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Gas prices force switch to coal for power stations | The Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014 10:12:01 AM]
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Stanwell chief Richard Van Breda outside the Swanbank E power station west of Brisbane. 'Thesepolicies appear to have been implemented for ideological reasons'. Picture: Lyndon Mechielsen Source:News Limited
QUEENSLAND'S largest power generator will today declare that Australia isone of the world's most expensive countries for energy and warn that theelectricity market is being distorted by the carbon tax, mandatory renewablestarget and solar-rooftop subsidies.
After Stanwell took the extraordinary step yesterday of announcing it wouldmothball its biggest gas-fired power station and resurrect a coal facility built in the1980s - sparking predictions that gas-fired power plants would be withdrawn inother states - it will today call for a scaling back of the renewable energy target.
Before the introduction of the carbon tax, the RET scheme and solar feed-in tariffs,the abundance of coal had made Australia a source of low-cost electricity, thecompany will say.
"These policies appear to have been implemented for ideological reasons with little
Gas prices force switch to coal for powerstationsANNABEL HEPWORTH THE AUSTRALIAN FEBRUARY 06, 2014 12:00AM| |
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Gas prices force switch to coal for power stations | The Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014 10:12:01 AM]
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analysis of the impact on electricity prices and economic growth," Stanwell chiefexecutive officer Richard Van Breda will say.
Stanwell will issue its warnings as part of its submission to the federal government'senergy white paper, being developed by Industry Minister Ian Macfarlane.
The submission will caution that a raft of energy policies is eroding Australia'scompetitiveness in manufacturing, which is a sensitive issue for the governmentamid internal tensions over taxpayer handouts to businesses, including SPCArdmona.
Yesterday, Stanwell revealed it would withdraw its Swanbank E power station, nearIpswich west of Brisbane, from service for up to three years from October so itcould sell the gas rather than use it in electricity generation.
Mr Van Breda said with "subdued" conditions on the wholesale market andincreasing gas prices set to continue, Stanwell could make more money selling thegas.
A unit at the Tarong coal power station - in cold storage since late 2012 - will bereturned to service later this year.
In some parts of the world, cheap coal has pushed out gas, which is considered"cleaner".
Germany is shifting back to more coal-fired electricity generation, reopening someof its dirtiest brown-coalmines that have been closed since reunification, despitehaving spearheaded Europe's push into renewable energy. China has plans to addanother 860 million tonnes of coal production by 2015.
Labor said the development at Stanwell did not cast doubt on its climate changepolicies, which had prompted Wayne Swan to declare in 2011 that gas-firedelectricity was projected to increase by between 150 per cent and 300 per cent overthe period to 2050.
"This example of one company returning to coal-sourced energy says more aboutthe Coalition's Direct Action policy than Labor's climate change policy," said
a spokeswoman for Labor's climate change spokesman, Mark Butler.
"Stanwell Corporation may very well be anticipating a transition to the DirectAction policy, where they will be free to pollute as much as they like, without fearof penalty."
Environment Minister Greg Hunt hit back, saying Labor would use anything tojustify higher electricity prices and Stanwell had made a commercial decision basedon infrastructure refits that began some time ago.
"Clearly there is a shortage of low-priced gas, which has been made worse by thecarbon tax," Mr Hunt said.
"The test for Labor in the coming weeks is whether they will block repeal of thecarbon tax and continue to increase the pressure on family electricity bills, orwhether they will listen to the Australian people and how they voted at the lastelection."
Origin Energy managing director Grant King has previously said it would take acarbon price of $40-$60 to create "fuel switching" -- to make it more economical tobuild a gas-fired power station than a coal-fired plant for baseload generation.
extend Australia's "lost decade",ANZ chief Mike Smith haswarned.
Dollar's dive may not be over yetJAMES GLYNN
A SHARP sell-off in theAustralian dollar may not beover, according to a key memberof the RBA policymaking team.
