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03/05/25
20:13
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Originally posted by EyeoftheTiger
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The problem with subsidies for renewables in Australia is that it simply stimulates manufacturing in China where they burn our coal and gas to keep their cost competitive advantage.
Australian manufacturing is stuffed thanks to high energy and labour costs, labour costs can be offset with capital deepening, but thus requires low energy costs.
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high energy and labour costs are a result not a cause - manufacturing in australia has been purposely destroyed and both parties have had a controlling hand in it