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Just six months, six bloody months and they chucked the towel...

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moondoong

47,694 Posts.

09/08/24

12:23

Post #: 75140724
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Originally posted by DrStrangelove ↑

Anyone remember this:

https://www.copyright link/politics...nto-solar-panel-manufacturing-20240321-p5fe45
The Albanese government will dedicate $1 billion in subsidies, grants and other forms of support to the domestic production of solar panels, including in the coal-rich Hunter Valley.
As part of a budget package that will attempt to rival the Biden administration’s Inflation Reduction Act, the prime minister will unveil his latest policy on Thursday at the site of the decommissioned coal-fired Liddell power station in NSW...
I'm guessing Malcolm didn't lose on the deal?

https://www.copyright link/policy/e...courts-manufacturing-partners-20240807-p5k0cb

SunDrive, a high-tech solar panel manufacturer backed by Mike Cannon-Brookes and Malcolm Turnbull, is halving the number of staff even as it courts global partners for its next stage of development.
The restructure of SunDrive, which includes the replacement of its chief executive, will raise new questions about Labor’s controversial $1 billion Solar Sunshot incentives program, which has already been criticised by economists, ahead of the next federal election...

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Just six months, six bloody months and they chucked the towel in.

I said at the time it was a very stupid decision and so it is.

Idiots.
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