Using OUR tax dollars to produce ‘clean coal’: why it’s immoral!
You know I accept the science of global warming, but even if you are a science sceptic, using more taxpayer dollars to support coal companies is morally indefensible. Let me explain why.
The Australian Government subsidize fossil fuel companies to the turn of $12 billion a year (though the IMF says closer to 29 billion). BHP, ExxonMobil Glencore are three of the largest coal and gas mining multinationals in Australia, share in that government subsidy but through various means pay little or no tax on their multi-billion dollar profits. Our coal-fired power stations receive highly subsidized coal, and yet they are now more expensive than wind and solar.
Coal is our worst polluter, and coal mining companies have had 15 years to make the ‘clean coal’ technology viable through their research and development arms. But instead of paying for their pollution we, the taxpayers, are being told that we must give them further financial support.
Then Treasurer Scott Morrison MP in February, 2017. Image from gizmodo.com.au