Reminder of how we are financially raped by the parties of coal. Cast your mind back to 2015 and "I've got a b̶r̶i̶d̶g̶e̶ coal mine to sell you":
29/11/24 16:51 Filed in: Energy
Reminder of how we are financially raped by the parties of coal.
Cast your mind back to 2015 and "I've got a b̶r̶i̶d̶g̶e̶ coal mine to sell you":
The Uniparty's Great Wealth Transfer – Coal, Gas, and Nuclear Shenanigans
Suspicious? Feeling Duped? Welcome to the 'Fair Use of Public Funds' by the Liberal National Party (LNP).
Ladies and gentlemen, step right up to witness the breathtaking magic of the LNP’s most illustrious performers – Angus Taylor and Peter Dutton. In the grand circus of coal, gas, and nuclear fantasies, the act begins with taxpayer money disappearing into the pockets of wealthy donors and re-emerging as massive profits for coal barons. Suspicious? You should be.
Act One: The Million-Dollar Giveaway
Enter Trevor St Baker, the coal baron extraordinaire. In 2015, under the vigilant eyes of Gladys Berejiklian and the Coalition, the ageing Vales Point power plant was sold for the princely sum of $1 million. Yes, you read that right – a power plant for the cost of a nice suburban house. Two years later, the plant was revalued at $731 million. By 2020, it was raking in profits of $134.7 million annually. Guess who didn’t see a dime of that windfall? You – the taxpayer.
Act Two: Government Handouts Galore
Despite these astronomical profits, St Baker didn’t stop at milking coal’s dying teat. Oh no, he and his pals lobbied the federal government for $14 million from the emissions reduction fund. When that failed, the LNP generously approved an $8.7 million grant for a plant upgrade. Peter Dutton’s justification? It would keep the lights on. Reality check: Reputable analysts like RepuTex showed renewables and storage would have been cheaper, cleaner, and more reliable.
Act Three: Coal’s Nuclear Cover-Up
Fast forward to 2024, and Peter Dutton has a new shtick: nuclear energy. But wait – where does nuclear power need to sit? Right atop the ashes of old coal plants. Conveniently, Vales Point and its ilk, owned by LNP donors, are perfect candidates for this transition. The playbook is clear – public money props up private profits while they whisper sweet nothings about “energy reliability” to justify a cash grab.
Angus Taylor’s Greatest Hits
Let’s not forget Angus Taylor, maestro of the “give-to-the-rich” symphony. As energy minister, he prioritised fossil fuel subsidies and grants to mates over meaningful climate policy. His tenure is a smorgasbord of public wealth being shovelled into private hands – all while gaslighting the public into thinking this was in their best interest.
The Uni-Party’s Power Play: Crushing Smaller Parties
Now, as Australians grow wise to the racket, what’s the solution from the bipartisan Uni-party cartel? Change donation laws to favour the big players – Labor and the Coalition – and squeeze out independents and smaller parties. Why? Because nothing threatens the gravy train more than genuine accountability. Dutton and the LNP are so beholden to their donors, they might as well wear branded uniforms to Parliament.
Why It Matters
This isn’t just about coal or #nuclear. It’s about systemic wealth transfer – from you to them. Every subsidised fossil fuel project, every sweetheart deal, and every donation-backed policy undermines our democracy and robs us of a sustainable future. Feeling duped yet?
Closing Act: The Call to Action
#AngusTaylor and #PeterDutton are not just policymakers – they’re performers in a rigged game. It’s time to call out the Uni-party’s wealth transfer schemes for what they are: taxpayer-funded theft disguised as economic policy. So the next time they wax lyrical about “energy security” or “nuclear potential,” ask yourself – who’s really paying for it? Spoiler: It’s you.
Source: https://hypalnk.com/ovqd8
Suspicious? Feeling Duped? Welcome to the 'Fair Use of Public Funds' by the Liberal National Party (LNP).
Ladies and gentlemen, step right up to witness the breathtaking magic of the LNP’s most illustrious performers – Angus Taylor and Peter Dutton. In the grand circus of coal, gas, and nuclear fantasies, the act begins with taxpayer money disappearing into the pockets of wealthy donors and re-emerging as massive profits for coal barons. Suspicious? You should be.
Act One: The Million-Dollar Giveaway
Enter Trevor St Baker, the coal baron extraordinaire. In 2015, under the vigilant eyes of Gladys Berejiklian and the Coalition, the ageing Vales Point power plant was sold for the princely sum of $1 million. Yes, you read that right – a power plant for the cost of a nice suburban house. Two years later, the plant was revalued at $731 million. By 2020, it was raking in profits of $134.7 million annually. Guess who didn’t see a dime of that windfall? You – the taxpayer.
Act Two: Government Handouts Galore
Despite these astronomical profits, St Baker didn’t stop at milking coal’s dying teat. Oh no, he and his pals lobbied the federal government for $14 million from the emissions reduction fund. When that failed, the LNP generously approved an $8.7 million grant for a plant upgrade. Peter Dutton’s justification? It would keep the lights on. Reality check: Reputable analysts like RepuTex showed renewables and storage would have been cheaper, cleaner, and more reliable.
Act Three: Coal’s Nuclear Cover-Up
Fast forward to 2024, and Peter Dutton has a new shtick: nuclear energy. But wait – where does nuclear power need to sit? Right atop the ashes of old coal plants. Conveniently, Vales Point and its ilk, owned by LNP donors, are perfect candidates for this transition. The playbook is clear – public money props up private profits while they whisper sweet nothings about “energy reliability” to justify a cash grab.
Angus Taylor’s Greatest Hits
Let’s not forget Angus Taylor, maestro of the “give-to-the-rich” symphony. As energy minister, he prioritised fossil fuel subsidies and grants to mates over meaningful climate policy. His tenure is a smorgasbord of public wealth being shovelled into private hands – all while gaslighting the public into thinking this was in their best interest.
The Uni-Party’s Power Play: Crushing Smaller Parties
Now, as Australians grow wise to the racket, what’s the solution from the bipartisan Uni-party cartel? Change donation laws to favour the big players – Labor and the Coalition – and squeeze out independents and smaller parties. Why? Because nothing threatens the gravy train more than genuine accountability. Dutton and the LNP are so beholden to their donors, they might as well wear branded uniforms to Parliament.
Why It Matters
This isn’t just about coal or #nuclear. It’s about systemic wealth transfer – from you to them. Every subsidised fossil fuel project, every sweetheart deal, and every donation-backed policy undermines our democracy and robs us of a sustainable future. Feeling duped yet?
Closing Act: The Call to Action
#AngusTaylor and #PeterDutton are not just policymakers – they’re performers in a rigged game. It’s time to call out the Uni-party’s wealth transfer schemes for what they are: taxpayer-funded theft disguised as economic policy. So the next time they wax lyrical about “energy security” or “nuclear potential,” ask yourself – who’s really paying for it? Spoiler: It’s you.
Source: https://hypalnk.com/ovqd8