The Federal Government's announcement for a "Future Fuels" package seems to have lit a fire under the Rectifier Technologies share price (ASX:RFT) -- up 47% at time of writing.

It's a paltry investment from the feds -- about 2.5% of the fossil fuels subsidies paid out last year -- and I'll try to avoid opining on this Government's green credentials (or lack thereof), but it does seem to bode well for a company like Rectifier. It will see approximately 1000 public sites, 400 businesses and 50,000 households fitted with fast chargers under the scheme.

Well done to shareholders, and looks like wini's valuation is well within striking distance!