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Gas prices force switch to coal for power stations | The Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014 10:12:01 AM]
National Generators Forum executive director Tim Reardon said that "as the gasprices increase trickles down into other states, we would expect to see other gasplant withdrawn".
"The carbon price would need to be much closer to $100 a tonne before it changesthe economics of electricity generation," he said.
Mr Van Breda said it would be more lucrative for the state-owned Stanwell to sellits gas, given the high prices on the east coast, which are driven by the boom inliquefied natural gas projects.
He briefed affected staff yesterday at the 385-megawatt Swanbank E power stationon a voluntary redundancy program.
Mr Van Breda insisted he would be making the decision regardless of the carbontax. "We see gas prices increasing and it makes more sense for us to sell our gasrather than burn it," he said.
He predicted that others could also sell gas instead of using it in their ownoperations. "People are going to sell their gas if there is a better price for it," hesaid.
Mr Van Breda said he was concerned about the oversupplied nature of the energymarket.
Demand for electricity had fallen due to a slew of factors, including the decline inmanufacturing and falling demand from households stung by higher power bills.
The Australian has learned that analysis by the National Generators Forum findsthat if electricity consumption continues to decline at the same rate as it has overthe past four years, the electricity sector could achieve a 5 per cent reduction on2000 emissions levels as early as 2017-18 without government intervention throughthe RET or Direct Action Plan.
Pointing to yesterday's new figures on greenhouse gas emissions that showed a 5.5per cent decline in emissions from power generation, Mr Reardon said it wasimportant that Direct Action removed taxes on electricity and led to a revival ofindustrial activity.
The electricity industry has cited chronic oversupply in the market as part of itspush for reform of the RET, which mandates that 20 per cent of electricity willcome from renewable sources by 2020.
The government will renew the RET this year, with Tony Abbott's comments inDecember that it was causing "pretty significant price pressures" being seen asopening the way for the RET to be wound back in the review.
Stanwell's energy white paper submission will raise concerns that the surge inrooftop solar panels has increased the capacity of the market, making cheaper coal-fired power stations run less efficiently. It says solar feed-in tariffs (stategovernment schemes) have resulted in high ongoing costs for networkinfrastructure.
Stanwell wants the RET scaled back to a "true" 20 per cent of electricityconsumption.
It is set for a fixed 45,000 gigawatt hours by 2020, including a mandated41,000GWh for large-scale generators such as wind farms. But falling energydemand means that the 20 per cent target will be overshot.
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Gas prices force switch to coal for power stations | The Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014 10:12:01 AM]
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Sign in 244 people listening
Onya Stanwell. Good to hear some news. Sometimes wish I was still there.
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In a small regional town in the Canadian Rockies, were paying one-tenth the powersupply charge and a sixth of the unit supply charge that we pay to the Green/Labor stategovernment power monopoly in Tasmania. Reasons why electricity should be cheaper inTasmania include the greater infrastructure efficiency of a 240 volt supply vs.110 volt, theabsence of snow and ice storms plus a more concentrated population.
Given all that, in Canada, they use natural gas for central heating and hot water becauseits even cheaper than electricity. I think Tony Abbotts got a real mess to clean up inAustralia before the countrys industries and standard of living are in any waycompetitive.
1 LIKE REPLY
The US Energy Information Agency has a very good webpage that shows what theaverage retail price is for Natural Gas, Propane, Electricity etc. Well how many peoplewho are reading this comment would know that the average American household is onlypaying 1.05cent/MJ for natural gas yet we are paying well over double that here inAustralia (e.g. my supplier is AGL and they are slugging me 2.5cents/MJ.
I have actually raised the issue about Australians being price gouged on energy bycomparison to other countries. You can see the video question on the Q&A website ...look for the heading 'Australian's Being Price Gouged' which I uploaded on the11NOV2013.
Why are we paying substantially higher prices for energy which comes from energyresources that we by our natural birth own?
