Why are we paying so much for energy when huge Aust energy resources are being sold off to China and other foreign investors at bargain basement prices. The sell off/trade off should incorporate greatly subsidised energy prices for all Aussies struggling to meet rising gas and electricity bills.
TRU energy a Chinese owned company taking all profits offshore is a good example.
http://www.crikey.com.au/2009/11/12/calling-truenergys-cprs-bluff/
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Peter Batten, MD
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