12 September

Those who say coal and oil are cheaper energy always leave out the part about the Australian taxpayer subsidising those industries to the tune of over $11 billion per year. Even with those subsidies they're still way more expensive than renewables are now. I live in a coal mining town. It really needs to be looked after in the transition, which will be brutal, and much faster than it expects. All driven by economics, not Greenies. Fossil fuel assets are stranded assets. Just as you shouldn't buy a new petrol or diesel car now if you expect a decent trade-in for it in a few years' time.