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Gas prices force switch to coal for power stations | The Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014 10:12:01 AM]
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Bruce
Terrence
Alex
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So if there are large amounts of solar generation out there how does this add to the cost ofpower ,when the power company does not need to turn on his generators as much?
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Peter
Charles J
Peter
Bruce, you need to learn more about power generation and transmission. Whenthe sun doesn't shine, or the wind doesn't blow for wind generators, the mainpower system has to make up for the shortfall. This causes major problems inmany ways - all expensive and uneconomical. This issue will not be resolveduntil cost-effective battery systems are installed for such 'sustainable' powersystems. Such technologies are being developed, but are not available yet.
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@Bruce The generators need to be running all the time. They cannot be stoppedand started on a whim or flick of a switch. This has caused the great furphy thatsolar and wind is the answer. If the wind stops it takes quite a while (hours) toget the generators to full capacity unless they are already running. The people ofAustralia were conned by the ALP/Green garbage about cheap renewableenergy. They were leading us backwards and power costs have sky rocketed as aresult.
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Bruce, another factor is that the power generators have to pay for the cost ofbuilding and maintaining power lines, while not getting any revenue from thesolar panels on peoples roofs. (pardon the capitals, for some reason the site willnot accept lower case)
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There is absolutely no real life data that shows mandated renewable energy targets havereduced GHG emissions one jot. In fact the converse is true because 'renewable' has cometo mean wind and solar -- two intermittent sources of energy that are useless in the contextof a modern society and electrical grid system. The RET must be dumped and let themarket sort it out.
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I love The Australian but you sometimes need to swallow the bitter ABC pill and reporton all the information.
The carbon tax accounts for 9% of power bills, RET a further 8% yet power has nearlydoubled (100%) in just 5 years. Please report on how state owned power utilities haveover-capitalized and how privatization would contribute to greater efficiencies and lowercost. I'd also appreciate reporting on the impact of northern hemisphere winter on naturalgas and LPG pricing. Please also report on the contribution roof top solar has to peakload.
Sounds very protectionist by condemning renewables when systems without rebates cannow break even in just 3 years, power companies will have to learn to live with them, orprofit from them - there ARE companies that do. As a supporter of nuclear I fear thepower of coal would prevent it from becoming a reality.
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53 MINUTES AGOLogical
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Gas prices force switch to coal for power stations | The Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014 10:12:01 AM]
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Peter
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46 MINUTES AGORon
@Alex We need all forms of power production where they are best suited, notjust a select few. This includes coal, oil, nuclear, gas, etc. But the insistence bythe `Alternatives' lobby is more a scam focused on the hunt for tax-payersubsidies. It's has been proven alternatives by themselves can't do the job, andthe cost of trying to is ruinous. Nuclear is central to our need for base loadpower. but don't just focus on any one form of power production.
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@Alex Equally there has been a lot of talk on the Green side about "goldplating" and how this is bad. That is about all ABC could talk about. And theALP for that matter. When it is boiled down though "gold plating" is primarilythe desire of the producers to ensure adequate load for ALL periods includingthose occasional extreme peak times (less that 15days a year). It also allows forfuture capacity - shock of shock planning for future needs!!! By claiming that"gold plating" is bad and an overspend then that side of the argument is, bydefinition, advocating brown outs and black outs to consumers. With suchsituations increasing as the population grows. Let's not also discount thehyprocrisy that those who suffer will no doubt be in Gordon and Slater's nextclass action against the producers for failing to provide an adequate service.
So where was that information reported in the Green and ABC media?
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7 MINUTES AGOCharles J @Ron @Alex With the ABCs record on truthful reporting I would bevery wary of anything they say
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It is increasingly obvious: every intervention by government in the power industrymakes it worse for most consumers. The only people who gain are those who benefitfrom subsidies of one sort or another which distort what should be a free market. Theclear message to governments: go away, get out, stick to the knitting and cancel all yourdaft, ideological and ruinous energy-related schemes. The last good thing government fordid energy was the Snowy Mountain scheme, and that was a long time ago.
