Labor to allow foreign owned gas giants to rip us off more for longer. #auspol afr.com/politics/feder…

Former WA Liberal premier Colin Barnett has blasted the way the federal government charges for the offshore gas it owns at the National Press Club today.
“The Petroleum Resource Rent Tax has been quite hopeless for getting a fair return for that gas,” he said.
“It’s been inept.”

Labor’s “transition plan” is more fossil fuels.

Transition to a petrostate perhaps? #auspol bloomberg.com/news/articles/…

How is business as usual even an option when presented with this sort of news?

'Hundreds of the world’s leading climate scientists expect global temps to rise to at least 2.5C this century, blasting past agreed targets & causing catastrophic consequences for humanity & planet'.

Someone had better tell them to go nuclear before it’s too late!

I think we're becoming desensitised to these records, but there is plenty more to come...
abc.net.au/news/2024-05-0…

The Petroleum Resource Rent Tax is broken.

The fact is the Australian government collects more money from students paying HECS than it does from gas companies paying the PRRT.
#auspol

Terrifying

The WA Treasurer was asked about our billboard yesterday, showing that rego fees contribute more to the WA Budget than gas royalties.

She said it is a matter for the Feds — but this isn't the whole picture. There's more that both WA & Federal Govts can do.
🧵 #auspol (1/5)

Former conservative Premier of WA Colin Barnett has slammed the federal government for essentially giving away Australia’s offshore gas at NPC today.

Pretty much exactly what the Australia Institute said in our WA gas report released yesterday #auspol

australiainstitute.org.au/report/gas-in-…

Day 3 of The Australia Institute's billboard in central Perth reminding WA's motorists they pay more in car rego than the gas industry pays WA in royalties.

For those concerned about the corruption of Australian universities by the oil and gas industry.

Turns out Princeton’s “Net Zero America” study funded by BP.

Melbourne Uni’s Energy Institute copied with Net Zero Australia also funded by fossil fuel interests… se my thread on…

'Our electricity market currently requires solar farms to be switched off in the middle of the day.'

We can make a simple change in how commercial buildings use energy that would better utilise our renewable resources explains Richard Denniss in The New Daily

thenewdaily.com.au/opinion/2024/0…

The Australian Senate inquiry into lobbyist access to Parliament House has just been released - with the committee echoing Australia Institute's recommendation to restore the unescorted day pass to increase public access to elected members. aph.gov.au/Parliamentary_…

Big oil and gas pay less tax than beer drinkers.

Gas exporters operating in WA:

🟠 Pay less royalties to WA than motorists pay in rego fees.
🟠 Pay less tax than is collected by the beer excise.
🟠 Employ just 0.7% of WA workforce.

More in 🧵👇 (1/5)
australiainstitute.org.au/post/new-analy… #auspol #wapol

Australia Institute billboard in central Perth, letting WA motorists know they will pay more in rego than gas companies will pay in royalties in this years budget.

These foreign owned gas exporters talk a big game on their economic contribution, but are actually epic leaners.

The Cook Labor cabinet approved ⁦Alcoa⁩ mining in December despite its own experts warning it posed a high risk to Perth’s water supply and the state’s treasured jarrah forest. An exclusive. watoday.com.au/national/weste…

CNN report on coral bleaching at Lady Elliot Island:

“The Australian government has faced criticism for pouring 100s of millions of dollars into myriad reef research projects, while simultaneously doubling down on the production of the fossil fuels which drive climate change”

Oil giant plans to move 60,000 tonnes of steel, rig waste to UN-listed wetlands in Gippsland smh.com.au/environment/cl…