Rio Challenges Rudd’s “Green Power” Myth

Posted on Wed 07/22/2009 by

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Andrew BoltBy Andrew Bolt

TonyfromOz prefaces …..

The current Labor Government in Australia has recently given approval for another Uranium mine to begin operations. Labor is diametrically opposed to everything about Uranium, except the mining of it, and its export, maybe because of the huge Royalties the Government receives from it. There are now calls for Nuclear electrical power generating plants to be included in the mix for power options if coal fired plants are considered to be so dangerous for the environment. This has drawn considerable argument against it, mainly because of the public’s complete lack of understanding about the process. Of main interest here is the attention drawn to the facts about renewable energy, and how it is not able to actually replace what is already in place, it’s huge costs which will have to be passed on to consumers at all levels, and how long those renewables will take to construct. The Rio Tinto Company is an Australian Mining Giant.

Rio Tinto wants an end to the lies about the new green power on which we’re supposed to soon rely:

MINING giant Rio Tinto has urged (Australian Prime Minister) Kevin Rudd to immediately begin work on a regulatory regime allowing use of nuclear energy in Australia, arguing the viability of energy alternatives has been dramatically overstated.

The company has advised the government to consider “every option” for power generation because its pledges on reducing carbon emissions and using renewable energy will expose industry and consumers to huge increases in their power bills.

And it says that overly optimistic assumptions on the viability of alternatives such as wind and geothermal power, as well as so-called clean coal technologies, have created a “false optimism” which the government must challenge by commissioning new research. ..

(M)anaging director Stephen Creese… writes that Rio Tinto is concerned about the combined effect of the government’s proposed emissions trading scheme and its 20 per cent renewable energy target…

“Overly conservative assumptions on the cost of alternative low-emissions base-load generation technologies have created a false optimism about Australia’s ability to maintain competitive power prices,” the submission says. “This will significantly disadvantage Australia, given our heavy reliance on coal-fired generation for base load.”

Think Labor will ever admit that their own Labor Prime Minister Kevin Rudd campaigned on a lie – that he could both ban nuclear power and slash our emissions?

UPDATE

TonyfromOz prefaces this UPDATE …..

Ziggy Switkowsi was ‘head hunted’ to take the position as CEO for TELSTRA, the largest Australian TELCO. Telstra was Government owned and the previous Conservative Government started proceedings to place it in private hands. This received enormous public debate at the time, and it transpired that only 49% of it passed into private hands. It is still far and away the largest of the Australian TELCO’s. Switkowski took the position as CEO and stayed in that post for 6 years during this transition, hamstrung when the Government changed and the remaining sell off did not proceed. Switkowski was asked to head up a Government Committee into a report on the Nuclear Industry in Australia. You may think it incongruous that a TELCO CEO should be asked to head up such a Committee, but Switkowski has a PHD in Nuclear Physics, so was arguably the most qualified person in Australia to do this. The Committee brought out a huge report at the end of the long enquiry, and that report is the one shown at the following link. Be aware that it is a very long pdf document, and also involved. Of most import is the chapter detailing the generation of electrical power, and if you do not read the whole document, then do look at this chapter, as it is indeed quite interesting. This extensive report is most definitely something a Labor Government so diametrically opposed to anything about this industry did not want to hear, and after the expense of huge amounts of money for the duration of the Committee, this report was thankfully received ….. and then buried without trace.

Ziggy Switkowski’s report recommending a nuclear power industry nailed this very problem before the election, of course:

Renewables will also increase their market share slightly; however, growing off a low base means that even by 2030 they will probably still contribute less than 10 per cent of electricity supply. Wind and biofuel generation are forecast to triple their market share, although the hydro share is expected to decrease…

Nuclear power supplies baseload electricity — something that key renewables like wind and solar energy cannot do economically until practical and affordable energy storage systems are available.

So much for Rudd’s promise of 20 per cent of renewable power by 2020. And why will it be so hard to get more of that wildly expensive renewable power, despite the government’s billions?

It’s because more than 80 per cent of our renewable power today is actually not wind or solar, but hydro-electricity from dams, and which green politicians will build more of them?

Andrew Bolt is a journalist and columnist writing for The Herald Sun in Melbourne Victoria Australia.

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