Mastodawn

And, of course, at the first wiff of a tax on gas exports, wouldn’t you know it, the #GasGrifters are predicting the sky will fall.

“…the gas industry’s peak representative body, Australian Energy Producers, said a 25% levy against its exports would come at the “worst possible time for Australia’s economy and energy security … Imposing higher taxes on Australian gas producers would stop investment in new gas supply, leading to gas shortfalls, higher energy prices, and the closure of Australian industries that rely on reliable and affordable gas,” AEP’s chief executive officer Samantha McCulloch said.”

What utter BS. Once again, just for those who aren’t listening: There Is No Shortage Of Gas In Australia! And, yes, AUstralians are paying export prices for their domestic gas supplies (which translates into increased cost for many thing, including electricity). And NO, we don’t need more investments into new wells, we’ve Got Too Many for just domestic consumtion anyway.

#PRRT #SuperProfitTax #GasExport #GasGrifters #FossilFuelLobby #AusPol #GreedFlation #TaxTheRich #antifa

Gas giants warn against windfall gains tax as Pocock says ‘wartime profits’ should go to struggling Australians

Government faces political fight as industry says mooted 25% levy on exports would hurt Australia’s economy and energy security

The Guardian