Antinuclear

Coalition government utterly dependent on funding from mining industry

The fossil fuel industry and who really runs Australia  Independent Australia  Sandi Keane 6 May 2014,The age of entitlement is over in Australia — except for the dominant fossil fuel industry and those rich enough to be able to buy political patronage.“……..Last month, at global talks in Nairobi, energy experts at were calling on subsidies to oil, gas and coal prices to be cut:

‘According to the International Energy Agency, the elimination of fossil fuel subsidies will be the single most effective measure for climate change mitigation and would be one of the most effective measures for keeping the temperature rise beneath two degrees, which has been agreed upon in the international climate negotiations.’

The talks were organized by Germany’s development agency GIZ, the UN’s Environment Program and the International Monetary Fund. It was noted that most European countries have already cut their fossil fuel subsidies.

There’s little chance of the Abbott Government following suit while its policy outcomes continue to favour Australia’s richest corporate elites in return for hefty political donations. (See below – graph explains donations from mining industries)

At this point, donations – other than certain donations, such as from developers as in NSW – are not illegal.

Until such time as there is a national ICAC and an appetite to clean up the corrupt practice of political donations being tied to favourable decisions, we know who really governs Australia — the miners and the moguls. http://www.independentaustralia.net/business/business-display/who-really-runs-australia-the-miners-and-the-moguls,6450

May 7, 2014 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, politics