The federal government will spend $4 million on a study to see if it can build a new oil refinery in Western Australia, which could be the nation’s first such new facility in six decades.
Just offer EV incentives and build more renewable power plants.
Become energy independent so we are not so beholden to this shitty oil economics.
MisterFrog@aussie.zone 2 days ago
If only we hadn’t bloody allowed the ones we already had to be closed… They should have been forcibly nationalised at a fair (low) price if they wanted to close up shop.
Especially the refinery owned by Viva Energy in Geelong should have been nationalised, not had their profits guaranteed…
I say all this as someone who doesn’t drive, and I thinks we should get off oil ASAP. We can’t just flip the switch and have everything grind to a halt.
But building a NEW refinery? Are you serious?
thatKamGuy@sh.itjust.works 2 days ago
Even in an ideal world where every Australian commuter vehicle is an EV, we would still need our own ability to process and refine oil into aviation fuel, diesel for farming/trucking, and probably a few other vital resources that I’m forgetting.
But I broadly agree with you, if we are to build another - it needs to be a national asset and not a private one; so that works to ensure our energy sovereignty as much as possible, and not shareholder profits.
Eyekaytee@aussie.zone 2 days ago
yep but if everyone in Australia had an EV our current 3 months worth of fuel supplies would be like 12 months+
At what point is keeping unprofitable fuel processing for a minority of users a waste of tax payer money?