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Ep 167: ”Degrowth” - the plan for civilisational decline and disaster.

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The Australian Government's Putting a Cap on the Prices of Coal and Gas

In places like Australia, the coal and mining industries pay a lot more tax well above the industry average. The Australian government is restricting the amount of production of fossil fuels because of green theories about how the environment is being affected by these fossil fuels. If you put a cap on prices, then their profits go down. And so now there's this big debate in Australia between the states and the federal government as to whether or not they should be nationalized. But those policies of the Australian federal government I'm whining about are on a continuum with precisely the kind of policies prescribed in this article in nature. We need rapid wealth creation if we want to fix the problem in front of us tomorrow.

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