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Financially it is, at least in the short term. Australia has a lot of coal (no need to import raw material). Australia has coal mining companies (no need to i
by static_noise 11y ago
Financially it is, at least in the short term.
Australia has a lot of coal (no need to import raw material).
Australia has coal mining companies (no need to import technology).
CO2 is only a global problem, the coal which Australia burns won't make a big dent in the effects and the cost is shared globally.
So, financially it totally makes sense to use up the local resources first. At least in the short term until these resources get scarce.
In the long term, saving resources may be the wiser option. E.g. have coal plants on standby most of the time while solar and wind supply the grid. Then you can export some of the coal or save it for future generations.
- kyberias 11y agoI think you've been down-voted due to disagreement. Here's an up-vote.
- ams6110 11y agoCoal plants don't really do "standby" well though. They are much better at providing constant output. Gas turbine plants are better at handling rapid changes in supply and demand. Possibly pulverized coal could be used in a turbine but I don't know how well that works.