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#taxgas — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #taxgas, aggregated by home.social.

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  1. And why should I stop here. Let’s do a proper job and spell it all out: (Source: The Point Live - one hour ago)

    ## “The source of gas company Santos’ superpowers

    Rod Campbell

    We blogged earlier about how the Federal Government seems set to not just ignore the obvious gas policy of a 25% export tax, but to have a reservation policy that will benefit ultimate villains, Santos.

    The source of Santos’ superpowers is South Australia. Check out our 2024 report on The oil and gas industry in South Australia, and here are a few fun facts:

    Santos CEO Kevin Gallagher was named as the most powerful person in South Australia, in 2023. The Premier, Peter Malinauskas, came in third.
    The Premier’s brother was Head of External Affairs at Santos at the time.
    Treasurer Tom Koutsantonis once told a gas industry conference that the “South Australian Government is at your disposal”.
    SA Senator and Foreign Minister Penny Wong really likes Santos.
    The source of this power appears to be personal connections, because it certainly isn’t taxes, royalties or jobs:

    0.1% of SA jobs are in oil and gas extraction. More people work in mushroom and vegetable growing.
    0.4% of the State Government’s revenue is oil and gas royalties. More state government services in South Australia are funded by the lottery than by royalties from the oil and gas industry.
    Santos paid zero company tax for 11th year in a row, ATO data shows”

    #SA #StateCapture #Santos #FossilFuelIndustry #TaxGas #TaxReform #IncreasePRRT #ExtractiveIndustries #CloseTaxLoopholes #AusPol #Corruption

  2. ## Gas Industry taking Australians for mugs!

    As if it wasn’t enough that #Japan *onsells* the gas it buys from Australia (through #Singapore companies) at a handsome profit, now #China is doing it as well. It speaks volume for how easy it is to con our govt into submission and give up on the idea taxing #GasExports. So, #Elbow is not only working for Japan but China as well… But *don’t you worry ‘bout that* (quoting a famous #Grifting ex-State Premier) the govt is implementing a *domestic gas reserve*, FFS.

    “Santos might not be worried about the gas reservation, but the Queensland LNP government is pretending it is. It wants the gas reservation policy to only apply to new gas, because it’s allegedly worried about its contracts.

    Which is doubly laughable, once you learn that China is now on-selling about the same amount of gas (in terms of volume) as it receives from it’s Queensland contracts. Because it has so much gas it has now joined Japan in creating its own gas market from Australian gas. Isn’t that neat?” (Source: The Point Live - today)

    #Economy #TaxGas #AusPol

  3. #YanisVaroufakis screams the *Obvious* in this Guardian Article. The #RBA decision to hike up the #CashRate ‘is not an anti-inflation policy. It is a cynical transfer of income from people who did not cause the problem to people who are, in fact, profiting handsomely from it.’ (Souce: theguardian.com/commentisfree/ )

    Not only are the #Oil importers fleecing all and sundry while the #US-Israeli war on #Iran and the #Russian war on #Ukraine provide the excuses to raise the price of a barrel, but the #GasExporters are racking it in because of increased demand worldwide. And in Australia, these gas #Grifters are profiting from minimal tax to no export tax whatsoever allowing #Japan to buy the Gas more cheaply and onsell it (some of back to Australia now and again) for a #profit (another cause of inflation). Meanwhile, every Australian #mortgagee is paying for it. Hence Varoufakis’s righteous indignation:

    “No plausible rise in the cash rate will open up the strait of Hormuz, or convince Gulf insurers to lower their premiums, or compel a barrel of Brent crude priced in a global market to come down because a Melbourne mortgage holder is stressed. What it will do is suppress Australians’ spending, wages, their ability to keep a roof over their heads, ultimately their economy’s capacity to invest and to produce. It is a little like treating a broken leg by amputating the healthy one.”

    No *wage earner* should put up with this vile economic trickery or the politicians who complicitely enable the #plunder of our #resources and our meagre, hard-earned income. It’s time to put **real representatives** in Parliament and not *stooges* for the #RentierClass

    Is it any wonder that #PHON appeals to the *Plebs* when #Poorlean taps into this kind of #Injustice ?

    #AusPol #EconomicRationalism #WealthTransfers #UnDemocracy #RapingTheEconomy #ScroogesGalore #TaxGas #TaxTheRich #TaxReform #RBAreform #NeoLiberalism #NoMoreWars #Rentiers #StateCapture #EconomicTheft #NoMoreBillionaires #ClassWar #FossilFuelScam #GreedFlation #2028FederalElections #JoinYourUnion #inUnity

  4. @damonism
    Yes. Time of use tariffs where introduced by the #grifters to get around a loss of profits due to household power generation inroads into their monopolist market. Yet another reason why critical sectors such as *energy* ought to be in *Public* hands.

    #TaxTheRich #TaxGas #TaxReforms #AusPol #AEMO

  5. This is rich. #FossilFuelCompanies blaming each other (as well as the NT govenment) for their own failures to clean up decommissionned wells. #Grifters blaming #other #Grifters for… check notes… #Grifting. What a bunch of *Scrooges*.

    They blame the NT govt because it’s not cutting corners in cleaning up the mess left behind in the #TimorSea by #Woodside and the company it sold the delapidated assets to as they wrote the #Endeavour off their books at around 100% discount — #Grifting never stops.

    And this is just **One** example of the industry’s absolute disregard for the #environment, their #SocialLicence and what they are legally required to do when retiring #wells. *Grifters* doesn’t half cover their despicable practices.

    At least the NT Govt has seen fit to #Fine the industry as a whole to cover the clean up costs and perhaps try to teach the industry a lesson they will not forget. They shoud double the fine imo — it’s not as if the fossil fuel industry can’t afford it. Even doubling wouldn’t cover the damage done over the years.

