" i would also say that the govt has to wear some of this. "

Certainly when a pipeline isn't a pipeline, re the apache explosion, which if there was a silver lining was carps's domestic supply legislation.

Just incredible, and yet there are those that cry,there is too much government, ya can't have it both ways.

How is chevron CCS going?

We need in this country some serious tax reform around the PRRRT.

To briefly recap, from the early 2000s the petroleum industry invested $300 billion to build infrastructure to extract gas from Australia’s huge reserves.

Community expectations were high as a result of the slick marketing of prospective benefits. However the federal 2018-19 budget forecast of low PRRT revenues of only around $1 billion per annum, dampened any thought of generous tax transfers across to public goods.

In late 2016, the failure to evidence equitable returns from the extraction of community-owned gas resources pressured the then Turnbull government into a PRRT review, chaired by Michael Callaghan. The review’s final PRRT report in April 2017 recommended tax design change essentially to future gas projects. Thus Mr Frydenberg’s November 2018 PRRT changes – to take effect on current gas projects valued at $6 billion in revenue over ten years — is a bold call.

Such was the public interest and concern about PRRT revenue from these new and large gas projects that in 2017 the Senate concurrently held an inquiry into tax avoidance concerning Australia’s gas. The Senate report came out in May 2018. One recommendation is that the government revise the gas transfer pricing regulations for current (not future) projects.

https://www2.monash.edu/impact/articles/tax/tax-reform-on-gas-is-welcome-but-other-difficult-issues-lie-ahead/

Make no mistake, Chevron doesn't care about Western Australia

disallowed/national/make-no-mistake-chevron-doesn-t-care-about-western-australia-20190318-p5159q.html

Raider