Sigh....
I will say it all again, just in case it was missed the five previous times:
- In a typical Australian solar resource, energy payback occurs within 12 months, particularly for thin film panels. In Europe it can take 2 years but their electricity is more than twice as expensive as ours, which gives you some idea about their motivations.
- In a typical Australian wind resource, energy payback occurs within 3 months. In Europe it can take 6 months as their wind turbines produce half as much electricity as ours.
- There are far more wind turbines on the market that don't use rare earths than those that do. The efficiency difference between the two is around two - three per cent. Manufacturers are going that way to chase very small improvements and gain a competitive edge. If there was ever a problem with rare earths, they would just go back to DFIG and synchronous generator technologies, which have proven themselves over decades and around 200GW of installed wind turbines around the world.
- In an Australian context, nuclear costs significantly more than wind and is comparable with solar (including thermal storage if anyone feels like playing the irrelevant "baseload" card). And that is when there is a govt loan guarantee sitting behind it (without which a nuclear reactor has never been built anywhere in the world), reducing the cost of capital for a very capital intensive technology. Renewable energy costs (another capital intensive technology) are based on private capital costs, not govt guaranteed capital costs. And they still beat nuclear in Australia - the current debate is a complete political bum steer around the real issue, which is why there aren't any actual nuclear industry developers in the ear of any politicians advocating for it. Govt financial support for nuclear (a requirement for anything at all to happen for that industry) only makes sense in jurisdictions with much higher electricity prices than our own.
I hope that clears a few things up. It would be great if we could at least stick to some facts...