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by cam_l 1 hour ago
The issue in oz, is that energy investment by power companies is locked in with decades long contracts - raising power prices for everyone. But investment by individuals is subject to bait and switch.

Most people bought in with the expectation of a 12-15yr break-even, but the dropping feed in prices, and increase in grid costs have meant that break-even will probably never materialise.

Meanwhile, we keep paying excess costs for power companies to produce dirty power, and subsidise mining companies to sell off our gas and coal overseas, without even getting a benefit through taxes or royalties (or barely any).

Makes sense people are kind of pissed off about this (even if their reasoning is batshit-skynews-crazy).

1 comments

EV, Battery, Solar, Heat pump, Amber. Maybe be give it a tech abbreviation like HBASE? :)

Ok this may squarely be in the upper middle class and up for now but prices will come down and change everything. Almost to the point of off grid being feasible for suburban and rural areas at least.

Then build solar and wind farms and batteries and hydrogen production/consumption for base load.

Edit: changed to inc. solar

Why?

Why should Australians continue to tolerate a government that gives half our gas exports away, and exports at least as much coal as it uses.

But not build any modern tech coal and gas for cheap reliable base load and load following power? And nuclear too, we export all the uranium we mine, and at least some of that to nuclear armed states. Yet prohibit both on our own soil.

Why must we continue to be told we should, ever increasingly, rely on a) energy technologies that have proven to be more expensive and unreliable, and b) unproven technologies with unproven costs.

Fortunately there are other political options on the table.

Queue the continued downvotes for a reasonable comment that offers an option contrary to the received wisdom.

I am up for nuclear actually. And some gas as backup but not base. I just thing that global warming is a threat and every country needs to combat it.