The Forum > Article Comments > Price carbon or face a bleak future > Comments
Price carbon or face a bleak future : Comments
By Mike Pope, published 26/5/2011Pricing carbon will lead to substitution not destitution.
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He goes on to display his lack of understanding of the article which is that the point of raising electricity prices is to attract new investment in the electricity generating business who emit less CO2, pay less or no carbon tax and can therefore not only compete with fossil fuelled generators but eventually replace them – in other words put them out of business unless they reduce their emissions.
Martin N makes a perfectly valid point in noting that going “Nuclear” offers a tried and reliable alternative to renewable energy and it should have got a mention. My own view is that until we can safely store nuclear waste they are probably not a politically acceptable option. If they were, why did successive Howard Governments not give approval to a single nuclear power station?
As for geothermal being decades away and having problematic technology, well my information is that a demonstration plant will be operating next year and that a 25Mw power station is less than 5 years away from being a reality. But, proof of the pudding is in the eating.