Thursday, November 03, 2011

How much we pay to pollute

OK we know this is Wallerawang and that's steam rising
in the background but steam still requires energy and
this is the most relevant power station shot in my photo library.
I know most people don't get excited about politics but I think you and your families need to know just HOW MUCH our governments subsidise coal-fired power stations, as recent inquiries in NSW have established. You are paying a fortune to subsidise the big polluters, a far cry from the bullshit being spread by climate change deniers. Note this quote:

"In short, this inquiry tells us, the coal-fired power stations in NSW are unable to compete... unless their coal is supplied at around one quarter of the cost of export coal. Given that Cobbora has the potential to supply 30 million tonnes of coal to the state’s coal fired power plants by 2020, as noted by the Australian Energy Market Operator, the lost export revenue potential from the mine could amount to some $2.7 billion a year, at current prices."

That's $2.7 BILLION a year from one publicly owned mine alone. Even the Arab states are investing heavily in solar because they can't afford the price of their own oil... Full story at http://www.climatespectator.com.au/commentary/nsws-great-big-coal-subsidy-scandal

[And read the comments to see how this doesn't even include the power price hikes we are all paying.]

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