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There were no subsidies for the first coal-fired power stations, they didn't need it, they were superior technologies, and the builders "made coin". When the Hydro scheme at Niagara was built (Tesla) a fortune was made. When Diesel built the first Diesel, a fortune was made.
As "alternative" energies are being rolled out a fortune is being made, a fortune in Government Subsidy payments.
Why can't we hasten with caution and wait until "alternative" energy production can stand on its own 2 feet? The wait won't be long, batteries (storage) are getting close, but they are still some time off being economically feasible. Wind Power, Ocean Power, all the other more marginal approaches are still a long way off. Pumped Hydro is economic because at it trades off cheap Hydro & Coal & price fast price/demand movements, Pumped Hydro is dependant upon older maligned technologies.
In the meantime... who else but my family will offer my Inlaws the money they will need to pay their next power bill? A bill that's already bloated with "feel good" warm and fuzzies subsidies for the affluent.
I understand the point your making, however, we have blown 50billion on the NBN that does not work. What makes anyone believe a Gov will do any better with Alternate Power? What's alternate power going to cost 500Billion, 750Billion?
Last edited by Visionary; 02-11-2017 at 09:32 PM.
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