Yes I AM prepared to pay, because if I don’t pay then my children and grand-children will pay a much higher cost. In terms of their health, environmental damage and in terms of future power costs.
I suspect the best way to pay, is via some sort of emissions trading scheme, but if a so called “carbon tax” is required to drive the transition to renewables, then I’m happy to pay that.
However
do remember that we are right now paying a significant price to use fossil fuels. Not just the energy cost, but through government subsidies to the industry, through damage to the environment, through damage to our health etc.
I’d much rather pay a cost that yields a better future than pay a cost which traps us in an unsustainable past.
Re the use of nuclear energy as Base load. I agree that nuclear has a role, but not large scale monolithic power stations which take a decade or so to plan and build, but small scale “modular” units which can be set up in months if necessary. Eg.
Westinghouse SMR
There are many manufacturers around the world working on this technology and it’s much cheaper, safer and less “polluting” (in terms of radioactive waste) than the technology we’ve used in the past.
The future, using these small modular nuclear units, plus renewables, is a much more dispersed, and decentralised power network, where power is generated at many nodes rather than in a few huge power stations. This results in a much less costly and stressed network, less likelihood of power disruptions due to weather, breakdowns or sabotage, and an opportunity for local communities to invest in and take ownership of power generation, and perhaps even distribution. So the power system becomes “democratised”. Is that a bad thing?
I also like the idea that for me, living in a rural community, it could act as a catalyst for decentralisation of our economy and our political system. In SA where I live, the economy and the political system are incredibly centralised around Adelaide... the regions are only an afterthought (though we do generate much of the state’s wealth).
In Australia, the most urbanised and centralised country in the world, any move to decentralise power (in both senses) has to be a healthy thing.
Alan
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