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Climate Red - News and Views on Climate Change Issues.

spending the future

May 12th 2008 00:04
Talk that the Environment is going to be looked after in tomorrows Federal Budget to the tune of $2.3bn is clearly a gift for the Environment, whether it is repackaging of some prior pledges or not, it is certainly a nice number.
It would be an even nicer number if the government pooled it all together and started a green energy corporation that managed this money and kept it working as a going concern like a Telstra but a massive Green Energy corporation. Instead of giving grants they could hire or re-hire the smart people that have or will be forced to leave Australia to get their inventions commercialised overseas. sounds like a grand plan I know, but with a long term investment horizon, and Governments should be long term, this $2.3billion could turn into a massive asset for Australia and be a MAJOR exporter of Technology and know how, the sum of the parts would certainly be greater than the whole. And yes in case you were wondering, i do find it very frustrating to see the N.S.W government selling power assets, right at the time we should be investing more into power for the long term.
Just think about this, and this is the tip of the ice-berg to what this company could achieve, instead of loaning people money to put water tanks or Solar panels on their houses the Government could just do it and earn the income from power back to the grid and the differential on the cost savings from the water.

I know a lot of people would disagree,call me crazy or pan me that if it was a good idea, surely the 2020 conference would have thought of it, but the numbers over the years would certainly add up, and it would mean instead of our biggest export being our finite natural resources we could export the infinite resource of Australian ingenuity, drive and know how. Instead of our inventions being commercialised overseas like our Solar thermal Tech aka Ausra, we could develop it all ourselves AND we would also be a major contributor to the Climate Change solution, not part of the problem.

Rant over, and I know, never look a gift horse in the Mouth.

cheers

Louie

federal budget environment
photo courtesy of www.morguefile.com

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Comments
6 Comments. [ Add A Comment ]

Comment by katyzzz

May 12th 2008 03:35
I hope that is not a picture of your brain circuitry, Louie, but, so well as the money is WELL spent.

Comment by Louie

May 12th 2008 04:39
jeez Katyzzz, i hope that isn't my brain circuitry either, it looks a bit purple and fuzzy

Comment by Fobzy

May 12th 2008 21:32
Just what I like to see - talk about money, - that's me

Well done Louie, I'm back in the UK, brrrr it's cold here still and I am still recovering from jet lag, I did a stopover in Kyoto, that's bound to interest U.

Comment by Louie

May 12th 2008 23:16
Yes Fobzy, Kyoto is very interesting, how did you find it? Lots of Cherry blossoms this time of year?

Don't worry it must be about to get warm in the UK, you'll be right.

Comment by Lilla

May 14th 2008 08:37
Louie,

You have outlined some really good ideas here, I like the way your mind works.


Comment by Louie

May 14th 2008 09:15
Thanks Lilla........................

If only the powers that be would listen..... we did a submission for Garnaut but I only thought of this after it...... as you say *sigh*

P.S they had free champagne after the conference and gave me a bottle of wine for my troubles, felling a little tipsy, best not go getting into orble fights

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