Chapter 7. Consider the Longer-term Picture

Consider the Longer-term Picture

There is often tension between the short-term tactical and the longer-term strategic perspectives.

I once worked in a country area that hosted several open-cut coal mines. They used the coal to generate electricity, so the coal companies held the view that they might as well use their own power (at cost-price) to drive their coal-face dredges. That seems pretty sensible, when compared to buying another type of fuel and transporting it huge distances.

There was one problem, though. They drew the power for their equipment from the same grid used to supply the general population. When big machinery started ...

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