BRFR Cake Stop 'breaking news' miscellany

[PurplePenguin]

Given your obvious interest/expertise on the subject, plus previous exchanges, do these seem reasonable/workable from your POV? (This isn't an attempted 'gotcha', BTW, as I'm genuinely interested in your informed penguin POV partly because it doesn't align with my naïve POV.)

I think that it is an attempt to please the crowd, but I don't think it makes sense to the remove the carbon tax as that just becomes yet another penalty on renewables (or removal of a benefit), and there have been quite a few of those over the years.

Also, I don't really think the voluntary CFD will save much money nor do I understand how it works. A CFD is a contract for difference i.e. the difference between the market price and the agreed price - a CFD doesn't affect the market price. Perhaps they will come up with a mechanism for this that does work during the consultation. There is then the issue of what price they would offer generators - if it is too high, the government will lose money, if is too low, no one will enter the contract, so the price needs to be pretty consistent with the market i.e. no saving beyond a premium for accepting the market risk. If there is no saving, they haven't really achieved a lot.

 

[briantrumpet]

I think that it is an attempt to please the crowd, but I don't think it makes sense to the remove the carbon tax as that just becomes yet another penalty on renewables (or removal of a benefit), and there have been quite a few of those over the years.

Also, I don't really think the voluntary CFD will save much money nor do I understand how it works. A CFD is a contract for difference i.e. the difference between the market price and the agreed price - a CFD doesn't affect the market price. Perhaps they will come up with a mechanism for this that does work during the consultation. There is then the issue of what price they would offer generators - if it is too high, the government will lose money, if is too low, no one will enter the contract, so the price needs to be pretty consistent with the market i.e. no saving beyond a premium for accepting the market risk. If there is no saving, they haven't really achieved a lot.

OK, thanks PP. I guess that the devil will be in the detail. Did wonder about the carbon tax - I guess a bit of a sop to soften the blow to the non-renewable sector.

 

[icowden]

Adaptive cruise control is not a new thing as it was introduced in 1995.
It is quite a wake up call that 1995 is over 30 years ago. 😱

I think the majority of cars didn't have it for quite some time though. It wasn't until somewhere around 2015 until it became a bit more common, and even then only in cars with a very high level of trim. In EVs it is ubiquitous as it is far easier to implement there being no engine or gears.

 

[Pinno718]

But is it adaptive cruise control?

Yes - I can use my right foot.

 

[icowden]

Yes - I can use my right foot.

you shouldn't need to use *any* feet