‘Peak ridiculous’: Nationals’ $250 billion mining fund slammed


The Party whose pro “small” government has taken on a pro-corporate Socialist bent. They advocate the building and restoration of unwanted coal-fired power stations along with investing in international mining corporations. Funding enterprises banks won’t touch. The LNP refuse to help the poor but will readily finance failing corporations.

A Nationals proposal to create a $250 billion mining fund in exchange for support of net zero by 2050 has been labelled “completely crazy” as government infighting over climate targets mounts before the Glasgow climate summit later this month. Nationals MP and Resources Minister Keith Pitt said on Thursday that taxpayer money should be used to prop up miners if and when banks refuse to give them loans.

Source: ‘Peak ridiculous’: Nationals’ $250 billion mining fund slammed

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.