Professor Garnaut has released his global warming report. We will hear a lot more on this over the coming weeks but here are a few thoughts.
What will emission trading do to the State government's electricity privatization plans? It's bound to lower the value of the coal power stations. Carr wanted $35 billion for them, now its down to $8 billion could be a lot less by the time of the sale.
How will nuclear power compare post emission trading? It could very well end up cheaper. I expect we will begin to hear calls for an Australian nuclear power industry.
What will emission trading do to the State government's electricity privatization plans? It's bound to lower the value of the coal power stations. Carr wanted $35 billion for them, now its down to $8 billion could be a lot less by the time of the sale.
How will nuclear power compare post emission trading? It could very well end up cheaper. I expect we will begin to hear calls for an Australian nuclear power industry.
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