Minerals Council of Australia seem to be ignorant of basic economics
Dennis Matthews, 19 June 15 Support by the Minerals Council of Australia for fossil fuels comes as no surprise, nor does their apparent ignorance of the difference between the Conservation Council of SA (CCSA) and the (Australian) Conservation Foundation (ACF) but it is of concern that they seem to be ignorant of basic economics (The Advertiser, 18/6/15).
Rooftop solar electricity has gone from strength to strength in a classic case of increased demand leading to decreased price. All solar electricity needed was the ability to compete with entrenched fossil fuels. This was done through the Renewable Energy Target , which was an acknowledgement that fossil fuels had pollution derived hidden costs.
The worldwide acknowledgement of these hidden costs is now putting fossil fueled power stations on the endangered list, especially in countries that have “developed” by ignoring the cost of pollution.
Similar advances can be made by addressing other aspects of electricity demand, such as solar hot water or more energy efficient buildings.
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