Rio Tinto is to power a new bauxite mine in Queensland by solar. Well, that looks like a breakthough for an innovative entrepreneurial product.
But wait! It turns out that the $23 million energy facility is supported by government funding of $11 million from the Australian Renewable Energy Agency (ARENA). The government wants to terminate this outfit but its Green/ALP predecessor placed booby traps to prevent this and installed the former CEO of WWF as its Chair to ensure it would continue its wasteful outlays. He is “angry” that the present government is trying to axe the $1.3 billion his wasteful agency was allocated by its Green/ALP predecessor.
Apparently, however, ARENA, the $10 billion “Clean Energy Finance Corporation”, the farcical $400 million Carbon Storage and Capture spending were all very carefully sandbagged by the Gillard government. According to the present government’s advice this makes it almost impossible to de-fund them or even to give directions on how the money can be spent (or saved).
So, Labor has been able to ensure that a Coalition Government would continue to carry excess economic baggage that would help cripple its attempts to restore the economy. And by negative campaigning they may return early to the Treasury Benches, which is far more important than the restoration of the economic mess their period of office created.
For their part, the bien pensants in these agencies can continue their green odyssey and the fat cats staffing them can continue to traverse the world first class on massive salaries, happy to exploit the taxpayer to the maximum.