Tag: Subsidies

Minerals and petroleum lobbies are not taxpayers (but guess who subsidises them?) – Michael West Media

Morrison has no interest in hard Economics and Murdoch media certainly don’t pay attention to the harsh realities. Between them they have reduced politics to Culture wars. Currently Transgender children in Sport is Morrison’s issue when not a single transgender person has won a medal in the Olympics. Or any child run away with all the medals up for grabs, ruined any sporting event, or is in danger of doing so. However, as always Morrison loves fuelling politicizing bigotry and steering away from the material and econimic realities of our  world. He believes  in holding onto the minority of racists, ethnic, religious, cultural, and anti-welfare bigots and to have them put on their pillow-case hoods and swing his way even if he doesn’t help their hip pockets. Fuelling emotions is a distraction from economic reality mismanaged.

It’s a phenomenon more commonly attributed to ”banana republics”. Our government is helping the resources lobby even as it works against the interests of the nation and the planet. Stephanie Tran examines the influence of energy lobby giants as they intensify efforts to delay Australia’s embrace of clean energy.

Source: Minerals and petroleum lobbies are not taxpayers (but guess who subsidises them?) – Michael West Media

Pfizer refuses to share vaccine knowledge as it announces $US36 billion in vaccine revenue – Michael West Media

Pfizer, Covid, pandemic

While rich countries like Australia are reaching 80% or more double vaccination rates, less than 5% of people in many low income countries have received COVID-19 vaccines. Millions are dying while new more infectious strains of the virus develop, reports Patricia Ranald.

Source: Pfizer refuses to share vaccine knowledge as it announces $US36 billion in vaccine revenue – Michael West Media

As the world battles to slash carbon emissions, Australia considers paying dirty coal stations to stay open longer

A long-anticipated plan to reform Australia’s electricity system was released on Thursday. One of the most controversial proposals by the Energy Security Board (ESB) concerns subsidies which critics say will encourage dirty coal plants to stay open longer. The subsidies, under a so-called “capacity mechanism”, would aim to ensure reliable energy supplies as old coal plants retire. Major coal generators say the proposal will achieve this aim. But renewables operators and others oppose the plan, saying it will pay coal plants for simply existing and delay the clean energy transition.

Source: As the world battles to slash carbon emissions, Australia considers paying dirty coal stations to stay open longer

The insane pinball game that masquerades as Coalition energy policy – » The Australian Independent Media Network

“The days of subsidies in energy are over, whether it is for coal, wind, solar, any of them,” the treasurer said. “That is the way I think you get the best functioning energy market with the lowest possible price for businesses and for households and that is what the national energy guarantee and our energy policies are designed to achieve.” Fast forward to this week when Keith Pitt, the minister for resources, water and northern Australia, blocked a loan for the Kaban green energy hub which had been approved by the Northern Australian Infrastructure Facility (Naif) in January. The blocked funding would have helped build a 157-megawatt windfarm and 100MW battery and included a 320km transmission line upgrade. Pitt’s reason for overruling the decision was that investment in “mature technologies” like wind and solar energy would be driven by the private sector whilst the government’s policy was to support dispatchable generation. I’m not sure what Mr Pitt thinks batteries are for.

Source: The insane pinball game that masquerades as Coalition energy policy – » The Australian Independent Media Network

Where’s Wally: find your favourite taxpayer subsidy to the fossil fuel giants – Michael West

Fossil fuel subsidies

At almost $20,000 per minute, the Government spends more on fossil fuel subsidies than on the Australian Army, writes Rod Campbell.

Source: Where’s Wally: find your favourite taxpayer subsidy to the fossil fuel giants – Michael West

JobSlayer: gas giants grab $300m subsidy then axe 3000 workers – Michael West

Gas industry sacks workersSource: JobSlayer: gas giants grab $300m subsidy then axe 3000 workers – Michael West

Matt Canavan says there’s no government subsidisation of Australia’s fossil fuel industries. Is he correct? – ABC News

Matt Canavan's claim is drawing a long bow

via Matt Canavan says there’s no government subsidisation of Australia’s fossil fuel industries. Is he correct? – ABC News

Government’s COVID Commission manufacturing plan calls for huge public gas subsidies – ABC News

Coal seam gas drill rig in the Pilliga.

via Government’s COVID Commission manufacturing plan calls for huge public gas subsidies – ABC News

We’re drowning in cheap oil – yet still taxpayers prop up this toxic industry | George Monbiot | Opinion | The Guardian

As these new crisis bailouts for fossil fuels show, it’s those who are least deserving who get the most government protection

Source: We’re drowning in cheap oil – yet still taxpayers prop up this toxic industry | George Monbiot | Opinion | The Guardian

Good jobs or good fortune? Most federal ministers own multiple properties. Unproductive investment trickles up not down. Middle class welfare!!

The treasurer, Joe Hockey, has been staunchly by many of his Coalition colleagues.

Good jobs or good fortune? Most federal ministers own multiple properties | News | The Guardian.

Big Oil’s astronomical hand-out: Fossil fuels receive $5.3 trillion in global subsidies each year – Salon.com

Big Oil's astronomical hand-out: Fossil fuels receive $5.3 trillion in global subsidies each year

Big Oil’s astronomical hand-out: Fossil fuels receive $5.3 trillion in global subsidies each year – Salon.com.

Did you know your tax dollars are paying for BHP’s petrol?

Every year, the Government hands out around $6 billion dollars in fuel tax subsidies – and the coal mining industry is one of the largest recipients. It’s all in a report released this week by the Australian Conservation Foundation, which would make for some handy reading for our Treasurer who’s weighing up different options to save the Government money.

Think Mr Hockey should raise revenue by stopping handouts to billion-dollar mining corporations instead of creating $100k university degrees?

Join the Brighter Budget campaign to fight for fairer budget. www.getup.org.au/brighter-budget

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Subsidised to pollute