Obviously a better budget than anything the gas industry dressed as LNP pollies ever put together. But a real…
Obviously a better budget than anything the gas industry dressed as LNP pollies ever put together. But a real disappointment on electrification. Only 110,000 households will get access to loans to electrify i.e. they still pay. 3.8 million businesses get 20% tax refunds. /1
The disparity between households (with the least money) and business disappointing. But the overall level of support for the shift embarrassingly tiny by world standards. This matters because ‘go households’ is the fastest way to create ‘economic’ change. /2
Electrifying households collapses the usual distinction between local and global. It slashes cost of living for individual households, while at the same time transforming the entire ‘economy’ to a renewable base. Energy is the root of what we call the economy. /3
I re-Tweet AEMO’s graph a lot, because it shows that Australians have already been doing this for years. By 2025 they’ll have built so much home-grown solar, it will overwhelm the grid. That’s less than 2 years away. /4 https://t.co/Vd9w9vbGyn
The $2 billion allocated to green hydrogen in the budget could have put a battery on 150,000 homes. No party in Australian politics understands Australia. It’s a community-driven country, almost uniquely. Our politics is imported European and US ideological claptrap. /5
Look at the graph. All through the climate culture war, Australian households ignored it and built a whole new electricity generation system. Go households, the Ken Henry line. Households in communities. For the economy households are just car parks for workers. /6 https://t.co/iVBJ0EEyfE
With Covid, lockdowns were shunted into households, to allow the economy to continue. You can see directly the hostility the economy has for this most fundamental unit of social life. And thus of economic life. Nation building begins and ends in homes, not in businesses. /7
The ALP captured by this same rubbish, thinking business drives change, and households can at best get some minor assistance (but increasingly only ‘vunnrable’ households). Re-frame the bloody economy at the household level. Prosperous households are business customers. /8
Not just by handing out cash (but also, why not), but by electrifying the nation, literally. It’s easily the fastest way to transform both the economy and our climate change trajectory. The urgency required wasn’t seen in the budget. /end