AGL Australia - CEO - proficient Wank Speak.

An extract....

http://www.greentechlead.com/news/agl-to-stop-expansion-close-coal-fired-power-stations-by-2050-23156


Wank Speak

1. Australian power retailer AGL Energy has stated it is stopping expansion of its coal-fired assets.

2. Also, the company has proposed to close all its existing coal-power stations by 2050.

3. Andy Vesey, the CEO of AGL, has stated that the company’s move out of coal-fired power would be “an ongoing, progressive process managing the efficient operations of assets, and the transition of people into new generation technologies and careers”.

4. “It is important that government policy incentivises investment in lower-emitting technology while at the same time ensuring that older, less efficient and reliable power stations are removed from Australia’s energy mix,” Vesey has stated.

5. AGL owns the biggest share of coal-fired power stations in Australia. It attained the top slot last year after acquiring two plants from the state of New South Wales for $1.17 billion.

6. But the company later went on to announce a policy shift and adopted its “greenhouse gas policy”.




Disciphering Wank Speak.




1. Australian power retailer AGL Energy has stated it is stopping buying more shit that burns coal because the population of Australia and all their shareholders wants to lynch them for being greedy, lazy, unimaginative dumb fucks.  Dumb Fuck rhymes with mass extinction in progress.

2. Also, the company has proposed to close all its existing coal-power stations by 2050 - which is pretty fucking slow going as far as it can be realistically determined by anyone's measure. It could also be rephrased that "We will let all the equipment wear out and break down - then declare them uneconomical to fix, so there fore we must go to renewable... This and tax payer funded rorts and electricity pricing scams run their course - are incentivisers.

What could have been started on 10 years ago, and have been fully implemented by now, is only being pissed away by incremental change, over the next 40 years...

In short the guy is a money grubbing bullshit speak.


3. Andy Vesey, the CEO of AGL, has stated that the company’s move out of coal-fired power would be “an ongoing, progressive process managing the efficient operations of assets, and the transition of people into new generation technologies and careers”.

This means that they want to screw every dollar they can from their coal burners, and wrought the system to screw everything they can from the government (tax payers) and the customers who are dumb enough to have accounts with them.... at like 50c a KWH etc...

4. “It is important that government policy incentivises investment in lower-emitting technology while at the same time ensuring that older, less efficient and reliable power stations are removed from Australia’s energy mix,” Vesey has stated.

Reinterpreted, he means we will say our hands are tied, and my mate Tony Abbott will make the tax payers cough up the cash to keep me in the job until I retire with $50 million in bonuses and shares, and the tax payers will have to stump up the cash for new renewable power generators, so we can continue to scam the customers at $1 a KWH....

5. AGL owns the biggest share of coal-fired power stations in Australia. It attained the top slot last year after acquiring two plants from the state of New South Wales for $1.17 billion - because they are greedy, stupid and short sighted.

The corporate dick brains reign.

6. But the company later went on to announce a policy shift and adopted its “greenhouse gas policy” - purely out of fear as a PR stunt, in relation to the tsunami of back lash against their coal burning greed, stupidity and incompetence....