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This is the first sign that the Australian economic climate is changing. It has taken achange in government in Queensland and Federally to finally see rational commercialdecisions being taken by business. Businesses are no longer terrified of being pilloried byGillard/Rudd or Christine Milne or Bob Brown or even Greg Combet. They just don'tmatter any longer. The political climate has changed and the catastrophists no longercontrol the agenda. It is a refreshing change and one which will undoubtedly lead to abetter more efficient economy.
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blind freddie could see this outcome ,it was all to do with this carbon tax which was athought bubble from the lunatic tree hugging greens, sarah-hanson-young explained thegreens intelligence when she conducted that CIRCUS the senate inquiry into sovereignborders , actually it was better then benny hill"
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A totally unnecessary carbon tax that achieved zip plus an economy based on outrageouscosts and poor productivity is totally consistent with energy that is too expensive. We
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Gas prices force switch to coal for power stations | The Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014 10:12:01 AM]
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Allan
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Joshua
need some serious structural reform and not only at the industrial relations end of thespectrum. There is no real competition in the fees of many professionals and we allowrapacious landlords to undermine much of small business.
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I believe the rising gas prices have nothing to do with renewable energy, carbon tax andsolar roof top assemblies. It is to do with the fact that gas prices are rising as a result ofworld wide demand and Australian governments not prepared to reserve enough quantitiesfor the Australian domestic, farm, industrial and commercial demands. Let the market anddemand dictate prices, no matter which customers have to suffer. The same thing ishappening in the petrol industry.
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It is now obvious to all, except those alarmists who worship at the altar of theAnthropogenic Global Warming , that CO2 emissions have little effect on globaltemperatures or climate. 17 years of no discernible temperature increases and about 10years of slight cooling whilst CO2 emissions rise 8% puts the hypothesis well and truly inthe grave. Policies developed to "combat dangerous man made climate change" werebased on dubious science in the first place and with real world data showing that scienceto be completely false those policies must be revisited. The increase in electricity priceshas destroyed manufacturing in this country and reduced the standard of livingparticularly among the poorer citizens. The RET should be dumped as should any feed intariffs. Subsidies distort the market and cause untold uncertainty.
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This is the truth. I am a farmer running centre pivots and pumping water with electricityand the cost has gone up 40 percent in the last 3 years. It is just not worth irrigating now. These solar panels are to blame as well. I have no problem if people want to install thembut they should not be subsidized by the taxpayer or industry.
Ewen
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1 HOUR AGOTim @Ewen The main cause of the increase in electricity prices is the rising cost ofthe network. Network costs have increased as the rate of return on assets hasincreased, building new infrastructure and upgrading old infrastructure. SolarPanels have placed additional pressure on networks, but they appear to be arelatively minor contributor to cost.
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Firstly, it is not a bad thing for anyone other than electricity generators that people areusing energy more efficiently. That 5.5% reduction in greenhouse gas emissions isn't justa win for environmentalists, it's also a win for all those now paying less on their electricitybills due to lower consumption.
Secondly, this is exactly what a carbon tax is designed to do - change people's incentivesso that everyone finds ways of reducing their own emissions (in this case by consumingelectricity more efficiently). Which is a far better approach than doing it by governmentfiat under a top-down 'direct action' policy.
And action on climate change isn't some ideological crusade, it's sensibly putting a stop toa massive and incredibly risky experiment with the planet's atmosphere. There is a lot ofscientific evidence out there, and only a tiny minority of peer reviewed literature contestsor attempts to refute the thesis that global warming is happening, it is man made and itposes a serious threat to our future.
Finally, who does he think he's kidding about energy prices? The mere fact they can getmore money by selling the gas on an international market than it cost them to obtain it
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Gas prices force switch to coal for power stations | The Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014 10:12:01 AM]
indicates that energy prices are at the very least somewhat higher abroad.
