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Adrian Whitehead Zero Emission Network. Climate Change Good Policy. Good Policy Smart Energy Use. Renewables and Efficiency. Costs. Total Electricity Costs (A$/MWh) Coal 35 (70) Natural Gas 40 Hydro 60 Biomass 60 Nuclear 110+ (Not full life cycle costs) Wind 70-80
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Adrian Whitehead Zero Emission Network Climate ChangeGood Policy
Costs Total Electricity Costs (A$/MWh) Coal 35 (70) Natural Gas 40 Hydro 60 Biomass 60 Nuclear 110+ (Not full life cycle costs) Wind 70-80 Photovoltaic 150 Geothermal 20-40 HDR Geo 40-60 (not proven)
Carbon taxes / trading and native forests First cut of E.regnans old growth release on average 400 t/C per ha return to state $6-7K per ha. With a carbon tax costs would increase by: • $10 a ton = $4K per ha • $25 a ton = $10K per ha • $50 a ton = $20K per ha
Why? - science and the risks Source: Largely from Stern Review on the economics of climate change October 2006 Page 195 pdf
Adrian Whitehead www.ZeroEmissionNetwork.org.au