Electricity prices in Hong Kong going DOWN! How’s that! Where else is that happening?
Bringing our electricity charges to around $US 0.12 per kWh, just one-third of Australia, where price trends are sharply UP, as it moves relentlessly to subsidy-needing wind and solar.
We have ONE-THIRD the carbon emission per capita of Australia, because of a policy of nuclear and natural gas.
Australian Greens are infected with the “perfection is the enemy of action” gene. They are so focussed on renewables that any fossil fuel, ANY, is not OK, not even natural gas; which has been a great interim solution, not just here but in the United States as well, But Greens don’t like interim solutions. Only “perfect” solutions like wind and solar.
And the reasons the costs are going up is that we’ve been conned into believing renewables are cheap. They are not, when you take account of intermittency and the need for a whole new transmission system. Not to mention that in Australia, as in other places, people are getting fed up with the land needed for the solar and wind arms and the transmission lines taking up valuable farm land. Wind and solar take up 300 to 600 times as much land as nuclear. Land is not unlimited not even in Australia where its “abundance” is one of the arguments against nuclear.
But no, for them it’s “nuclear takes too long” (it doesn’t) and “nuclear is too expensive” (it’s not). Though it guess its movement of some sort that they don’t talk of their previous bugbears, waste and safety.
