The government's spending on harming nature
"For the first time, research published this year, identified 36 federal subsidies worth $26.3 billion annually that are potentially harmful to biodiversity. Fossil fuel subsidies alone account for $14.1 billion. It is extraordinary the Australian Government believes it can exclude fossil fuel subsidies on the basis of a technicality. Meanwhile, independent estimates place federal biodiversity conservation spending at below $1 billion annually. "
"The arithmetic is stark: the government spent more than $26 billion a year on harming nature, less than $1 billion conserving it. No government serious about halting biodiversity loss would preside over such an imbalance and say they were “on track”. >>
https://theconversation.com/australia-claims-it-is-on-track-to-save-nature-we-disagree-278081
Biodiversity-harmful subsidies in Australia
https://www.tandfonline.com/doi/full/10.1080/14486563.2026.2623910
#FossilFuels #FossilFuelsSubsidies #biodiversity #harm #conservation #KMGBF #restoration #NoTake #fishing #ThreatenedSpecies #Australia #MarineLife #degradation #EPBCAct #war #climate #pollution #governance #values
