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Could spending a billion dollars actually bring solar manufacturing back to Australia? It’s worth a shot (theconversation.com)

submitted 7 months ago by vividspecter@lemm.ee to c/environment@aussie.zone

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[–] ikidd@lemmy.world 3 points 7 months ago (1 children)

Absolutely. I'd love to see a domestic industry for this and other things, but short of massive tariffs and subsidies, there's no way all the reason above won't make the prices sky high comparatively. Which would slow renewable energy adoption.

This is a very typical grift to take advantage of the post-covid domestication of industry push; pitch the buy local aspect, get the government to fund it, siphon off funds for a few years, with some token production and a few jobs, until they get tired of paying out, then pack it up and sell the equipment and land and retire. This specific "produce solar locally" scam has played out in Europe, US and Canada already.

The best way you could do this is to just spend half a billion buying panels now and give them away. At least at the end of it, you'd have some solar panels putting out electricity instead of making millionaires out of some con men.

[–] Lintson@aussie.zone 1 points 7 months ago

!The best way you could do this is to just spend half a billion buying panels now and give them away. At least at the end of it, you'd have some solar panels putting out electricity instead of making millionaires out of some con men.!<

Spend all that money without claiming cheap votes and making your mates rich? You madman