Yeah, imagine if the Feds started down this path 10 years ago. Could have been so much further advanced. Now a nuclear deflection is the latest derailment.
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imagine if we had invested in UNSW solar technology instead of allowing it be stolen by foreign student who.was then supported by his government to dominate the industryYeah, imagine if the Feds started down this path 10 years ago. Could have been so much further advanced. Now a nuclear deflection is the latest derailment.
I'm not familiar with thatimagine if we had invested in UNSW solar technology instead of allowing it be stolen by foreign student who.was then supported by his government to dominate the industry
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I'm not familiar with that
I get the fact checking, but to have the arrogance to say the show will be cancelled after this??....lolololol.
I get the fact checking, but to have the arrogance to say the show will be cancelled after this??....lolololol.
Since Labor was elected in 2022, we've brought online new electricity that is the equivalent of more than 3 entire Snowy Hydro schemes
So the decision is to have 95% renewables… the cost of the gas compared to going 100% renewables is what needs to be worked out.
In order to cover that 5% we might need an extra 50% renewables.
imagine if we had invested in UNSW solar technology instead of allowing it be stolen by foreign student who.was then supported by his government to dominate the industry
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the same people behind the transfer of tech are behind extracting $2B from our own government now
China's local governments are tapped out and many broke, thus the global hunt for more dollars is on. Our own government has already been conned.
What was the cost of subsiding fossil fuels for the last 10 years?
Dumb people think this is a fossil fuel subsidy.
There is a tax imposed for roads, it is applied to Petrol and Diesel.
Farmers , miners etc do not use roads for a lot of their equipment , so do not need to pay the road tax. They are able to claim back the tax on the fuel used off road.
Dumb people think this is a fossil fuel subsidy.
( or people who are pushing their political agenda regardless of reality ).
Dumb people think I was referring only to the petrol bowser… gas, Coal… total subsidies was 14 billion last FY… and that’s before we even talk about how little tax they pay.
How many roads has the public purse built purely for mines?
Welll duh...i dunno, how many have they built purely for wind and solar farms?
They built the town of Yallourn for coal mining, and then dug it up again.
Would have been pretty stupid to have a town there without any roads.
What was the cost of subsiding fossil fuels for the last 10 years?
What was the cost of subsiding fossil fuels for the last 10 years?
I was wrong its not "only" off road vehicles.Do the vehicles maintaining wind and solar farms get the fuel exemption?
I was wrong its not "only" off road vehicles.
Its also transport vehicles.
Fuel tax credits | Essentials to strengthen your small business
smallbusiness.taxsuperandyou.gov.au
Which is kind of ironic, because roads would be a lot cheaper to build and maintain if not for the heavy vehicles.
But there's more, heavy vehicles used on the road have to pay a seperate fuel tax "instead" of the excise.
Their credits are reduced by this tax. ( currently around 30c, so it costs heavy truck businesses 20c/litre less than regular road users.
-----------------------------------T
he reduction in the FTCs for heavy vehicles on a public road is a road user charge (RUC). This charge aims to ensure that the operators of heavy vehicles pay their share of the cost of constructing and maintaining roads.
The RUC is set independently of the fuel excise rate. To ensure national consistency, any change in the RUC rate is considered alongside state and territory heavy vehicle registration fees as part of the annual pay-as-you-go (PAYGO) heavy vehicle charge setting process. The calculation of the heavy vehicle share of government road expenditure costs and charge rates is performed by the National Transport Commission (NTC) who apply pricing principles designed to efficiently recover the cost of providing road infrastructure for heavy vehicles. Ultimately it is the Transport Minister that determines the RUC charge rate.
The RUC is sometimes referred to as ‘notional’ because it is collected through the excise included in the price of fuel rather than by directly charging heavy vehicle operators. The RUC is equal to the amount of the fuel excise that is not refunded to the business through FTCs. A consequence of collecting the RUC in this way is that the fuel-tax-based RUC cannot exceed the excise rate. If the RUC is set at a level higher than the excise rate, the FTC is reduced to zero and the notional RUC paid is limited to the excise paid.
A key advantage of governments recovering costs of heavy vehicle road use through the fuel tax system is that it is paid progressively through the year on a PAYGO basis rather than as a large annual fee.