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An insurance policy with no regrets
Date:12 Aug 2011
Opinion piece from Clean Energy Council favouring renewable energy over CCS.
Some carbon price purists and media commentators have argued that additional support for renewable energy should be removed once a carbon price is introduced, citing recent reports by the Productivity Commission and others. What they and others opposed to renewable energy are advocating is a very high risk strategy – waste our competitive advantage in renewable energy, use only the lowest cost abatement currently available today, then cross our fingers that gas remains underpriced, carbon capture and storage proves itself in the next decade or two, and that the Australian people miraculously change their mind about nuclear energy.