Wholesale power prices higher more expensive because of coal, page-115

  1. 22,698 Posts.
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    IMO, the pro-coal lobby promotes coal by the number
    of jobs it supplies while the coal industry is working
    like beavers to reduce the number of coal mining
    jobs through automation (less people employed-more capital emplyed)

    Since we live in a Capitalist world, we should be conserving
    our own capital by seeking the most economic solution; not what
    provides jobs for others.

    The general savings to Government can then go to the General Good
    At present 90% of coal mining profits go overseas and as such
    we should be promoting renewables (provided they stack up economically)
    to retain optimum capital in Aus so that we dont have to borrow overseas
    like at present.

    For this reason it is imperative that our electricity Grid & battery
    storage systems are publicly owned for the General Good.

    If Capitalists own our coal mines, then we should treat them
    as capitalists; not altruistic suppliers of jobs.


    Last edited by moorookamick: 02/05/22
 
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