The federal government has promised billions towards the NSW government's renewable energy zones.abc.net.au/news/federal-government-commits-4-billion-dollars-to-nsw-renewables/101795472The federal government has committed $4.7 billion to help fund renewable energy infrastructure in New South Wales, as part of the national energy deal to combat escalating bills.The NSW government has already committed $3.
"The Commonwealth has worked hand in glove with the states and territories to shield Australian households and businesses from the worst impacts of the energy crisis caused by Russia's illegal invasion of Ukraine," he said. It is one element of the national package which also includes bill relief to people on Commonwealth support payments.
"This is our opportunity to invest in our future industries that will drive jobs and wealth creation in our state.""This is a huge win for NSW that will create new energy jobs across the state and unlock cleaner, cheaper and more secure energy," NSW Energy Minister Matt Kean said.
Elbow wasting taxpayers money...again
Taxpayers money being used to build new transmission lines who will then be slugged to pay for the cost by a private company cos they will buy them at a high rate of interest on their borrowings.
I thought renewables were supposed to be cheap and not need government subsidies to compete.
A dictator & an international cabal trick rich soft hearted westerners into giving up their energy security while transferring billions to the dictator who has plans to enslave the westerners once they are sufficiently weakened. Ian Flemming couldn’t have made this up.
More waste, imagine thst going to hospitals , the poor etc . Labor will destroy this country .
Have to start somewhere and has to happen! Give coal the flick. All this should have been transitioning 30 years ago.
4.7billion for zero additional generation capacity.
at last we will own some power infrastructure........maybe buy back some like Victoria
East coast Albo. Australia is a big country AlboMP Time to share the love west of the great divide. Auspol
Money is endless when it comes from the globalists