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Keclonis
Edward
luke
@Joshua Exactly which country do you live in? I have done the "efficiencything" in my house. Everything from better more efficient lighting to top rateappliances and smart switches. FUNNY how my bills have only stood still orinching upwards.
Perhaps a Carbon Tax in its pure definition may work. But we got was acoercive redistribution of wealth with zero return. Unless you count the 10%bow wave of costs caused by this tax through the economy?
A lot of emission reduction is or has occurred in part because your Carbon Taxhas helped knee cap manufacturing in this country.
So now its Climate Change. Ok lets say it's happening. The Eco-Nazis arekilling their cause with their fanatical catch cries and alarm ism. Every rationalperson wants a reduction in pollution but we are turned off by the ECO-Zombiesand the socialists whom have infiltrated your movement.
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@JoshuaYour comments presuppose that CO2 is a problem. Unlike most of theideologues, do you actually know the minuscule percentage of CO2 in theearths atmosphere? Also, its easy to say that a 5.5% drop in emissions mightbe a good thing but have you ever personally spent days and nights in the coldbecause you cant afford electricity? Have you faced the heartache of losing yourjob because your factorys closed down? Finally, can you cite anyone whosepower bill has actually gone down apart from solar panel users who are beingcross-subsidized by the rest of us?
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@Joshua The elderly who turn off their aircon during heat waves are usingenergy more efficiently, by not using it at all. A more fitting term for "lowerconsumption" of energy would be "Unable to afford". Environmentalists mightbe happy that old Ma and Pa are going without the basics of Aircon, buthumanists do not, as we tend to put people first.
Secondly, An artificial price placed on the production of energy, or "CarbonTax", imposed by government is "Government Fiat under a top-down 'directaction' policy". It is government policy to directly affect the price of producingenergy and through pricing (rising the cost), directly affects the ability of mainlythe poor to afford basic 21st century consumption levels; as in turning on thelights when they want to and not if they can afford to.
Thirdly, since you assume that 21st century consumption levels are unsustainableand it is sensible to put a stop to this "Risky Experiment", I will make theassumption that you are using your friends computer to write your response, youdo not own a car, do not travel (especially overseas) and plan on having nochildren. After all, it is sensible to put a "stop to a massive and incredibly riskyexperiment with the planet's atmosphere". So why should you put your lifebefore the Planet's?
Fourthly, 17 years of no increased warming, while world carbon dioxideemissions are continuing to rise at an increasing level does not support thecurrent thesis; that man's emissions are the primary source of the warming. Noone doubts that man has an affect, but as to its degree or whether it will becomedangerous, that is what is currently being debated. The current evidence of 17years of no increase in warming is more than enough to caste doubt on themajority of scientific "peer reviewed" literature. As Einstein stated "No amountof experimentation can ever prove me right; a single experiment can prove mewrong".
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Gas prices force switch to coal for power stations | The Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014 10:12:01 AM]
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Michael
Tony
graham
Bruce
JUST NOWCharles J
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1 HOUR AGOGreg @luke @Joshua Damn right, Luke. I didn't see labor and the greenswandering around parliament house rugged up in parkas and ugg bootduring winter because they had turned the heaters off to reduce theircarbon emissions
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@Joshua Just what planet are you on???? I have done everything I can toreduce my power consumption and I still pay more and the cost per unit ishigher. Your comment is stupid, insulting and very, very wrong.
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At last the debate the country needs. Maybe the pollies will try to head it off with anotherserve of Gay Marriage.
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2 HOURS AGODave Wane @Michael Well said, Michael!
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The driver of this decision is the high price of gas. That price is dictated by the EXPORTprice. It has been said many times that by allowing gas producers to export all theirproduction the domestic market price will be hugely inflated. Maybe this is the first reallife example of those predictions. We can learn a lesson from the USA here. They prohibited the export of cheap shale gas and the result was a very significant drop indomestic energy prices, no more dependence on middle-east oil and a very real boost forthe domestic economy. Government should legislate for a portion of our gasproduction to be reserved for domestic use - at a mandated price. A bit like agovernment subsidy in reverse !
