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it can only happen with very costly govt subsidies.the tax...

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Scott th Ratbag

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15/05/24

14:34

Post #: 73837446
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Originally posted by Sailor101: ↑

I am not so sure. Angus will no doubt be asked about his statement that Nuclear power must generate a return for private investors. This really puts big Pete and the LNP into a corner. Their Nuclear power signature policy could be put on the back burner indefinitely now - remember that it was supposed to be made public before the budget?

And then last night he said that the Libs would oppose government subsidies for critical minerals. As we know, Gina is a major investor in rare earths and lithium. Gina, as we also know, is a huge LNP donor. Problem ? What problem ??

I can't wait to see the budget reply speech.

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it can only happen with very costly govt subsidies.

the tax credit system seems a more reasonable means of incentivising business but any builder of a nuclear power plant will be wanting immediate govt support - no delay. they'll want the govt to pay for the build.
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