    #TaxGas #FossilFuelIndustry #MakeTheBastardPay #LeaveItInTheGound #EnvironmentalVandalism #StateCapture

    boilingcold.com.au/governments

  6. youtube.com/watch?v=zA5lonT0WfI

    This is hilarious 🤣

    Labor candidate for a WA bi-election used to work for Woodside and is asked about.

    She doesn't answer, just turned and walked away.

    #auspol #gastax #taxgas #punterpolitics

    Crossposted with @openvibe

  7. So true, power is the ability to talk s*** and get away with it

    #auspol #taxgas

    youtube.com/watch?v=6YIH4eL0o_

    Crossposted with @openvibe

  8. youtube.com/watch?v=8CjZZJKyFb

    Australia used to be a world leader in scientific discoveries, but not anymore.

    Since the Abbott government, funding has been cut by almost every government.

    #auspol #gastax #taxgas

    Crossposted with @openvibe

  9. We already know that #Labor is ‘owned’ by #FossilFuelInterests and the biggest culprit here is the #WA govt which has *granted* Woodside's Browse to North West Shelf project the politically motivated designation of ‘State Significant Project’ status. What a bloody circus. As if we need more reasons to vote #Labor out of office.

    “The EPA has already told Woodside its project poses an unacceptable risk to whales, turtles and the reef itself. That process needs to be allowed to run its course without external interference, and on everything already put before the EPA, it is unthinkable that the state government would allow an unique reef system like Scott Reef to be turned into a gas extraction and carbon dumping site. “ (Source: thepoint.com.au/opinions/26073 )

    #Woodside #FossilFuels #TaxGas #TaxSuperProfits #ClimateCrisis #DecarboniseNow #NoMoreExploration #NoMoreDrilling #NoMoreGasFields

  10. Labor is interested only in fighting existential issues – for Labor.

    Existential issues the rest of us face?

    Not so much.

    #auspol #ClimateCrisis #TaxGas #renewables

    RE: https://bsky.app/profile/did:plc:5dic27ocbqannaaqxkwcodnq/post/3mrehfih3ek2l

  11. There can be only one reason why Albanese won’t #TaxGas.

    Follow the money.

    #auspol

  12. Nationals senator Matt Canavan and LNP's Lou O'Brien tried to defend foreign gas companies and trash David Pocock in their own social posts, only to get absolutely demolished in the comments by their own voters demanding the 25% gas export tax Albo refuses to pass — the same tax that would return $17 billion to Australia every year.

    #gaxtax #prrt #gas #gaslevy #gaslobby #auspol #santos #chevron #taxgas

    youtube.com/watch?v=_H0V_EyWbCo

  13. Australia Institute research shows that Japan collects more tax from Australian gas than Australia.

    Japan, a country with no gas, oil or coal reserves of its own, collected almost $40 billion over the last five years while the Australian PRRT provided only $7 billion to Australians.

    ✍ Join 95,000+ Australians and sign the petition demanding gas companies hand over our fair share now!

    #taxgas #prrt #gastax #gas #gaslobby #auspol #gascartel

    nb.australiainstitute.org.au/f?

  14. “I mean, honestly, we’re going to design our taxation system on the basis of the possibility that we’re going to upset somebody outside of Australia? “For heaven’s sake, there’s more than one means of a government dealing with foreign relations.” – Ken Henry #auspol #TaxGas

  15. @kerravonsen yes, but there's been opportunity for those not in mainstream media - for the overlands, for crikey, the shot, NIT, whomever people *do* go to, to add in the voices that are missing.
    Rather curious to find out what Raelene Cooper makes of taxing gas.
    If she can talk about Woodside in MSM, why not taxing gas?
    #AusPol #taxgas #gastax #taxinggas #australia

  16. @CaringKinderSociety

    Has Ken Henry or anyone else advocating for the gas tax mentioned how much emissions, damage and people will be killed as a result of advocating for taxing gas, instead of abolition?

    Where is the deaths, damages + emissions tracker for gas?
    Australia #AusPol #GasTax #TaxGas

  17. "We need to tax gas". Do we, Australia?

    The cost of emissions from fossil fuels is already 900 billion, so how does Australia pay for that with a 25% gas tax?
    theguardian.com/environment/20

    Heatwaves are killing us.
    theguardian.com/environment/20

    Pollution is killing us.
    theguardian.com/environment/20

    There is no mention of how we're going to curb the killing by anyone in favour of this tax. "Lets murder" is a pretty dumb strategy, because how do you have wealth on a dead planet?
    #AusPol #taxgas

  18. It blows my mind that we have a thinktank in Australia, which is funded by a billionaire, which is encouraging us to kill 1 in 5 people.
    I have yet to see *anyone* speaking out about this. What's going on, Australia?

    Why so quiet?

    Where's the emissions/deaths/cost of damage from gas/fossil fuels tracker?

    #climate #Australia #taxgas #fossilfuels #AusPol #thinktank

    theguardian.com/environment/20

  19. RE: climatejustice.social/@ketan/1

    So, why is it that The Australia Institute keeps telling us that we need to tax gas like Norway, when all Norway has is rising emissions and ownership of who is doing it? Hi, Equinor, carbon major:
    carbonmajors.org/Entity/Equino
    #Australia #Norway #equinor #Auspol #taxgas

  20. RE: climatejustice.social/@ketan/1

    So, why is it that The Australia Institute keeps telling us that we need to tax gas like Norway, when all Norway has is rising emissions and ownership of who is doing it? Hi, Equinor:
    clientearth.org/projects/the-g
    #Australia #Norway #equinor #Auspol #taxgas

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