Why coal-fired power handouts would be an attack on climate and common sense | Environm... - 0 views
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The coal industry knows that to stop runaway climate change all coal-powered generators need to close Australia joined 174 countries and the European Union in 2015, signing the Paris agreement. In doing so, Australia agreed to do its part in keeping the global temperature rise “well below” 2C.
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According to data from the Office of the Chief Economist, the demand for coal-generated electricity has dropped by more than 15% in the past eight years.
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Coal is now the most expensive form of new power. According to Bloomberg New Energy Finance, the cost of energy from a new coal power plant would be $134-$203/MWh. That’s more expensive than wind, solar or highly efficient combined-cycle gas (costing $61-$118/MWh, $78-$140/MWh and $74-$90/MWh, respectively).
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The only people who still think we need the old-fashioned sort of “baseload power” that coal provides – power that is always running regardless of whether you need it – are those in the coal industry.
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In the short term, that can be gas. But, in the longer term, to stop runaway climate change, that service will need to be supplied by renewable sources such as battery storage, hydro, solar thermal with storage or geothermal.
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“As the world’s largest coal exporter, we have a vested interest in showing that we can provide both lower emissions and reliable baseload power with state-of-the-art, clean, coal-fired technology.”
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This article is really interesting because I think it goes to show that there is still some side of the global warming/climate change argument that is making progress. As we learned today, it is important to walk that middle line between over-skepticism and gullibility. Here people recognize that coal emissions are bad, and countries are taking a stand to try and lower that. It does make me wonder though what the future with coal holds, and if one day, we really will resort to renewable energy. It seems increasingly important. One more interesting thing I found was the use of the graphs to support the information, for graphs used to seem to me something people trust, but now I realize we have survival instincts associated even with data, and I wonder if some people would remark this as "fake news."