" It's also worth noting that every Australian coal-fired power...

  1. 27,027 Posts.
    lightbulb Created with Sketch. 80
    " It's also worth noting that every Australian coal-fired power plant was built with taxpayer money. As were the electricity distribution systems. And while many since have been sold to private interests, the sales processes have thrown up some interesting numbers.
    When the NSW government sold its electricity generation assets for $1.5 billion, the deal was hailed a breakthrough. But the Tamberlin Inquiry in 2011 discovered about $4 billion worth of taxpayer subsidies to the generators in the form of cheap long-term coal contracts.
    Coal-fired generators also use huge amounts of water, much of which — unlike farmers — is gifted to them. Then, of course, there are the would-be new coal miners up in the Carmichael Basin — most notably the Adani family — with their hands out for about $1 billion in taxpayer-funded infrastructure. "

    http://www.abc.net.au/news/2017-02-13/ian-verrender-the-simple-truth-on-renewable-energy/8264296

    Wakey wakey.

    Raider
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.