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The solar industry on the skids (Read 1646 times)

rabbitoh07

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Re: The solar industry on the skids
Reply #15 - Mar 21^st, 2013 at 12:58pm

hadrian_now wrote on Mar 21^st, 2013 at 9:19am:

What subsidies does coal get?
I don't know about nuclear but I don't think it is subsidised in the OECD economies.

Coal and gas paid $7b in subsidies
THE State Government has poured almost $7 billion in subsidies into the coal and coal seam gas industries in the past five years, an economic study shows.
http://www.couriermail.com.au/business/coal-and-gas-paid-7b-in-subsidies/story-f...

The real cost of coal is quickly adding up
The whole mining industry receives a subsidy in the form of a tax credit on the diesel that fuels the trucks and machinery. Unlike the rest of us, mining companies do not pay the federal government tax on fuel. This subsidy currently amounts to $2 billion a year or an $87 annual contribution from every Australian.

NSW residents subsidise the price of coal to power stations as well as pay higher electricity prices.
http://sydney.edu.au/news/arts/2228.html?newsstoryid=9323

Coal curse: the black side of the subsidised resources boom
The rise of coal would not have been possible without state and federal government backing. Coal royalties are definitely important for some state finances (for example, $1.17 billion in NSW in 2010-2011, although predicted not to grow because of declining world prices). But the extent of government financial support for the industry is noteworthy.

Direct subsidies include coal terminal leases and the provision of infrastructure to transport coal to electricity generators or to port loading facilities. Federal government funding for the Hunter Valley Corridor Capacity rail upgrade totals $855 million.

The whole mining industry receives a subsidy in the form of a tax rebate on the diesel that fuels the trucks and machinery. This $2 billion a year subsidy amounts to $87 annual contribution from every Australian.

Governments provide many high-energy users like miners with cheap electricity. For example, while household and small business electricity prices in NSW are rising at around 15% per year, wholesale prices paid by industry have not risen for 12 years. NSW residents subsidise the price of coal to power stations as well as pay higher electricity prices.

The previous Labor government undertook to supply coal from the NSW government-owned Cobbora mine to electricity generators at a third of the price that coal could sell for in export markets, in order to secure the viability of state generators prior to privatisation. As a result, the government (and the people of NSW) will forego $2.7 billion in revenue, based on current export prices, through to 2020.
http://www.miningaustralia.com.au/features/coal-curse-the-black-side-of-the-subs...

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hadrian_now Gold Member Offline Australian Politics Posts: 1041 Gender:	Re: The solar industry on the skids Reply #16 - Mar 21^st, 2013 at 3:11pm liberals are really communists in disguise. They believe in business as long as it's a monopoly and no one else can compete if that was the case rusty I wouldn't be continually campaigning against the supermarket duopoly (actually it's worse than that) and other anti-competitive behaviour.
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Sir lastnail

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Re: The solar industry on the skids
Reply #17 - Mar 21^st, 2013 at 4:01pm

hadrian_now wrote on Mar 21^st, 2013 at 3:11pm:

liberals are really communists in disguise. They believe in business as long as it's a monopoly and no one else can compete

if that was the case rusty I wouldn't be continually campaigning against the supermarket duopoly (actually it's worse than that) and other anti-competitive behaviour.

when it comes to energy you libbos are classic communists.

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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