[LINK] Clean Coal

[Chris Maltby]

On Sat, Jun 16, 2012 at 09:52:19AM +1000, Frank O'Connor wrote:
> See: http://www.theage.com.au/national/climate-strategy-up-in-smoke-20120615-20f7i.html
> 
> It's been way more than the $2.5 billion the Age discloses, and it's been going on for decades, not years.

Frank,

The sad thing about the article was the unquestioned response by the Age
to the Grattan Institute's claim that we need a coal industry of some
kind and thus we must have CCS. From there they then went on to say that
CCS would be only be viable with a carbon price around $100/tonne and
so, logically, there would need to be some sort of subsidy ($75/tonne?)
to make up the difference in the meantime.

At no point did they examine the relative costs of genuinely renewable
energy alternatives, or the comparitive impacts on Australian GDP and
employment from devoting additional subsidies (if required) to support
these alternatives. Perhaps the coal industry paid for the report...

Chris