[LINK] Telstra propose biggest rollout in Australia's history
dlochrin at d2.net.au
Thu Jan 18 11:05:59 AEDT 2007
On Thu, 18 Jan 2007 09:33, Craig Sanders wrote:
> the point of capitalism is that the investors reap the profits.
> if they can offload the expenses onto someone else,
> then so much the better.
Privatise the profits and socialise the losses!
> and the point of privatisation is to offload any public
> infrastructure that has any chance of making a profit
> into private hands - and give the government a short-term
> windfall to plough back into corporate welfare (and a bit of
> pork-barreling on the side - watch how much of the T3
> proceeds gets spent getting Howard & Co re-elected
> this year).
Another bit of corporate welfare is LJH's campaign for nuclear power. Nuclear power in Australia will not contribute much to reducing greenhouse gases - even Dr. Switkowski thinks the most ambitious rollout of nuclear power (25 stations by 2050) will only result in an 18% reduction over business as usual.
In the mean time, Britain, with a target of 60% reduction in greenhouse gases by 2050, is reducing its nuclear capacity from the current 20% to 4% by 2023 and 0% by 2035.
Given LJH's announcement of his nuclear plans five minutes after seeing George Bush, it's probably safe to assume part of the plan is that Australia will become a repository for the world's waste in order to help the U.S. nuclear industry. New Matilda ran a few articles about this if anyone's interested.
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