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May 16, 2021

The fate of coal

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It seems the hypocrisy of ‘our’ Federal Minister for Energy and Emissions Reduction Targets, Angus Taylor (the irony), has just reached another level.

The ever-conspiring Angus is now diverting public funds from the Clean Energy Fund into a $4 million feasibility study into building a new coal-fired power station at Collinsville in Queensland.

In a highly suspect move, a relatively unknown company called Shine Energy – which has never undertaken a single energy project – was asked by the Federal government to apply for the grant, just two days after the funding was announced.

Even more intriguing was a statement from Queensland Liberal-National party (LNP) shadow Energy spokesman, Michael Hart stating, ‘the LNP would not support any government investment in the controversial coal-fired project’. He went on to say that the state already had ‘plenty of power’. This is a U-turn on their previous policy.

The Queensland government’s most recent analysis showed that any new coal-fired power station would require a wholesale price of $120 per megawatt hour, which is double the current wholesale price in Queensland, opposite to Angus’s cheaper power push.

It’s becoming quite obvious that the marketplace is now deciding the fate of thermal coal, and recalcitrant governments like Morrison’s mad mob are now struggling to stop the transition to cheaper, cleaner renewables.


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8 COMMENTS

  1. Cheaper Michael ! Go watch the CASTLE mate
    And convince yourself you are DREAMING..
    And in any case what raw materials are used in
    Contruction phases of Renewables.. ?

    • Barrow, your point is what exactly? That new renewables are not cheaper than new coal? Any energy analyst will tell you that debate is now over, new renewables ARE cheaper than new coal. You the one that is DREAMING old son. Your precious Coal and Gas have never been the ‘cheapest’ source of energy for the very fact that they have never been truly priced to reflect the so called externalities that are passed off as ‘public subsidies’ – you know the ones yes, climate change costs, environmental degradation and destruction costs and of course the human costs of premature deaths together with the costs of hospitalisation caring for the impared health of citizens. Time to wake up from your Fossil Fuellled DREAMING my man.

      • Joachim you advocate Climate change and you have agendas… !!
        BYRON SHIRE COUNCILS DECLARATION ?
        What are the contributing factors for council
        To declare a CLIMATE EMERGENCY… ??
        Or are you sidestepping AGAIN to answer ???
        Come on Echo call this out ???
        ONE EXAMPLE ??

  2. Morrison’s mad mob is a pain in the proverbial ‘you know what’.
    There’s no “trust” left in this country being run by boof-headed
    voted in semi-aliens. Where did these glag bags of air come
    from! And who do they think they are fooling!

  3. Well written Michael, anyone with a functioning brain, including the coal industry can see especially thermal coal has passed it’s use-by date. It is being outgunned by renewables in every way including cost, only prehistoric left-overs like Angus Taylor, allbeit on behalf of the coal industry, would have the impertinence to steal money from the Clean Energy Fund in a vain attempt to build a coal-fired power station that no private entity will touch. Metallurgical coal however will continue to be mined and exported until a different process of steel-making is found. I see you are attracting the usual negative background noise from a certain ill-informed individual, from the usual sidelines, just ignore it, eventually, like coal it will disappear into the depths of history, never to be heard again

  4. They want to get rid of the damaging Coal & Gas
    industry due to the harm both inflict on this place
    called ‘country’. There are easier, safer & cheaper
    ways of living. That’s your answer, Barrow. Even
    the rest of the world understands the need of
    common sense. Workers won’t be left out in the
    cold. Retraining will be alive & well. The well
    known billion-dollar government support mates
    can go play in the traffic or take a trip, first-class,
    to Mars.

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