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Tarvold

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05/01/20

12:09

Post #: 42231171
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Originally posted by madamswer: ↑

A very interesting article on the UK' move from Coal powered electricity generation.
https://www.ft.com/content/a05d1dd4-dddd-11e9-9743-db5a370481bc
How the UK ended it's coal addiction.

The start of the end for UK coal commenced in the 1980's, when the Thatcher administration moved to shut down uneconomic mines that were unprofitable and needed to be subsidised by the state.

The difference between the UK coal industry and Australia's is that the UK industry was always very marginal from a profitability point of view.

So there was really nothing magnanimous or visionary on the part of UK leaders to shut down the coal industry for the sake of the environment (for sure, Baroness Thatcher didn't care too hoots for the environment); rather it's demise was the outworking of poor and deteriorating economics.

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Exactly Australia needs to do the same & stop subsidising thermal/brown coal minng & coal fired power generation.

The point I was making from posting the article was that it is possible to move away from Coal fired power generation without the 'doom & gloom' scenario of mass unemployment & blackouts.
Lack of will in Australia.
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