High price for 100 per cent renewable energy, says Smith
7 Aug 2009
Achieving 100 per cent renewable electricity by 2020 would cost $17.5 billion, put power prices up by 30 per cent and require the equivalent of seven Clyde Dams being built, Climate Change Minister Nick Smith says.
Smith was responding to claims by the Sign On -40% by 2020 campaigners who have stated that “100 per cent renewable electricity supply is easily achievable by 2020”.
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