The question arises whether or not funding will go to private or public interest science and, whether will it be profit or value directed. Abbott tore the shreds out of the value-directed public research into climate science. He claimed scientific research needed to be a Capitalist free market activity and not one based on national and global needs. ” It’s not our job” Morrtison rubber-stamped that and readily funded a 5% cleaner fossil fuel technology calling it a “decarbonisation” success story rather than a maintenance of ” Carbon excess” tale.
Labor talks the talk but will it walk?
The analysis by STA shows that this Science Future Fund could inject $650 million every year from investment income into science breakthroughs, generating a massive $2.3 billion in new economic returns for the country every year.
Source: A Science Future Fund to supercharge economic growth: Budget 2023 – » The Australian Independent Media Network