Would be interesting to see the detailed financials. Reading the already many comments, many important factors need to be assessed.
Regarding the costs, Japan receives the energy output but at what costs and benefits to whom?CO2 generation, apparently the only ‘by-product’, is of course some sort of dilemma, but only if you believe the pseudo science of the alarmists. It might even be welcome if, as some believe, we are entering a little ice age period. and then, only if atmospheric CO2 actually does make a difference!
Hopefully, this energy production will have less of the subsidization required for solar and wind energies.
Guest essay by Eric Worrall
h/t Geoff Sherrington – Coal is being rehabilitated as an essential component of the clean energy future.
World-first coal to hydrogen plant trial launched in Victoria
ABC Gippsland By Kellie Lazzaro
Updated Thu at 2:03pmA world-first trial to use brown coal to make hydrogen has been launched in Victoria’s east as a pilot ‘clean energy’ project that is expected to create 400 jobs — but critics and coal industry experts alike said new measures will be needed to tackle the carbon emissions generated.
A demonstration plant will be built in the Latrobe Valley as part of the $496 million project to develop technology to produce hydrogen from the region’s vast reserves of coal.
The hydrogen would be shipped from the Port of Hastings to Japan under the deal with Kawasaki Heavy Industries, J-Power, Iwatani Corporation, Marubeni and the Japanese Government.
The Federal and Victorian…
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The GOLDEN RULE 