Environment a loser in the budget

Much has been made of the government’s commitment of $1.5 billion to a ‘Solar Flagships’ program in the budget.
The project, spread over six years, will establish 1000 megawatts of solar electricity, the same as a single coal-fired power station.
The funding shows what is possible if the government was willing to seriously commit to a green transition.
But a look at the rest of the environment funding in the budget shows that isn’t the case.
In addition to the billions going to business through the CPRS, Rudd will throw $2 billion directly to the coal industry for ‘clean coal’ or carbon capture and storage–a still unproven technology.
$500 million was recently put towards a new coal line in the Hunter Valley, more than the entire funding for ‘Renewables Australia’.
$4 million was also allocated to pursue a nuclear waste dump in the NT.

Magazine

Solidarity meetings

Latest articles

Read more

Dutton’s nuclear power plan aims to extend coal power

Coalition leader Peter Dutton has attempted to breathe new life into nuclear power as a serious energy policy option.

NSW Labor funds coal power extension in climate failure

The Minns Labor government in NSW has struck a deal with Origin Energy to extend the life of the coal-fired Eraring power station from its original closure date of 2025 until 2027.

Labor locks in gas expansion in new crime against the climate

Labor’s new gas strategy pledges its support for a massive fossil fuel expansion, going all out to back mining industry profits.