Albanese perpetuates east-coast gas cartel, source of ruinous energy prices. Gas scarcely being a UN-approved fuel, our gas-bonanza is weaponised instead, to punish local consumers and manufacturers.
Leapfrogging these structural impediments, the launch plucks out modish "winners". "Green" hydrogen, "green" or critical minerals, and "advanced" (read solar) manufacturing.
These follow from the local cargo-cult, whereby our bountiful sun, wind, and terrain, will make us a global energy superpower and carbon super-sink.
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Even if this were true, how much (manufacturing) advantage would it confer, when we have third-world population growth plus spendthrift natural-resources management? When we've systematically undermined the preconditions for industrial prosperity?
Ironically, even Superpower Institute disliked Made in Australia. In their fantastic "net-zero world" Albanese should only subsidise true areas of "comparative advantage". Guess what, "green iron".
Twiggy Forrest and Mike Cannon-Brookes duked it out, over their futuristic energy-cable to Singapore. If green billionaire energy projects are such exciting commercial prospects, do they really need subsidies?
Ah well, Made in Australia also includes quantum computing, but with a whiff of crony capitalism in the deal. Like AI, this too requires humungous energy inputs, "abated" close to net-zero no doubt.
Electoral implications
Masquerading as an identity-conscious climate-wise socialist, the authoritarian fixer Albanese is driving too many Australians into substandard accommodation and homelessness.
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His "UN Australia" model ought to galvanise a free-enterprise Liberal Opposition. However, while rebuking Labor lies, Liberals are careful never to commit to low migration. They tiptoe round net-zero, yet risk their electoral appeal, over nuclear power.
In the US and EU, notes TAPRI, strong parties or coalitions channel voter dismay at "progressive" globalisation and mass migration. TAPRI points to Denmark, long on competitiveness and redistribution, short on immigration.
In Australia, Labor, Liberal, Greens, Teals, seem to be waiting for the changing electoral demographic to swing round to the elite consensus. Too much immigration is never enough.
Ominously, the imminent Budget and ensuing election will lock in 250,000-300,000 net-migration annually, as the "normal" or "desirable" minimum. Three-four times too high.
According to the Treasurer's latest pitch, the top criteria for Made in Australia Budget largesse will be industries "where we can be competitive" that contribute to an "orderly path to net-zero". This is UN motherhood, and won't offset our regressive population, environment, and industrial, settings.
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