IMO the Vic Government is on the right track by requiring majority ownership of wind and solar in the state.
The renewables being smaller and more generators is a great opportunity to "buy back the farm"
In the 1980s the floating of our AUD was dependant on the privatisation of SOEs. Unfortunately some of our Generation Plants were flogged to foreigners including the Chinese.
IMO its fair that if taxpayers funds are used to develop Solar and Wind , that the taxpayer should have the major equity stake in these projects . This is also a good reason why we should not be going Nuclear because Nuke plants would end up being foreign owned
So in summary, the electrification of our national fleet will mean better Aussie equity in the system dealing out multinational oil companies who have crueler us at the bowser while paying minimal Aus corporate tax.
And the bonus is improved trade balances as the $50 Billion P/A oil import bill is gradually phased out.
