thegreatdivide wrote on Aug 21
st, 2022 at 3:37pm:
Whereas recognition we must exit fossils ASAP is based on science (according to climate scientists, who you reject).
Really where have I rejected them? Also please explain which "climate emergencies"?
The poor need cheap reliable electricity. That means if you are using unreliables you need cheap reliable storage. Even the rabid SMH recognises the Snowy 2 is a white elephant.
"Five years on, Snowy 2.0 emerges as a $10 billion white elephant"
"The nation-building vision was for a big battery to be added to the Snowy Mountains Hydro-Electric Scheme. It was to be completed in four years (that is, by last year) at a cost of $2 billion without any taxpayer subsidy, bring down electricity prices, generate renewable energy and incur minimal environmental impact on Kosciuszko National Park.
Inspiring stuff. But not one of these grand claims has turned out to be true. Worse, Australian taxpayers and NSW electricity consumers will be up for billions of dollars in subsidies and increased electricity costs, all while Kosciuszko is trashed. Let’s have a quick recap.
Snowy Hydro now expects completion in 10 years, not four, by 2026. Some experts consider even this extended timeframe to be optimistic. Construction of the tunnels is running at least six months behind the latest schedule and the transmission connection is unlikely to be built by 2026 anyway. The all-up cost has increased at least five-fold, to $10 billion-plus, as energy experts warned the Prime Minister and the then NSW premier in 2020.
The underground power station and tunnels alone will cost more than $6 billion, and Snowy Hydro avoids mentioning the transmission connections to Sydney – $4 billion-plus for HumeLink and the Sydney ring – and to Victoria. To make matters worse, Snowy Hydro refuses to contribute to these transmission works, leaving it to electricity consumers to pick up the tab. Transmission tariffs in NSW will increase by more than 50 per cent if the NSW government allows Snowy Hydro to get its way, based on analysis in a Victoria Energy Policy Centre report."
https://www.smh.com.au/national/five-years-on-snowy-2-0-emerges-as-a-10-billion-...Wow. That will make electricity really cheap.