Compare the Subsidies the Oil and Gas Industry receives annually from Australian taxpayers.
Note it's a mature Industry sucking tax payers dry, instead of enriching our Country!In 2022–23, Australian Federal and state governments provided a total of $11.1 billion worth of spending and tax breaks to assist fossil fuel industries.
This year’s figure represents a 5% decline on last year’s, but subsidies in the forward estimates have increased from $55.3 billion to a record $57.1 billion. This is 14 times greater than the balance of Australia’s Disaster Ready Fund, which is used to respond to climate disasters.
Fossil fuel subsidies in Australia 2023 - The Australia Institute
