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One of the side-interesting things about this article, is how Australia: - massive net energy exporter - ridiculous gas and coal infra + reserves - ridiculou
by aplummer 5y ago
One of the side-interesting things about this article, is how Australia:
- massive net energy exporter
- ridiculous gas and coal infra + reserves
- ridiculous renewable potential
- Comparatively very little national debt and low borowing costs
... has prohibitively expensive energy prices.
- johnzim 5y agoTo be fair, the reserves are largely a national security requirement given the risk of potential Chinese aggression (trade or otherwise). Given its remoteness, Australia is quite vulnerable to blockade. While the country is of immense size, global shipping lanes are consolidated and pretty easy to block.