RBA Governor on AGW, page-25

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13/03/19

13:51

Post #: 37747145
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Originally posted by Bennybop: ↑

"But my concern is that we could spend trillions of dollars on reducing CO2 and then find that it was "futile"

Quick question:
How many trillions have been spent on coal mining, power plants, maintenance, purchasing ore ect over the last 100 years?
Then count how many lives have been lost, directly and indirectly?
Just a few stats:
4746 immediate deaths in 2006 in China alone Chinese coal miners, as of 2004, were suffering from Coalworker's pneumoconiosis (known as "black lung") a disease of the lungs caused by long-continued inhalation of coal dust. And the figure increases by 70,000 miners every year in China.
Historically, coal mining has been a very dangerous activity and the list of historical coal mining disasters is a long one. In the US alone, more than 100,000 coal miners were killed in accidents over the past century,[1] with more than 3,200 dying in 1907 alone.[2] In the decades following this peak, an annual death toll of 1,500 miner fatalities occurred every year in the US until approximately the 1970s.
Sure they may have reduced deaths in the USA to about 10 a year these days but no else where in the world and not the past.

And the money thing?
Coal is cheap if your using existing plants. however building a new plant even today producers power at a more expencive rate than wind, solar and hydro (including their capex/opex and life time costs)

Coal has one major benifit, reliable base load, and thats it.
Storage and other innovations in coming years will help wind and solar in this regard in coming years, hydro already has it.
OPEX of renewables will always be by nature much cheaper than coal.

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So?? What is the point of such a long useless post?
We may have abundant, cheap, clean power one day from some source not even thought of atm!
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