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Old 02-11-2017, 07:28 PM
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Visionary (David)
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Join Date: Jan 2015
Location: Sydney
Posts: 355
[QUOTE=clive milne;1342879]Renewables drive energy prices down...

If you are going to go on about equality... ask yourself why this country spends 8 billion a year subsidizing fossil fuels?

Now that's what I call a welfare state.
Welfare for the rich multinational corporations that is.[/QUOTE

Place your rainbow glasses to one side.... the Fossil Fuels, of their various kinds, represent one of the greatest inflows of revenue to both State and Federal Gov. The last time you filled your cars tank..... about half the bowser price is State and Federal Taxes

2017 ABS stats are as follows

The estimated number of motor vehicles registered in Australia was 18.2 million.
These vehicles travelled an estimated total of 249,512 million kilometres in Australia, with an average 13,716 kilometres per vehicle.
Total fuel consumption by all road registered vehicles was 32,732 megalitres.
Freight vehicles in Australia travelled an estimated 204,575 million tonne kilometres.

Total fuel consumption = 32,732 mega a litres x50% Fuel @ $1.00 per litres = Tax rev pa: $16,361,500,000 These are ABS figures (not the $1 per litre, that's mine to make the maths easy) there are a few more zeros in tax receipts from fossil fuels than you have indicated.

It would take a lot of windmills to generate $16,361,500,000 in tax revues. They may be able to suck up quite a few $ in subsidies but $16,361,500,000 in revenue would definitely be beyond the reach of even the biggest windmill.

Last edited by Visionary; 02-11-2017 at 07:46 PM.
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