Mining companies profit from coal cap

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Taxpayers will foot the bill for compensation costs mining companies will incur due to the government’s coal price cap scheme.

The move is set to anger the Greens Party and the crossbench who are opposed to compensation to fossil fuel companies.

It’s believed power stations across Australia’s east will be reimbursed if they’ve already paid for coal above the $125 cap.

 

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this is just socialist kleptocracy in action

This was all pointed out before they applied the caps by many people but everyone was too busy singing Albo’s praises and poo pooing the nay sayers

They're over a political barrel....don't roll over.. .

These who voted for the greens should foot the bill!

I think the government’s gonna need more caps! LOL

Fantastic

How F*cked up is this...but in the end ,when all said and done....its tax payers that get f*cked in the arse by our inept woke politicians

The Australian government is beyond ridiculous and will have is all living in cardboard boxs

why doesn't SKY tell all Australians....its the energy cartels that pay no tax that bleeding the country and the world dry.

How to cripple a country. Welcome to socialism mfrs

Yeah no shit. The orchestrated wealth-transfer continues. You'll own nothing and be happy. ControlledEconomicDemolition SlaveryThroughEnergy TheGreenAgenda ClimateScam

Ty lbr voters

Wtf

Where are Albos supporters now? Not a word.

Maybe the $250 savings were the extra tax we paid along the way.

Welcome to clown world

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