Australia's largest stock trading and investment forum Australia's #1 stock forum

Why shouldn’t renewables be subsidised?, page-2

First 2 Last

Share
Profile

Follow
TheColonel

13,184 Posts.

7

22/09/18

22:06

Post #: 35777555
Share

Originally posted by poyndexter ↑

Serious question.

What is it about renewables that causes conservatives apoplexy at the prospect of government subsidies?

Conservatives are happy for private and catholic schools to be subsidised, medical care to be subsidised, the middle class to be subsidised, aged care and disability sufferers to be subsidised, public transport to be subsidised, superannuation and wealth creation to be subsidised, owning multiple properties funded by negative gearing subsidies is ok too ... the this goes on ... hell, they are even keen to subsidise coal mines, as in at least Adani’s Carmichael Coal mine in northern Queensland.

All the above examples are examples of market intervention by government.

So, why the problem with subsidising renewables as a market intervention to transition to cleaner renewables future?

Are conservatives being discriminatory “subsidists” ?

Dex

Expand

Didn't work to well for the car industry. People complain about money going offshore to the big multinationals and pension funds. Case in point.
13 Upvote

Reply

Top Stories

PTX

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

WA8

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

There are more pages in this discussion • 63 more messages in this thread...

First 2 Last