiving unpleasant letters these days. As energy prices rise dramatically, landlords and property management companies are increasing the monthly flat rate for heating costs. One housing company in Berlin is announcing a 100% increase in heating prices for apartments heated with gas or oil.

    Whether this will be enough is not clear. The high energy prices have a delayed impact because the advance payments are not offset against the actual costs incurred until the end of the year.

    The GdW, an association that represents 3,000 housing companies, has calculated that each household would have to budget up to €3,800 ($3,870) more for energy in the coming year.

    https://www.dw.com/en/fearing-russian-gas-cutoff-germans-prepare-for-cold-winter/a-62412646

    Here in the middle of winter (and maintenance season ) at peak time with a high wind load (due to bad weather) we have the cheapest spot price in the world at 2.91 – 3.47 $ mwh.

    1. 3.1

      LOTO Luxon got a few lines/minutes with the SMH. The quotes were incredible and may live to haunt Key 2.0:

      We get rich by doing business around the world, not by selling things to each other in New Zealand.

      What, like houses, then? And who specifically get's rich, Christ-o-fear? At least he admits this:

      And the accompanying piece to that is making sure we've got the infrastructure to support it as well because we've done a poor job of syncing those two bits together

      Better get on with that Auckland rail.

      Apparently, according to John Key Chris Luxton, pandemic or not, we have always been a hermit kingdom, at least since October 2017…

      https://www.newshub.co.nz/home/politics/2022/07/christopher-luxon-worries-new-zealand-s-become-inward-fearful-over-the-years-trade-relationships-suffered-as-result.html

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