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#subsidies

2 posts2 participants0 posts today

Given U.S. #consumption is so important globally (two-thirds bigger than #EU consumption!) the #world 's #governments have now few options to counter #Trump 's #trade #war : #state #subsidies to impacted sectors and #economic or #fiscal stimulus to avoid #recession (both triggering higher public #debt ), counter-tarrifs, and new free-trade agreements with other countries. In most cases it will be a mixture of all and reconfigure #global trade flows and #market mecanisms.

rssfeed.media/@abcfeeds/114233
Ring the ALARM Bells…. #Privatisation of public transport infrastructure ensures a decline in services and early retirement of infrastructure assets due to cuts made in order to produce profit for investors. Private enterprise strip the assets bare and then put their greedy little hands out for govt #subsidies to get them out of presumed financial trouble (no one is looking at their deep pockets full of stolen $$ here). It has always been so, it will always be so… what’s so hard to understand here? It plain old #StateTheft. Your tax money going straight into private pockets.

After, God I don’t know, one hundred years, govt still make the stupidest decisions and hand over public assets for ‘stripping’ by grifter mates…

Come on Aussies. Don’t vote those fuckers in again… Jezzzz…

RSSFeed MediaABC Feeds (@abcfeeds@rssfeed.media)Minister 'happy to consider' privatised rail and bus to Sunshine Coast By Josh Dye and Robert Burgin Queensland's transport minister says he is open to "investment from any party" to get the Sunshine Coast's multi-billion-dollar public transport system built before the 2032 Olympics. https://www.abc.net.au/news/2025-03-27/sunshine-coast-rail-bus-network-privatisation-fears/105101438 #Infrastructure #PublicTransport #TransportIndustry #OlympicGames #StateandTerritoryGovernment #FederalStateIssues #RoadTransportIndustry #RailTransportIndustry #JoshDye #RobertBurgin

Filmvertoning: Food for Profit in #filmhuis #KINO, #Rotterdam, georganiseerd door #PvdD #ZuidHolland:

Woensdag 19 maart een exclusieve vertoning van #FoodforProfit – een #documentaire over hoe de #vleesindustrie, machtige lobby’s en Europese #subsidies samenkomen ten koste van #dieren, #natuur en #gezondheid.

Neem gerust een introducé mee. Vermeld dit bij je aanmelding: cloud.partijvoordedieren.nl/ap

Beelden in de docu kunnen als schokkend worden ervaren.

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"Over the years, #Musk and his #businesses have received at least $38 billion in government contracts, loans, #subsidies and tax credits, often at critical moments, a Washington Post analysis has found, helping seed the growth that has made him the world’s richest person.
The payments stretch back 20 years. Shortly after becoming #CEO of a cash strapped #Tesla in 2008, Musk fought hard to secure a low-interest loan from the #EnergyDepartment."
#welfare
#elonmusk
washingtonpost.com/technology/

The Washington Post · Elon Musk’s business empire is built on $38 billion in government fundingBy Desmond Butler, Trisha Thadani, Emmanuel Martinez, Aaron Gregg, Luis Melgar, Jonathan O'Connell, Dan Keating
Continued thread

"Unless the public pushes back, Canadian politicians may soon commit billions more in public subsidies to an already highly subsidized fossil fuel sector with little hope of reclaiming their investment.

Intimidating Canadians into committing tens of billions of dollars to fund fossil fuel projects that have little hope of ever paying for themselves or turning a profit, may do more to destroy Canada’s economy than tariffs alone."

#fossilfuels #subsidies

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nationalobserver.com/2025/02/1

Canada's National Observer · Forget pipelines — the U.S. trade war is our chance to decarbonizeEnergy sovereignty is economic sovereignty, and there’s no faster route to energy sovereignty than by harnessing the fully renewable energy resources that are already abundant within Canada and whose value is not dependent on export markets.

Local generation, storage & management of solar power is the way to go. State governments & local councils could be leading this.

Until then - why not use a wholesale provider like #Amber? Customers pay a monthly connection fee plus a subscription fee of $19, then buy & sell power at market rates. Households with solar systems have their output curtailed when feed in tariffs are negative (as happens often), export solar power when prices are positive, & if they choose to, export from battery when prices are high. You can allow the system to automate the process or you can control it yourself. This is cost effective for households that have a battery, although those with panels only may see no financial benefit compared to standard retail plans (it’s very difficult to compare relative costs of a curtailed system with those from the same system operating without curtailment, so wholesale plans don’t appear on cost comparison sites). For households with no solar, if you’re able to shift most of your usage to times when there’s lots of solar in the grid, costs are Way Way Cheaper. We did this before we had solar installed & the difference was Huge. If you need to cook dinner every evening or like to heat your house a lot, savings are not so much.

Whatever our situation, buying electricity #wholesale makes it immediately easy to see where our power is coming from & to make informed choices. It allow allows us to support the grid, & our neighbours.

#Subsidies to support households installing #batteries to back up new or existing systems, along with investment in local area generation & storage, would lower power costs for everyone while protecting the grid.

Why are we not doing this? Anyone?

Whose interests are served by keeping debate focused elsewhere?

#YeahRight #politics #policy #power #solar #electricity #CostOfLiving #AusPol

abc.net.au/news/2025-02-18/sol

ABC News · Solar households in virtual power plants a part of 'Australia's electricity future'By Daniel Mercer

After laying off thousands of employees (8% of #JPL's workforce) under the #Biden administration and putting on hold the #MSR mission, while favoring "space economy" (a euphemism for subsidizing the space industry) and calling upside-down moon landings and half baked private missions a "success", now

#NASA is being audited by their contractor #Musk and his DOGE team.

As conflicted as this may sound, that's today's reality in #USpol

bloomberg.com/news/articles/20