If massive subsidies tacked onto your power bill and directed to wind and solar generators wasn’t enough, there’s a government backed slush fund channelling hundreds of $millions into the wind and solar scam, as well.
In Australia the Clean Energy Finance Corporation is a Federal government backed outfit that has been doling out soft money to large-scale solar and wind projects that otherwise struggle to raise the capital needed to get off the ground.
But most operations run by bureaucrats, the CEFC is long on spin and waffle and short on hard numbers and accountability.
A couple of weeks back, One Nation Senator, Malcolm Roberts set out to get behind the bureau-speak and uncover precisely how much taxpayers’ money is being squandered by the CEFC.
Clean Energy Finance Corporation is Going Backwards – Senate Estimates
One Nation
Malcolm Roberts
27 May 2021
The CEFC holds $10 billion of taxpayer money…
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