3. The current generation of new pensioners is the last one which will benefit from widespread defined benefit schemes. The next ones won't and this will increase dependency on the state.
"In the Maritimes, politics is a disease, in Quebec a religion, in Ontario a business, on the Prairies a protest and in British Columbia entertainment."
"In the Maritimes, politics is a disease, in Quebec a religion, in Ontario a business, on the Prairies a protest and in British Columbia entertainment."
Anyway, give it a read. He wrote it better and with reporting.
Anyway, give it a read. He wrote it better and with reporting.
elcomercio-elcomercio-prod.web.arc-cdn.net/resizer/v2/M...
elcomercio-elcomercio-prod.web.arc-cdn.net/resizer/v2/M...
Important to realize also that, once constructed, solar infrastructure just keeps working*, for decades, with very little additional cost. There's no need for a constant stream of inputs like fossil fuels.
"In 2024, the total installed electricity capacity of the planet—every coal, gas, hydro, and nuclear plant and all of the renewables—was about 10 terawatts. The Chinese solar supply chain can now pump out 1 terawatt of panels every year."
Important to realize also that, once constructed, solar infrastructure just keeps working*, for decades, with very little additional cost. There's no need for a constant stream of inputs like fossil fuels.
*well, okay, computer modelling
Sketches by Don Bluth, color by unknown artists