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ABC News (Australia)Opposition Leader Angus Taylor has called for Chris Bowen to resign over the latest Snowy 2.0 cost blowout, while denying he had underestimated the cost when he greenlit the project in 2019.
A major review of Australia's biggest renewable energy project has found it could cost up to $25 billion, which is about 12 times the original price. Snowy 2.0 was initially set to cost $2b and come online in 2021.
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Read more here: https://www.abc.net.au/news/20....26-10-22/cost-of-sno
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tagesschauDiscover the current challenges facing offshore wind energy projects. Rising costs and competition from China threaten the future of these initiatives. Learn more: https://www.tagesschau.de/ 🌊💨
Offshore wind farms are crucial for the energy transition, yet the last two years have seen no new projects initiated. Companies are increasingly worried about escalating costs and fierce competition from Chinese firms. This video dives into the concerns of industry leaders and the implications for renewable energy.
Stay informed with the latest updates and news on offshore wind energy and its impact on jobs and the environment. Don't miss out on understanding the future of this vital energy source!
0:00 Introduction
0:30 Current state of offshore wind projects
1:15 Rising costs and market competition
2:00 Future outlook for renewable energy
3:00 Conclusion
Kurzgesagt – In a NutshellWhat could 1% of the richest countries’ income achieve? From malaria vaccines and clean water to renewable energy, a surprisingly small fraction of global wealth could transform millions of lives.
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#inanutshell #kurzgesagt_inanutshell #learnwithshorts #science
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