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Valen Ron
Sky News Australia
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Comments by "Valen Ron" (@valenrn8657) on "Australia has become an ‘international laughing stock’ over energy crisis" video.
Large reserves with gas, coal, and uranium, and Australia having problems with energy is a fuking joke.
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@Lee-de2wl Teals/Green/Left in the financial sector and in governments have been shutting down coal plants.
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Australia still exports millions of tons of coal and natural gas to countries like China, South Korea, and Japan at the expense of Australia's internal market. About 90% of Australia's gas and mining industry is foreign-owned. Extreme Milton Friedman's liberal economic theory has flaws. Teals/Left/Greens demanded government intervention for green energy. Government intervention has its own flaws.
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Refer to coal power plant shutdowns and teal/green financial institutes.
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Turnbull has a Teal climate change position.
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When it comes to education and health care costs, Australia is not the USA. China has its own interest China 1st a.ka China 2025.
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That's a FALSE narrative. Energy Australia and Alinta Energy are both owned by Chinese companies. Two of Australia's biggest energy companies are owned by Chinese investors, sparking national security fears as tensions ramp up with the communist superpower. Energy Australia, which has 1.7 million customers, is owned by the China Light and Power Company after being sold off by the NSW government for $1.4 billion in 2011. And Alinta Energy, which has 1.1 million customers, was sold by its private owners to Chow Tai Fook Enterprises for $4billion in 2017. China has its own interest China 1st a.ka China 2025. Australia's retail energy markets have a multitude of private players but the big three are AGL Energy, Origin Energy and EnergyAustralia, which dominate southern and eastern Australia..
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In the ACT, the ACT government owns 50 percent of ActewAGL Distribution Ltd. The other half is owned by Jemena, in which China's State Grid Corporate (CCP state-owned enterprise) holds a 60 percent share. The remaining 40-per-cent share in Jemena is owned by Singapore Power International. ---- Cheung Kong Infrastructure/Power Assets owns a 51-per-cent share in both CitiPower Electricity Distribution Network Victoria and Powercor Electricity Distribution Network Victoria.
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In South Australia, Cheung Kong Infrastructure/Power Assets owns a 51-per-cent share, on a 200-year lease, in SA Power Networks Electricity Distribution network. The transmitter in that state, ElectraNet, is partly owned by State Grid Corporation (CCP state-owned enterprise) at 46.5 percent, it holds the largest share.
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Teals/Green/Left in the financial sector and in governments have been shutting down coal plants.
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Left, teals and greens.
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