|©Steve Hunter. Source: Andy's Rant|
Solar and wind power was subsidised by $65 billion in 2012. And because the total climate benefit was a paltry $1.5bn, the subsidies essentially wasted $63.5bn. Biofuels were subsidised by another $20bn, with essentially no climate benefit. All of that money could have been spent on healthcare, education, better roads or lower taxes.Case Smit, co-founder of the Galileo Movement, has sent the following letter to his local member, Warren Truss, and to various newspapers. He recommends that we all do the same.
The Government is looking for savings. Drop the subsidies on useless renewables and they have an immediate $65 biilion added to their bottom line. Are they smart people who are putting us on, or by imbeciles who really mean it?