Don't be fooled - this is the start of the battle.
Its the cottage industry based fossil fuel industry that has soaked up handout$ $$$ from tax payers what ever they like with no real competition vs the new age smart fuel industries. We were getting in the game under Labour but have now been sent packing into the stone ages under the Libs.
Their fossil fuel lobbyist connections are well known, and the govt is trying to its best to give coal and Gas the ascendency as the cheapest source of fuel from and in Australia. Whoops we forgot to reserve some for our own domestic market! How sad. The lucky country whose leader sprouted lines such as 'Australia - the innovation nation' is doing exactly the opposite - and this time next year a new lady will be in power - welcome either Ms J Bishop or Ms C Pine (with Ms T Abbott a smoky to really send us back to the 1940s).
So what's this got to do with the energy industry - tonnes!
This is their last gasp! They cant hold us back until they transition.
A very smart person once told me - 'Innovate or Die' - so yes Malcolm was right verbally but not in action and that is why he will die a slow death along with his cottage industry fossil fuel lobby industries.
Rnd 1 is over but there's another 4 years to come until Australia joins the true modern world.
Transition is not a word in the Coal industry's play book so they will die.
Both companies (ORE & GXY and imho PLS) are not winning this RND 1 battle but will win the war.
The companies that get in early will be billions of MC - THEY'RE NOT SELLING ENERGY ANYMORE THEY'RE SELLING STORAGE PPL!!!
Luck all
