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by Scoundreller 1064 days ago
Quebec too. And Quebec is far from landlocked, so an abundance of hydroelectricity has alternative markets.

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

1 comments

That’s a really fixed way of looking at the subsidies. Thanks.