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Public must claw back the big bank subsidies revealed by RBA: Greens

Following the Reserve Bank’s estimate that the major banks in Australia receive implicit public support worth up to about $4 billion a year, Greens Treasury spokesperson Adam Bandt MP today called on Malcolm Turnbull and Bill Shorten to adopt the Greens’ proposal for a ‘Public Support Levy’ on the big four banks that would raise almost $15 billion of revenue over four years. The Customer Owned Banking Association has estimated that the support is worth $2.9 to $4.5 billion.

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Australia dirtiest power station to close

Greens Energy spokesperson Adam Bandt has welcomed reports that Australia’s dirtiest coal fired power station, Hazelwood, may close, but warned that Federal and State governments urgently need to put in place polices to ensure an orderly retirement of coal fired powered stations and a transition for the affected communities.

Hazelwood’s parent company Engie is reported to have said, in evidence to the French Senate, that it is reviewing the future of Hazelwood, including possible closure.

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Greens release plan for giant boost to science and research

The Australian Greens want to put Australia on a path to spending 4% of GDP on science and research by 2030.

Announcing the policy at the Walter and Eliza Hall Institute of Medical Research in the electorate of Melbourne, Greens Leader Senator Richard Di Natale and Science and Industry spokesperson Adam Bandt MP said the policy would make Australia a world leader in investment in research and development.

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Auto industry left crashing while Labor & Liberals asleep at the wheel

Greens Industry spokesperson Adam Bandt MP today said the Australian auto industry has crashed because Labor and the Liberals have been asleep at the wheel. In February last year the Greens proposed a plan to allow new carmakers and component manufacturers to access the existing hundreds of millions of dollars allocated in the Automative Transformation Scheme if they were manufacturing vehicles or parts for electric or alternative fuel vehicles, or parts for renewables.  Neither Labor nor the Liberals supported the move.

 

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Victorian solar users the winners under Greens battery storage plan

Victorian solar users the winners under Greens battery storage plan

Nearly 300,000 Victorian solar users would receive a 50 per cent refundable tax credit to assist with the cost of installing household battery storage under a Greens announcement.

“Battery technology is moving at an unbelievable pace and will be a game-changer for our transition to powering our community with clean energy,” said Victorian Greens Senator Janet Rice.

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CSIRO cuts Senate Report: Australia must value the work of our climate scientists

Chair of the Senate Select Committee into the Scrutiny of Government Budget Measures and Greens Senator for Tasmania, Senator Peter Whish-Wilson, provides the following comments on the release of the Senate Inquiry Report into the CSIRO budget cuts.

Senator Whish-Wilson said, “What is clear from this entire debacle is that both the Australian Government and the CSIRO management has at no stage placed any value on the work being done by the CSIRO climate scientists.

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Greens promote clean and sustainable industry for regional Australia

The Australian Greens Leader Senator Richard Di Natale visited Byron Bay today to promote investment in clean and sustainable industry for regional Australia.

Senator Di Natale, alongside Australian Greens Candidate for Richmond Dawn Walker, met with local business Enova Energy, Australia’s first community owned renewable energy retailing and installation business.

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