The Forum > General Discussion > Is Australia a Nation of Rent-Seekers.
Is Australia a Nation of Rent-Seekers.
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"GetUp! pockets $2m with a ‘dirty’ deal
GetUp! claims to have helped 20,000 members switch from Australia’s “dirtiest” electricity retailers to green energy by referring them to a rival company, despite the rival admitting it has no idea where its power comes from.
The activist group was paid more than $2 million in exchange for referring members to online retailer Powershop, promoting it as “backed by a 100 percent renewable energy company”.
GetUp! has used the $2m — about $100 for each member referred — to campaign against Powershop competitors EnergyAustralia, AGL and Origin, which GetUp! calls “the dirty three”.
Powershop, wholly owned by New Zealand firm Meridian Energy, buys electricity from the national power grid in the same way as its “dirty” competitors. The bulk of Powershop’s electricity, often all of it, is sourced from coal-fired power stations because renewable energy from wind or hydropower can only service just over 15 percent of the market at full capacity, and downtime is common.