Further to my last toot, “The Chamber of Minerals and Energy WA said Australia had been shielded from international gas shocks because investors saw the country as a “stable, reliable place to invest”.

The chamber’s chief executive officer, Aaron Morey, said the proposed tax would risk “undermining that reputation and damaging the living standards of future generations of Australians”.

“At exactly the moment we need more gas, not less, this would dramatically escalate sovereign risk,”

1) We don’t need more gas we just need a Domestic reserve (To stop the bastards selling all of it off at record profits
2) Denmark taxes their gas industries to a level that would make Fossil Fuel exec cry in public, yet the investment still came and no operator quit the sector.
3) The #Fuel and #Gas Industries employ less than 28,000 full time jobs combined (Source: Australian Institure and ABS). The #FossilFuelIndustries are not the most important job creators, ever and their push for automation underscores that fact.
4) Australia is a stable and trusted investment recipiant because of its democratic institutions, not because Executives say so.

/end_of_rant. I think…

#PRRT #SuperProfitTax #AusPol

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.

Read more:
https://www.theguardian.com/australia-news/2026/mar/20/gas-windfall-gains-tax-australian-economy

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