Earlier quoted context omitted.
But it’s not $1.2 billion people to do the thing . It’s only $1.2 billion to not do the thing . To do the thing would require paying the original contracted amount. Whatever that might have been. Melbourne, well Victoria the whole state, is looking at a similar scenario for rail tunnels many believe serve little purpose. Around $1.2 billion to stop the work now and pay the early termination penalty. Plus maybe anothe…
> on ramming Net Zero down our power lines except this is AFIK just plain wrong much more relevant factors seem - spikes in energy need, mainly AI in recent years - extremely badly handling of power grids in a high multitude of ways not related to net zero (like seriously, the German grid is pretty bad compared to an optimal grid. But compared to the nonsense many parts of the US have, it looks like a pristine optima…
You seriously believe coal fired power hasn’t evolved in the last 40 years?
You’re saying that renewables are cheap but only if you include gravity storage.
What gravity storage? The only useful one is pumped hydro, and that works approximately nowhere because of a lack of suitable geography.
Australia’s Snowy 2.0 pumped hydro is on track to cost an infinite amount and / or be finished never.