Not quite sure what you mean here. Generating electricity is very cheap but varies depending on the fuel source, and there is a lot of it. Fuel cost for:
Coal $30/Mwh
Natural gas $25/Mwh
Uranium $75/Mwh
Thorium $35/Kwh
In Australia you have the worlds richest deposits of uranium and thorium but refuse to use it, and you have around 100 million years of it just laying around. What is mined and processed is shipped out of the country to Japan, China, France, and the USA.
The problem with subsidies is it artificially raises the price of electricity and taxes. Not a problem for the people who can afford to install the RE systems, but raises the cost on those who cannot afford it and get stuck with the bill. Free markets will decide what fuel source to use no matter what the governments try to do.
Coal $30/Mwh
Natural gas $25/Mwh
Uranium $75/Mwh
Thorium $35/Kwh
In Australia you have the worlds richest deposits of uranium and thorium but refuse to use it, and you have around 100 million years of it just laying around. What is mined and processed is shipped out of the country to Japan, China, France, and the USA.
The problem with subsidies is it artificially raises the price of electricity and taxes. Not a problem for the people who can afford to install the RE systems, but raises the cost on those who cannot afford it and get stuck with the bill. Free markets will decide what fuel source to use no matter what the governments try to do.
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