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. |
"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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