32 thoughts on “Weekend reflections

  1. We learn something new every day, when we blog.
    What an epiphany, to learn that Capetown is not in Australia!
    There are many more Africans, black and white, living in Australia nowadays, so one supposes the real clue involves the absence of Table Mountain?

  2. I’d have been more impressed if someone had prayed to Mary McWhatsername for relief from abuse by priests and the hand of god had defrocked them and sent them scurrying for cover … that would have been a miracle, but for some reason, it either never occurred to anyone that they were being abused or god’s saint wasn’t listening.

  3. I’m no catholic, but from what I recall of reading about Mcwhatsername tells me she was principally a pastoral worker, who had to battle the Hierarchy interminably to see her social aid projects though.

  4. What is interesting is that Benedict might canonise her, given that he hails from the middle ages and in the middle ages they decided that women don’t have souls. This would make it difficult for her to have had an afterlife, and thus to confer miracles, and thus to become a saint. But, then, God moves in mysterious ways… Just ask a wretched altar boy….

  5. For various reasons (peak oil, economic development, climate change) we want to increase investment in ways to make more efficient use of energy and develop alternative sources of energy.

    We can increase investment by making our enterprise more profitable. This can be done by increasing the price of the product or reducing the cost of the product.

    The main cost of the output of an energy producing factory is the capital cost so if we reduced the financial cost of capital of energy producing factories we would get cheaper energy. Financial costs are repayments, interest, profits and taxes.

    We can reduce repayments by extending repayments over the life of the factory. We can reduce interest with zero interest loans.

    If we do this almost all forms of existing renewable energy production is profitable. Each year renewable energy will become more profitable as the price of the alternative – fossil fuel – increases and with the reduction in capital cost of renewables. History shows us that doubling the capacity of almost any technology results in a reduction of at least 15 to 20% in the capital cost per unit of output.

    The good thing about this approach to increasing investment in energy production is that it can start tomorrow, requires no injections of savings capital, will reduce the cost of energy, needs no international agreements – and we can be confident it will work.

    http://cscoxk.wordpress.com/2009/12/18/financing-renewable-energy-with-zero-interest-loans-2/ outlines the idea and shows a way to implement zero interest loans that fits within the existing banking and financial system.

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