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Spain and Portugal

Spain is in the news.

Spain has now become the fourth Eurozone country, after Greece, Ireland and Portugal, to get bailout funds in the growing crisis gripping the Euro.

Unemployment is high and services are being cut to reduce debt and bring budgets into balance.  Some economists doubt this is possible within the context of a single currency shared with Germany and France. There have been violent but futile street demonstrations.

A cockatoo named Einstein

A couple of days ago a story about sulphur-crested cockatoos went semi-viral, probably in an attempt to lift spirits during Sydney's new Covid-19 lock-down. It appears that some smart cocky worked out how to open wheelie-bin lids.  That's not a surprise - see below.  What is surprising is that others are copying him and the practice is spreading outwards so that it can be mapped in a growing circle of awareness. The cockies are also choosing the red (household rubbish) bins that may contain food, disregarding yellow (cans and bottles); blue (paper and cardboard) and green bins (garden clippings). Yet, now they have also been observed checking-out other potentially food containing bins.

One has even been observed re-closing the lid - presumably to prevent other birds getting to the food.

Back in the 1950's I was given a pet sulphur-crested cockatoo we named Einstein. I was in primary school and I didn't yet know who Einstein was. My father suggested the name - explaining that Einstein was 'a wise old bird'.

Electricity Pricing

 August 2012 (chapters added since)

Introduction

The present government interventions in electricity markets, intended to move the industry from coal to renewable energy sources, are responsible for most of the rapidly rising cost of electricity in Australia.  These interventions have introduced unanticipated distortions and inefficiencies in the way that electricity is delivered.

Industry experts point to looming problems in supply and even higher price increases.

A 'root and branch' review of these mechanisms is urgently required to prevent ever increasing prices and to prevent further potentially crippling distortions.