GetUp is running a campaign to prevent the Federal Government from dropping renewable energy and climate change funding (subsidies) arguing that a more equitable “source” of money would be to redirect some of the estimated $10 billion in subsidies currently received by the fossil fuel sector. From my inbox:
48 hours ago, the Government announced they want to pay for the climate disasters of today by killing the renewable energy projects of tomorrow. Climate change means more extreme weather events1, so it makes sense to establish a permanent Climate Disaster Fund -- not just to respond to one off events like the recent floods.
There's a simple solution to fund reconstruction after extreme weather events, while also reducing pollution and supporting renewable energy. The Government must establish a permanent Climate Disaster Fund, paid for by ending the billions of dollars they're handing out to subsidise the use of fossil fuels2, most of which ends up in the pockets of Australia's biggest polluters.
The three Independents in the lower house all support a permanent natural disaster fund. The Government will have to negotiate with them to get its flood levy through, so we have a real chance to preserve the renewable energy programs the Government wants to cut and to set up a permanent disaster recovery fund paid for by ending polluter handouts. To save these renewable energy programs we need an immediate public outcry - please add your voice now.