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2 HOURS AGODave Wane @Tony The market should be entirely free and open, allowing electricityproducers to decide the fuel of their choice. Competition is what is needed, notmore government intervention.
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Stanwell has a CEO making sensible decisions.
Thanks Richard for having the gumption to put actions in place to save many of theremaining industrial enterprises in Australia..
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All because Labor, the Greens and the Enviroes believe that CO2 causes climate change.Man's stupidity is exceeded only by God's mercy, and that is infinite.
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Gas prices force switch to coal for power stations | The Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014 10:12:01 AM]
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Alan
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Logical
Patrick
@Bruce That's Professor Ian Plimer's quote in the last line of his book, `Heavenand Earth'.
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@Bruce Superstition won't generate energy just hot air. Fossil fuel producesonly have themselves to blame as they again have failed to provide clean andcheap energy with massive poles and wires costs over recent years dwarfingother price increase factors. Too many excuses
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2 HOURS AGOGreg @Patrick @Bruce WE would all be enjoying clean cheap energy now,if it wasn't for all the misinformed environmentalists waging a fearcampaign over nuclear energy
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At last we have a power producer telling it as it is. Richard Van Breda should becongratulated for speaking out. His Words:
"Before the introduction of the carbon tax, the RET scheme and solar feed-in tariffs, theabundance of coal had made Australia a source of low-cost electricity."
The utter madness of driving up the cost of electricity for nothing other than ideological"feel-good" reasons is one of the great economic tragedies of our times.
At a time when the world's economy was shaky and country after country was sinking intoa quagmire of unsustainable debt, along comes Rudd-Gillard-Rudd to do everything inthey could dream up to make our electricity amongst the highest priced in the world.
If only the Abbott Government would seriously bight the bullet and abandon "direct-action" and all the other crazy taxpayer-funded subsidies and schemes devoted to so-called renewable energy, Australia may once again have some of the cheapest electricityin the world.
For those who spend their time bleating about the decline in manufacturing, I suggest abetter course of action would be to lobby all politicians to see some commonsense - andcease all alternative energy programs and work towards encouraging a completely openelectricity market - with power producers choosing the fuel of their choice, obviouslyincluding coal and even nuclear.
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Far too long have gov'of all ilks have seen the power generators as milking cows.As seenby the last power hike by Newman.Its no wonder that people like myself invested in SolarPower.From this story it would appear that the generators expect the general public to payhigh prices for electricity irrespective of affordability.I happen to believe in the concept ofthe damage being done to the environment and support the endeavours to cutemissions.What these identities are asking for is indirect assistance at tax payers expense.
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8 HOURS AGOMaggie Your solar panels are a drag on the environment, if you are serious check outabout manufacture and disposal of all things solar and don't get me started onwind farms.
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2 HOURS AGOPatrick
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Gas prices force switch to coal for power stations | The Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014 10:12:01 AM]
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luke
Keclonis
@Maggie How wrong. Look to China's display during the lastOlympics with so much fossil fuel pollution it's killing people atalarming rates. Wind farms are great.
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1 HOUR AGODamien
@Patrick @Maggie If wind farms are so great why do they needgovernment subsidies? I have a wind turbine and I live in a high windarea. It only produces it's rated output when it is going flat out. As faras "bang for buck" goes it's a dud. I should have put the money intomore solar panels.
Solar panels and wind turbines need base load backup for when there isno or low solar radiation and there is no wind, So at this time fossilfueled power stations are necessary. Can you imagine the size andnumber of battery banks required if you went with out power stations. Ilive off a "remote area power system". It's not cheaper. Firstly the is thecapital expenditure building the system even with govermenentsubsidies. Then there is the maintenance and replacement of thebatteries after about ten years (they don't last forever) at about $18,000in my case. Fuel for back up power generation is not getting cheaper.
