Aluminium exports taxpayers’ money

1_67Here’s a clear illustration of biggest proportion of our dirty electricity generation going to aluminium smelting. In Victoria, when we pay 30, we’re lucky if they pay 1.5cents/kWh . Actual subsidy is nearly $0.5B/year, based on best rate for equivalent big desal type user, from Mr Brumby, at 6.5 -1.5 = 5cent/kwh subsidy. Production is 550,000 tonne/yr x 15,000kwh/tonne x $0.05  = $412,500/year. As much again in carbon tax exemption, for which we also pay. Imagine saving $1B/year for proper renewable energy industry and attract people away from sprawling Melbourne to develop regional city like Portland? International cartel of big aluminium smelters make organised crime look ethical. >Read more>

About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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