Earlier quoted context omitted.
> Additionally your 10% additional cost of energy is nonsense. Australia hasn't had a functioning energy policy is 10 years, which is the primary reason costs are so high. Any kind of policy which both sides of politics agree on (at least roughly!) will provide investment certainty and cut that cost. Finkel review [0], page 201, Levelised Cost of Electricity in 2020 estimates solar at ~91 $/MWh vs ~76 $/MWh supercrit…
You don't set policies for what is happening now, you set them for the future. A future where (according to exactly the same reference!) solar will be cheaper than coal by 2030 (~61 $/MWh vs ~76 $/MWh supercritical coal). I'd also note that this report was done in 2017, and the LCOE for solar has decreased more rapidly than expected. This Lazard report done only a year later puts large scale solar at US$36-43/MWh (=…
> I'd also note that this report was done in 2017, and the LCOE for solar has decreased more rapidly than expected. This Lazard report done only a year later puts large scale solar at US$36-43/MWh (= A$51-63/MWh).
If it started to make commercial sense to build solar in 2017 then it really doesn't make sense to change anything we're doing after these bushfires since any problem will will resolve itself. The underlining point is that this crisis isn't a catalyst to rethink our energy policy. The two things just aren't realistically linked. We don't emit enough carbon for it to be relevant for global pollution.