Climate Change, page-1017

Whether you think its ideological claptrap or not, it doesnt matter. Its what's happening around the world.

"Of the investment in the future of Australia, who is to say renewables result in more "job creation, national security, innovation and future cash flow" than other potential national interest alternatives; for example, computing technology, biotechnology, aerospace, medical specialisation, agricultural research, artificial intelligence, cybersecurity, synthetic biology etc."

They will all probably result in great opportunities. Why limit the options.

"So, you reckon we need to set up manufacturing base to supply products in case there is an international supply side shock, such as a global pandemic?
Gosh, as you really that dumb?"


Are you really that dumb? I gave one recent example. You want more? Perhaps war breaks out, perhaps shipping channels get blocked, perhaps shipping becomes very very expensive, perhaps trading partners decide to work with someone else. Are you really that dumb?

"Because after that supply side shock has passed and competitive imports are able to resume, what happens to that domestic manufacturing base?
Does it get shuttered in, awaiting the next pandemic or similar supply shock, or is it kept alive courtesy of the taxpayer teat?"


Why does it have to stop?
Kept alive courtesy of the taxpayer teat? oh you mean like manufacturing industry?

https://australiangrants.org/industries-the-australian-government-is-supporting-right-now/

https://www.pc.gov.au/media-speeches/articles/pc-news/pc-news-june-2018/trade-assistance-2016-17#:~:text=Manufacturing%20receives%20the%20majority%20of%20industry%20assistance&text=This%20comprised%20%246.8%20billion%20in,%247.2%20billion%20in%20tax%20concessions.