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The Multinayionals' LNG Gas Rort, page-14

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TruffleDog

5,009 Posts.

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11/06/22

10:45

Post #: 61954736
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Originally posted by Oldminer: ↑

Norway's Sovereign Wealth Fund now worth over a trillion dollars was established in 1990 to harness the wealth of its natural resources. The fund earns revenue from the oil and gas industry through taxes and selling exploration leases to private enterprise. The fund earned approximately 120 billion in 2020.

Australia's circumstance has very little to do with "the green dream" and everything to do with a failure of government to ensure benefit from our resources by not allowing it to be pillaged by multi nationals.

https://thenewdaily.com.au/opinion/2022/06/11/michael-pascoe-gas-tax/

"An embarrassing State of the Environment Report wasn’t the only document the Coalition sat on before the election.
Try a Treasury expose of a Big Carbon tax rort worth scores of billions of dollars – and perhaps hundreds of billions. ... "

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BS.

Net Zero is priority #1 and what has steered us here.

Don't blame anyone besides those who voted for it.

Self made disaster.

Lidell closes in less than 11 months with more to follow soon after.

Worst is yet to come.
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