Coalition granting fossil fuel companies up to $250,000 to attend industry events
International mining conference among forums involving oil, coal and gas industries approved for subsidies in program touted as boosting events sector.
The Morrison government is offering fossil fuel companies grants of up to $250,000 to attend industry events as part of a program that is supposed to help the Australian conference industry recover from a coronavirus-induced slump.
A dozen events involving the oil, coal and gas industries are among 150 so far approved by the Australian Trade and Investment Commission as part of the $50m stimulus package.
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Atlantis Viewpoint
We are conscient that we still live in a world limited by oil and other fossil fuels, but governments need to realice those aren't good investment any more. The planet is in a critical point, so all industries will need to adapt as quick as possible.
Giving incentives or support to fossil fuel companies seems an unimaginable idea but it is still happening, we need governments to start pushing in the right direction. At Atlantis, we believe these investments should only be used to finance projects with a long term sustainable future such as true clean energy. Lets start taking advantage of these!
