Not in tax any more happy to say. I do know I and almost all of us get direct and indirect payment via the tax system. Mine are small.
Not suggesting Oil, gas and Coal are the only ones getting Tax payer subsidies.
On replacement revenues the news is very very good. Uranium, Hydrogen, Green steel and Aluminum from hydrogen or Cheap solar, wind.... may make the change from export ore from Australia to end product much cheaper here. :)
An EV has 4 times the volume of Cooper to our current cars I think I mentioned?
Revenue replacement one. Job shifts is two. There is a list of other bits of course. We are in a very very lucky place with several huge natural and political legal stability advantages over most other locations.
Aluminum is made where ever there is very cheap power. With China choking on pollution created making stuff now even they are changing how to get power as quickly as possible. They are currently cranking up Aluminum output which is due to a war and demand hitting the prices.
I wonder if Alcoa just might change tact at its Portland smelter? I just looked- My FAV 3 bays marathon is safer perhaps?
"
PITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation (NYSE: AA) announced today that the Portland Aluminium joint venture plans to restart 35,000 metric tons per year (mtpy) of curtailed capacity at its aluminum smelter in the State of Victoria in Australia.
The process to restart the capacity, which has been idle since 2009, will begin immediately, with metal production expected to start in the third quarter of 2022.
Portland Aluminium is an unincorporated joint venture with 358,000 mtpy of total capacity, and Alcoa Corporation has 197,000 mtpy of consolidated capacity. Once the restart is complete, Portland Aluminium will operate at approximately 95 percent of total capacity and Alcoa Corporation will have approximately 186,000 mtpy of its consolidated capacity at Portland operating."
What does Alcoa's choice say? "Power will be cheaper here", jobs will stay here, industry will move here to me! Personally I see power likely to be cheapest at the HUGE solar, wind, hydrogen, ammonia.. production plans in Western Australia. Blind Freddy can see that[biggrin]
Iron ore to go overseas or stay here? Which makes more revenue? Which would you prefer to see? Personally I want some iron ore in a Hazer hydrogen plant ASAP here there and everywhere myself[biggrin]
The human and political negatives of killing people with pollution in China are clear.
The positives of moving massive $$$$$$$$ subsidies from dead and dying coal and similar sectors to the NEW ones is also very clear. New and larger revenue for our country. More jobs and safe and stable power.
Every one can and does have there own views on this of course. The coal dead cat bounce is occurring now. Money can and will be made.
On the bright side We all owe coal power a lot. On the dark side all of us and our kids have a huge ongoing debt due to that benefit we can now all see from the coal burnt and the C02 emission.
Back on EV specific The Traralgon Marathon on in June. Is there a Fast charger? I have - not really a problem as my quirky ev even at a turtle power plug charge rate gets me there and back[biggrin] - I just looked Moe has one[thumbsupbig] $6-18ish will be much cheaper that the train and sooo much cheaper than my Disco drive. A free 22kw charger that may or may not work is at "Traralgon Centre Plaza" Its a Tesla destination charger. They can be wired for everyone or just Tesla's They are often a PITA to use anyway. One hour time limit for example in Warrnambool with at least two hours charging to get to another location just one silly bit with that type. Warrnambool Tesla destination charge is also located at the wrong end for my car[bighmmm] I skip it entirely now.
Not sitting Traralgon Centre Plaza for 4 hours or do I just park it there while I run the marathon? So many questions. The big one is will I finally get under 4 hours again this run? Really that is my main aim [bigrolf][bigrolf][bigrolf] My sub 3 dreams are fading[bighmmm]
