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Flat White

Budget 2020: Government keeps feeding poison to the power system

10 October 2020

2:00 PM

10 October 2020

2:00 PM

The budget allocated $8.7 million to assist the Vales Point generator in New South Wales in a $100 million upgrade that is now virtually complete.  The funding is so conditional that it is unlikely to be used, yet the decision has sparked outrage from the wind and solar lobby — a lobby lubricated by $7 billion a year in subsidies, one thousand times that conditionally offered to Vales Point. 

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