It's about time "Warmists" sat down and looked at the scientific andeconomic facts about power generation, emotional argument serves nopurpose. The only real replacement for fossil fuel power generation ishydro and, dare I say it nuclear power. Environmentalists, largelybased on emotive argument, object to this and politicians are toogutless to do the right thing. If we want to maintain our standard ofliving we have to pay penalties, but those penalties must be realistic,based on sound scientific and economic fact.
So all you armchair experts should do some real research about thesubjects you are arguing, because you are making yourselves lookpretty stupid.
3 LIKE REPLY
@Alan "What these identities are asking for is indirect assistance at tax payersexpense". What do you think your Solar Power rebate is?
10 LIKE REPLY
3 HOURS AGOJoy @luke you have nailed him. Solar should be neutral, nobody should bemaking money out of solar. I call them the Solar Bogans, their roofareas are littered with panels with no thought to how their home look, the same occurred with the water tank rebate. Labor Gov's started thisunsustainable rebate and the Lib Gov have tested the waters but areunwilling to remove it in fear of political backlash.
5 LIKE REPLY
@Alan So it must make you all warm and fuzzy to see your fellow Germansocialist brethren install all that wonderful Wind and Solar power? Only to findthat they now are burning brown coal again? BROWN COAL no less. How thissame brethren want to shut down all Nuclear reactors but are now forced toimport French Power, which btw is generated from Nuclear Reactors.
I have no problem with sustainability. I have no problem with reducingpollution. I have no problem in technology finding better cleaner ways toproduce power. I do have a problem with half witted idiotic political solutionscausing unnecessary expense and hardship.
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Gas prices force switch to coal for power stations | The Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014 10:12:01 AM]
9 HOURS AGOhorse2go
4 HOURS AGO
3 HOURS AGO
2 HOURS AGO
Dave Wane
Mark
Greg
21 LIKE REPLY
@Alan I would have no problem with you paying for your solar energy panelsand associated equipment if there was no taxpayer-funded subsidy to assist inyour purchase or any government intervention in the electricity market to allowyou to sell your very expensive electricity(given all the subsidisation, rules andregulations and taxes that comes with it) back to the grid.
8 LIKE REPLY
@AlanAt least you are consistent. Consistently refusing to accept the basiceconomics and realities of life, that is. Government intervention in the marketcreates pain and cost somewhere along the line. For example, use of taxpayerfunds for solar subsidies hurts others because it means those funds are notavailable to be used for other things like education and health. You cannot haveyour cake and eat it too.
Carbon pricing is specifically designed to cause pain to polluters to make themchange their business decisions. If the carbon price is set too low it will notchange decisions and just cause industry lots of pain, which then is passed onthe consumers in the form of higher energy costs, for example. "The carbonprice would need to be much closer to $100 a tonne before it changes theeconomics of electricity generation," he said. Thus a poorly designedideological tax causes everyone pain and does nothing for the environment.
I want pollution to be reduced like every other sensible person, but let's havesensible policies to get there.
3 LIKE REPLY
2 HOURS AGOPatrick @Mark @Alan I assume you would immediately stop all fossil fuelsubsidies?
LIKE REPLY
2 HOURS AGODave Wane @Patrick @Mark @Alan what fossil fuel subsidies? Do you meandiesel fuel rebates? Better still remove all taxes on fuel for all fuelusers.
2 LIKE REPLY
@Alan Since it is the extra dollars that I am compelled to pay for electricity thatis being used to subsidise your solar panels, you should at least have the decencynot to gloat about it
6 LIKE REPLY
Who could possibly be responsible for this appalling state of affairs?
12 LIKE REPLY
9 HOURS AGOluke @horse2go It starts with Labour and ends with Incompetence.
15 LIKE REPLY
3 HOURS AGORick
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Gas prices force switch to coal for power stations | The Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014 10:12:01 AM]
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Gas prices force switch to coal for power stations | The Australian
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Gas prices force switch to coal for power stations | The Australian
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www.theaustralian.com.auGas prices force switch to coal for power stations | The Australian
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