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Sovereignty is the new black in a post-globalisation world
Rebuilding Australia’s lost sovereignty will take serious money, either through subsidy, strategic deregulation or regulatory incentives.
That Australia is close to running out of liquid fuel should not surprise us. We got rid of all but two refineries, converted one of Sydney’s largest storage tanks to an art gallery and until three years ago counted fuel supplies in the US as part of our required reserve.
Sure, the Morrison government committed $203 million to support expanded fuel storage in 2020, the Albanese government tipped in a fraction more and that additional storage, much of it only now coming online, has brought us nowhere near the 90-days supply the International Energy Agency requires. Successive Australian governments agreed and then, with exceptions, ignored the requirement.
Blossom VC01 Handheld Cordless Vacuum Cleaner 450W 38KPa Suction Power Smart Home Dust Cup 50 Mins Runtime
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