"A lot of those projects that we've had discussions with are looking for substantial subsidy or support and substantial timeframes to get there.
Asked by Greens senator Sarah Hanson-Young if he would be opposed to a renewables-led recovery, Mr Power said: "No." He added that the focus was on a recovery with commercially viable businesses that were globally competitive. Greens senator Rachel Siewert and Labor senator Katy Gallagher asked Mr Power and officials from the Department of Prime Minister and Cabinet about the status of the advice but the officials would not say if the advice would be acted on.
The NSW government has backed the Santos project on the understanding the gas would go to the domestic market and would not be piped north to the export terminals at Curtis Island in Queensland.
CroweDM Nev is a gas man through and through. The bullshit from this government is palpable. They really think the people of Australia are as thick as planks and the ones who voted these shitters in really are that thick.
CroweDM The Gov doesn't have money to underwrite anything. It's our money
CroweDM Gas? Not a safe investment of MY taxes!
CroweDM By appointed friends full of gas. What a disaster.
CroweDM This is Bonkers!
CroweDM Morrison appoints his fossil fuel guy to lead a tame “Commission”’he stacks with LNP supporters/resource industry reps: and anyone’s surprised they didn’t recommend a same, renewables-led future! For anyone that gullible I’ve got a bridge to sell - great Opera House views!
CroweDM Captured and corrupt LibLab has no plan to build a productive and competitive economy with real jobs. It just wants to hand our country over to cartels and oligopolies. Wheres the plan ScottMorrisonMP. Stop being a traitor
CroweDM More corporate welfare! 😠 This from a government that claims it's a free market champion!
CroweDM Advised by who? Their gas industry mates on their specially selected panel?
CroweDM I thought the LNP/IPA believed in free enterprise since when do taxpayers give handouts to unprofitable industry ask Abbott about the car industry
CroweDM !!!!!
CroweDM No.
CroweDM
CroweDM Oooh. Really? Who could have predicted it. Bring on the End Times.
CroweDM 'guaranteed off-take through infrastructure' to boost supply' they are demanding guarantee So much crap Do it on the economic case not on gov guarantee
CroweDM 'top business advisers'!
CroweDM Nev’r know where that recommendation came from, hey JobShirker?
CroweDM What a surprise
CroweDM Ol Nifty Nev Power he's as dodgy as a $3 bill
CroweDM Advised by the Covid Commission littered with Gov gas industry mates and donors? What a surprise. Not. And Australians pay a fortune for our own gas.
CroweDM SMH IS A PAPER YOU WOULD ONLY WIPE YOUR ARSE WITH !!
CroweDM Hey Scooter, why don't you just hand the money over to Nev Power in a sack with a dollar sign on it?
CroweDM Small point of note: governments underwrite nothing. These are taxpayer dollars. Taxpayer dollars the Govt tells us can't keep old people alive, young people safe & educated, or lift up the poor & marginalised.
CroweDM except the market has moved onto renewables and gas assets owners now exposed like a shag on a rock
CroweDM Unsurprising that a one trick pony (Nev Power) performs the only trick it knows.
CroweDM No conflicts of interest here! What other businesses in a declining demand market, in this case due to clean energy uptake, would qualify for taxpayer guarantees for their business? Disgraceful self interest and lack of innovation by COVID Commission!
CroweDM that is the most stupid thing If it was economic Santos or a pipeline company would have done it without BEGGING BOWL The fact is too costly n uneconomic
CroweDM Yep. Privatise profits. Nationalise losses. Always been a great policy for the “we love capitalism and greed” gang.
CroweDM LOL. Vested interests telling the government to spend taxpayer money on their businesses.
CroweDM Gasprom comes to you. It’s fascinating how much the Coalition copies Putin - journalist raids, gas oligarchy, secret trials, spying on citizens and inventing new bizarre terms like Secretive Democracy (compare to Putin’s Sovereign Democracy).
CroweDM Wow, it's almost like when you hire rich gas executives to write policy, they will advise that the Government further enriches them by propping up the gas industry
CroweDM Gee, executives from gas companies advise the government to give them money. Who would'a thunk it!
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: smh - 🏆 6. / 80 Read more »
Source: SBSNews - 🏆 3. / 89 Read more »
Source: newscomauHQ - 🏆 9. / 77 Read more »
Source: SBSNews - 🏆 3. / 89 Read more »
Source: smh - 🏆 6. / 80 Read more »
Source: abcnews - 🏆 5. / 83 Read more »