General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Sky News Australia
comments
Comments by "" (@pwillis1589) on "‘A race to announce this policy’: Subsidies for solar panels being drafted by both parties" video.
Fossil fuels are subsidised so why not?
1
@Diponty In NSW, Australia, we have significant government subsidies to both the coal, and oil industries in the form of rebates for the use of diesel and grants to the coal industry all payed by the taxpayer. Virtually the entire infrastructure that supports the coal industry was payed for out of taxpayer funds and much of the maintenance of the transport of coal is still heavily subsidised by the state government.
1
@NoWindNoSunNoPower G'day, the following data is all available publicly from the NSW government budget papers and relates to the year 2023-24 and is for NSW only. I can go into the the detail of the other states, but this would make my reply extremely long. $17.3 million to the remediation of high risk coal mine sites. $6.17 million for geoscientific advice to the coal industry. $8.965 million to the DRNSW Mining, exploration and geoscience program. This partially funds both the coal and oil industry. $27.2 million to the coal innovation fund. I do of course accept that Coal royalties contribute 2.9% of state funding, so it isn't a one way street. Federally the Commonwealth owned ARTC spent $113 million on upgrading the Hunter Valley coal railways. Then there is the Fuel Tax credit Scheme which allows businesses to claim a tax credit on fuel used in machinery and vehicles over 4.5 tonnes not used on public roads. This tax break works to make fossil fuel use cheaper for energy intensive businesses, such as coal mines. Fuel tax is not linked to road funding it just goes to general revenue. Nationally this costs the Federal government $9.6 billion. All up NSW budget papers have NSW spending $60 million on fossil fuel subsidies this financial year. This is just NSW, similar spending applies to all the states and territories.
1
@NoWindNoSunNoPower Here is just one example. $140 million of federal funds to upgrade and maintain the coal railway infrastructure in the Hunter valley. That is a straight out fossil fuel subsidy.
1
@NoWindNoSunNoPower What a ridiculously stupid reply. By that definition any subsidies to renewables are investments as well. I honestly can't believe how idiotically stupid your attempted argument is. That federal money is money the fossil fuel didn't have to spend and allows it to keep its coal price lower. That is a subsidy, despite your clown like attempts to suggest otherwise.
1
@NoWindNoSunNoPower Hilarious. Look up the meaning of subsidy in the Oxford or Cambridge dictionary or, for that matter, any dictionary in the entire world.
1