IMO the Vic Government is on the right track by...

  1. 22,425 Posts.
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    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.

    https://hotcopper.com.au/data/attachments/6306/6306549-a58dba8ee21d45fd716e13de971c6018.jpg


    Last edited by moorookamick: Friday, 08:52
 
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