The Costs and Risks of Australia's Largest Solar Project: Sun Cable
This is another of my ongoing questions into understanding the cost of net zero. The Sun Cable project is an insane proposal to cover 12,000 hectares of the Northern Territory with solar panels, at a cost of over $30 billion. There are multiple problems with this project, including environmental damage, power loss during transmission and site remediation once the panels reach the end of life.
These large energy companies are not required to, and don’t set aside funds for remediation. This means Australian taxpayers will end up footing the bill for billions of dollars in cleanup costs when this project inevitably fails.
Despite this being the world’s largest solar project and carrying significant sovereign risk, the Minister had no clue what I was talking about.
Transcript: https://www.malcolmrobertsqld.com.au/the-costs-and-risks-of-australias-largest-solar-project-sun-cable/
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