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by lostlogin
1064 days ago
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We do it in New Zealand. The power source is renewable and dirt cheap thanks to the games Rio Tinto play, which have resulted in the population subsidising them. Rio Tinto have a poor record and leave toxic waste in various places. It seems possible that the taxpayer will be tidying up their mess. |
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The subsidies are staggering:
> The total cost of $2.7 billion comes to $274,338 per job per year during 35 years for the 740 jobs in the new plant. If we use the figure of 10.0 cents/kWh, which is the expected cost of new projects under study, the cost per job per year rises to $370,864
And these are 2007 number!!! And no, the smelters aren't paying their employees FAANG wages.
> It is far more profitable to export electricity directly through interconnections than indirectly through aluminum ingots.
https://www.iedm.org/files/avril07_en.pdf