No renewable sector has succeeded without huge Government intervention.
Renewables are not alone in this. There are many industries dependent on government subsidy. Think for example of the fossil fuel industry in Australia. From a document on the Parliament web site:
in 2020-21, Australian Federal and state governments provided a total of $10.3 billion worth of spending and tax breaks to assist fossil fuel industries.
So it would seem the fossil fuel industry is not viable either without government intervention.
- Forums
- ASX - By Stock
- Ann: Redflow undertakes capital raising
No renewable sector has succeeded without huge Government...
Featured News
Add RFX (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.63M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
RFX (ASX) Chart |
Day chart unavailable
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online