The Forum > Article Comments > Warped policy priorities and renewable energy > Comments
Warped policy priorities and renewable energy : Comments
By Erika Salmon, published 14/10/2016Government interventions within the energy market to subsidise wind and solar have often caused more problems than they solved.
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http://www.economicshelp.org/blog/1919/oil/effect-of-higher-oil-prices/
When the carbon tax came in a plethora of energy dependent companies closed up shop incl the Aluminium smelters, a blast furnace at Blue scope etc etc, and 75% of car manufacturing jobs were lost.
Not only the large industries will have a huge cost increase, but every single one of the 400 000 odd small businesses.
Secondly a few technical errors:
Nuclear fuel is not a fossil fuel.
Coal fired plants normally last 40-60yrs and nuclear plant longer still, not 20-30yrs.
Coal and Nuclear plants can be phased out when there is a cost effective method of storing energy, or voters are willing to give up their free time and disposable income.
Increasing energy costs will push more people into poverty not less.