Economy

Cambodia and Vietnam

 In April 2010 we travelled to the previous French territories of Cambodia and Vietnam: ‘French Indochina’, as they had been called when I started school; until 1954. Since then many things have changed.  But of course, this has been a region of change for tens of thousands of years. Our trip ‘filled in’ areas of the map between our previous trips to India and China and did not disappoint.  There is certainly a sense in which Indochina is a blend of China and India; with differences tangential to both. Both have recovered from recent conflicts of which there is still evidence everywhere, like the smell of gunpowder after fireworks.

The Book of Mormon

Back in the mid 1960's when I was at university and still living at home with my parents in Thornleigh, two dark suited, white shirted, dark tied, earnest young men, fresh from the United States, appeared at our door.

Having discovered that they weren't from IBM my mother was all for shooing them away.  But I was taking an interest in philosophy and psychology and here were two interesting examples of religious fervour.

As I often have with similar missionaries (see: Daniel, the Jehovah’s Witness in Easter on this Website), I invited them in and they were very pleased to tell me about their book.  I remember them poised on the front of our couch, not daring or willing to sit back in comfort, as they eagerly told me about their revelation.  

And so it came to pass that a week ago when we travelled to Melbourne to stay with my step-son Lachlan and his family and to see the musical: The Book of Mormon I was immediately taken back to 1964.

Renewable Electricity

As the energy is essentially free, renewable electricity costs, like those of nuclear electricity, are almost entirely dependent on the up-front construction costs and the method of financing these.  Minimising the initial investment, relative to the expected energy yield, is critical to commercial viability.  But revenue is also dependent on when, and where, the energy can be delivered to meet the demand patterns of energy consumers.

For example, if it requires four times the capital investment in equipment to extract one megawatt hour (1 MWh) of useable electricity from sunlight, as compared to extracting it from wind, engineers need to find ways of quartering the cost of solar capture and conversion equipment; or increasing the energy converted to electricity fourfold; to make solar directly competitive.