Labour are more likely to be forthcoming and generous in terms of grants to this industry. Kevin Rudd some months back on Lateline, without reference to any particular company, mentioned his enthusiasm for South Australian geothermal energy. John Howard is a climate-change skeptic.
Expected election date is early December, and there's bound to be lots of public discussion of global emmissions further raising public consciousness. Both parties will be throwing the $14B surplus around, some of which is bound to flow to GDY and other green industries. A Labour win, which by current polling is likely, is certain to add further upside to GDY. For once, I'm actually looking forward to Christmas.
RNE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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