Why Paul Howes is wrong and BHP is right

Propping up struggling industries like aluminium smelting with cheap energy is both ineffective for the economy and for reducing carbon emissions – there is a better way to capitalise on our mineral riches.

Paul Howes, the head of the Australian Workers Union, is misguided, as are many others who advocate for energy subsidies as part of a strategy of “value-adding” Australia’s minerals and energy.

Today, Paul Howes unveiled a five-point plan for saving Australia’s aluminium smelting industry involving:

1. Competitive energy supply contracts;

2. Stronger local content rules for major resource projects;

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