Post by NFA on May 19, 2024 4:46:40 GMT 8
Nothing warm and fuzzy about budget handout
Vikki Campion
Many had a warm feeling after the budget, believing they would get a $300 boost in their bank account.
Not so.
Big energy companies get a $300 boost for each household.
And haven’t they been looking after you lately?
Surely, they will do the right thing and pass it on.
Our energy policy is now such a disaster that taxpayers are burdened with subsidising the following: the manufacture of renewable components, the construction of 28,000km of transmission lines, secret agreements with multinational companies to generate intermittent power, a new process to ram through renewable generation projects, a mechanism of selling the power where they only need to supply in five-minute block, and now to hand cash to power companies to pay a small portion of their exorbitant household bills.
What a roaring success.
If this does not portray what an absolute farce this power policy has become, that the taxpayer has to fund every step of the way, then the next chapter should make it beyond discussion.
Our power supply is now precarious, and it will not be surprising if it fails in part or in whole during peak demand.
The budget shows explicitly how intermittent power is a giant green money laundering scam: rinse, wash and repeat.
It is now made up of three parts: the blindly naive, the ripped off, and the scam artists who sold out to sit in a different class from both – or in an entirely different country.
Vikki Campion
Many had a warm feeling after the budget, believing they would get a $300 boost in their bank account.
Not so.
Big energy companies get a $300 boost for each household.
And haven’t they been looking after you lately?
Surely, they will do the right thing and pass it on.
Our energy policy is now such a disaster that taxpayers are burdened with subsidising the following: the manufacture of renewable components, the construction of 28,000km of transmission lines, secret agreements with multinational companies to generate intermittent power, a new process to ram through renewable generation projects, a mechanism of selling the power where they only need to supply in five-minute block, and now to hand cash to power companies to pay a small portion of their exorbitant household bills.
What a roaring success.
If this does not portray what an absolute farce this power policy has become, that the taxpayer has to fund every step of the way, then the next chapter should make it beyond discussion.
Our power supply is now precarious, and it will not be surprising if it fails in part or in whole during peak demand.
The budget shows explicitly how intermittent power is a giant green money laundering scam: rinse, wash and repeat.
It is now made up of three parts: the blindly naive, the ripped off, and the scam artists who sold out to sit in a different class from both – or in an entirely different country.