Sunday, June 10, 2007

Carbon Cost = Instant Price relevancy for Alt.Techs

I need to find avenues into the political/regulation structures

Peak Oil Blog Post

"'Any reasonable form of cost for carbon dioxide would immediately make a whole suite of alternative generating technologies competitive to our very cost-effective fossil fuels,' the Government's adviser on the nuclear industry, Ziggy Switkowski, said in an interview this week. 'And so nuclear would become more competitive, wind, solar, eventually geothermal … and then the market will decide where the investment funds should flow,' he said.

'The higher the price of carbon, the larger the 'swing' towards no or low-carbon intensity sources of electricity generation and, more importantly, away from coal-fired generation,' says CommSec utilities analyst, Paul Johnston. ..."

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