Labor Lunacy: Industry Wipeout Looms as Bill Shorten Doubles-down on Wind & Solar Insanity

Labor – aka the ‘Workers Party’ – is determined to destroy whole industries and thousands of jobs with a 50% RET and a giant ‘carbon’ tax.

Australian industry has been a protected species since the Victorian gold rush in the 1850s, cosseted behind an insurmountable wall of tariffs and propped up with subsidies. As the tariffs and subsidies to industries – such as motor manufacturing, clothing and footwear – were slashed in the 1990s, hundreds of businesses and entire industries have disappeared.

Nowadays, mining, manufacturing and mineral processing is being treated by politicians as a class of mangy vermin – fit only for urgent eradication – with a raft of utterly insane energy policies which threaten thousands of small and large businesses, alike.

via Labor Lunacy: Industry Wipeout Looms as Bill Shorten Doubles-down on Wind & Solar Insanity

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