Australia's coal power plan twice as costly as renewables route, report finds

Researcher says new coal plants aimed at reducing emissions would cost $62b, while the cost using renewables would be $24-$34bnA plan for new coal power plants, which government ministers say could reduce emissions from coal-generated electricity by 27%, would cost more than $60bn, a new analysis has found.Achieving the same reduction using only renewable energy would cost just half as much – between $24bn and $34bn – the report found. Continue reading...