Friday, March 16, 2007

6.5 Billion Dollars

What could a government do with 6.5 billion dollars? I'd forgive you if you said "Make serious reductions in greenhouse emissions" because that would be the intelligent response.

But instead, our government uses it to subsidise the coal industry. 6,500,000,000 dollars - every year! With around 20 million people in Australia, that's over $300 per person. I guess it feels good to see a cheap electricity bill. But the bill is only a fraction of the cost. The rest comes out of our tax.

So if you're wondering why renewable energy appears more expensive than coalpower - now you know!

Now, imagine if that money could be re-directed into production of renewable energy...

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