Comment Re:No they don't (Score 5, Informative) 205
Thanks to renewables, Australia ended up paying $500 a day per family for electricity [blogspot.com].
Obviously not written by someone who lives in Australia:
--- Our coal plants fail during peak demand, like our hottest-on-record January this year. Congrats coal, you fail at the definition of baseload.
--- The conservative coalition promised a saving of $500 when our experiment at a carbon price was axed. Surprising nobody, we didn't! I believe these figures more than the nonsense from that Borepatch site, a site that's keen to list externalities like the cost of food when power goes up, but not when we burn the Earth's densest carbon sinks.
--- There's a phrase in Australia: gold-plated power grid. Different states privatised their energy grids, and their new owners went on a spending spree which was passed on to us. The cost is significantly higher than the glorified rounding error in that Borepatch article.
--- Victoria has some of the dirtiest coal in the world. Hazelwood, the power station listed in that article, was the least efficient and most greenhouse-pollution generating station in Australia, and needed to go.
--- AGL, Australia's largest electricity retailer, has said they're not investing in new coal plants because its not economical. The private sector, which conservatarians always tell us works best because they have a profit motive, doesn't want more Australian coal.
It's currently technologically impossible for renewables to provide baseload power at a competitive, or even reasonable, price, and will not do so anytime in the near future no matter how much religious environmentalists claim otherwise.
I can see where you're coming from. The only way we're going to make the significant and immediate reductions to carbon we need to mitigate or limit climate issues (we're past the point of avoiding) is investment in nuclear.