Agreed. "Public radio," politicking for the Left for decades now.
Central to the whole cost explosion? As the article buries into a paragraph -- "controversial carbon capture technologies."
"Green" throughout the Western world is causing various versions of massively rising costs along with reduction in actual service.
Meanwhile China builds coal plants weekly. So we handicap ourselves severely because "green."
“The people who benefit from these kinds of policies are the legislators who are connected to legacy fossil fuel companies, utilities who are able to pass the buck on to the ratepayers,” Joyce asserted. “It’s certainly not the ratepayer who benefits from this.”
Hmmmmm...
Seems Public News Service could say the same thing about themselves and their “Government Sugar-Daddy” arrangement.
China Was Responsible for 96% of Coal Plants Constructed in 2023
China was single-handedly responsible for 96% of global coal power capacity construction last year, cementing its position as the biggest coal builder in the world.
Per data, released by Global Energy Monitor and reported by Bloomberg, China last year also accounted for 68% of new coal generation capacity that came online last year and 81% of newly planned coal generation projects.
China’s attitude to coal has been hard to swallow for Europe and other transition advocates but Beijing has made a point of explaining that on its list of priorities, energy security comes before energy transition. Besides, officials have said that most of the new coal capacity will operate as backup for wind and solar, which cannot generate electricity round the clock, unlike coal power plants.