#Australia is set to pour vastly more into propping up #FossilFuel giants than into building a viable future. By 2030, around $184 billion will go to diesel subsidies that overwhelmingly benefit billionaires like Andrew Forrest & Gina Rinehart. That’s roughly 50% more than what’s committed to transitioning the entire energy system to #RenewableEnergy by 2050. (1/2)
#FossilFuels continue to dominate, locking #Australia into a model that resists change. With #RenewableEnergy sitting at only about 9%, #Australia remains, in effect, a petrostate, prioritising entrenched interests over any meaningful shift away from dependence on oil & gas. (2/2)