FFS: fossil fuel subsidies cost Australia $30,000 a minute
You’re meant to tax things you want less of and subsidise things you want more of – yet Australian governments are handing out $16.3 billion in fossil fuel subsidies this financial year. Elinor is back but Greg is away, so Matt Grudnoff jumps in to talk about Australia’s absurd fossil fuel subsidies, fuel security in the wake of the US-Israel war on Iran, and why the AI bubble will probably burst, even if the technology turns out to be a win overall. This discussion was recorded on Thursday 12 March 2026. What we owe the water: It's time for a fossil fuel treaty by Kumi…
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