Still on the gas industry, executive director of the Australia Institute Richard Denniss is in Newcastle today for an event with the founder of Punter’s Politics Konrad Benjamin, where he will be talking all things gas – mostly how YOU will have paid more tax than the gas exporters:

If you’ve paid any tax at all in the last decade, you’ve paid more than the global gas giants exporting eastern Australia’s gas have ever paid in company tax.

These corporations export two thirds of the gas produced in eastern Australia, selling it for tens of billions of dollars annually. They use more gas just running their export terminals than we use electricity, yet apparently NSW now has to import gas!

Gas exports have led to a tripling of wholesale gas and electricity prices since LNG exports began in 2015. LNG companies deliberately exposed Australians to global prices, which is driving up YOUR energy bills.

https://australiainstitute.org.au/event/big-gas-is-taking-the-piss-and-what-to-do-about-it-2/