Renewable Energy Jobs at $68 million each. WOW!

Image: Clare Solar Farm
From Andrew Bolt at the Herald Sun (link)

The Queensland Premier, Annastacia Palasczcuk, was promoting green energy at the Clare Solar Farm. Resources Minister Matt Canavan calculates the astonishing waste: 
"The Clare Solar Farm stands to get something like $340 million in subsidies over the next 13 years  for 5 jobs! That works out at $60 million a job." 
Actually, it works out at $68M per job.  But that is for 13 years; so it works out at $5.23M per job per year.

Canavan:
The Queensland Premier was at the Clare Solar Farm on Sunday promoting renewables jobs. Here are a few facts about the Clare Solar Farm.
1. The Clare Solar Farm once operational will employ “up to around 5 people” according to their website.
2. The Clare Solar Farm stands to get something like $340 million in subsidies over the next 13 years (paid through by higher power bills) for 5 jobs! That works out at $60 million a job.
3. The Clare Solar Farm is owned by a Saudi billionaire, Mohammed Abdul Latif Jameel. I have nothing against billionaires (or Saudis for that matter) but I have noted that the Premier has something against Indian billionaires, specifically the one that owns Adani.
4. The Adani mine will generate 10,000 jobs and, even if they are provided a $1 billion loan (not a subsidy!), that works out at $100,000 a job. That is a little bit cheaper than $60 million a job. And remember this is a loan that will be paid back not a subsidy!
5. Guess which of these projects the Premier has decided to veto? I will give you a hint, it is the one that the Premier’s partners the Greens don’t like.

Comments

  1. But it's saving the planet, don't you know?

    ReplyDelete

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