Importing sheep and koalas wouldn't be as bad as the next looming import... Giant underwater nuclear dildos so that we can extend the dick that America wants to wiggle at the Chinese. What suckers!
John Howard and Peter Costello are responsible for this situation. Typical LNP incompetence on a mega scale.
Question is: How much would it cost to break the contract and re negotiate a new one in our favor? Would it be worth considering?
Let’s not forget he sold tons of gold we owned in the UK for USD $400/ounce. 20 years later gold price is USD $2,650/ounce. LNP are traitors to our nation & can only see as far as their own bank account. Disgusting
The LNP/LAB duopoly have given foreign gas & coal companies a licence to loot our nation. Then they’ve thrown $14,500,000,000 a year of taxpayers hard earned to subsidize them. They pay no tax either. How stupid is Aussies? Duopoly are traitors to our nation.
Only dumb because we persist on knowingly electing politicians-on-the-take who answer only to corporate interests and herd Australia into such a dumb ridiculous situation
Voting the Duopoly will repeat this betrayal
Vote for community-based independents - they work for voters
I would love to hear a genuine discussion of the pros and cons for breaking these Gas Exporting Contracts.
Any time it’s ever mentioned in the MSM, we just get: “We can’t do that” and they move on.
Why can’t we do that???
Exactly.
Will we be hauled before an International court of some type? Or will the opposition, fossil fuel companies, media and our colonial masters again engineer a coup? Like they did in ‘75.
Because there is most likely a clause in the contract that no politician read stating if contract is broken the taxpayer would be liable to make sure the company still gets paid its billions in profits it “would” have made of the contract wasn’t broken.
What is usually missing from these discussions is recognition of the “Future Gas Strategy” which was published by the government about 6 months ago. One doesn’t need to agree with its conclusions but to ignore its existence is negligent. https://www.industry.gov.au/publications/future-gas-strategy
In brief . . . It describes the reasons government is supporting the continuing development of gas reserves and export of LNG. We don’t have to agree with its approach.
And no, it doesn’t support your position on the issues you raise.
But many with hard opinions are not even aware of its existence.
It is criminal the way the politicians have sold off the gas and other resources all Australians own. One can only imagine how wealthy our communities would be if the true value of them was flowing through the government coffers. Not only that, they are still beholden to the foreign corporations.
Britain and Norway benefited massively from the late 1970s discovery of North Sea oil, but they dealt with the proceeds in very different ways, with Norway saving the money in what is now the world's largest sovereign wealth fund ($1.4 *trillion* and growing).
Where are the gas reserves?
Where are the Australian customers?
Are pipelines connecting them economically feasible?
Energy flows are determined by both contracts but also transportation costs. Contracts are required to finance large, long-term infrastructure, spot markets supply short-term demand.
We need to roll out RE + storage a lot faster: like we’re trying. Fossil gas is the most climate damaging of all fossil fuels. Its extraction is an abomination to the biosphere. We are casually poisoning our world forever for a handful of billionaires. We are so fucking stupid.
Agree, just cautioning re the practicalities of moving RE. There’s a lot of silly hype about Australia becoming an “RE superpower”. We could become a manufacturing power leveraging off our cheap RE but exporting RE is trickier. You can’t just overlay a fossil energy export business model.
Overlay the worldwide web network? There are solar hotspots around the world
N, S, E and west that could all be interconnected and thereby reduce storage requirements.
Is this what happens when they allow themselves to be told what to do as opposed to simply doing the right thing?! This is why politics should be run like a business. In politics nothing makes sense because they are serving $$ masters not us! #auspol
Every time this comes up I have to remind people that the solution is not retaining more gas it is phasing out its use especially in residential houses.
We can’t import Koalas, there is not enough habitat and there are enough sheep here already following Dutton’s Nuclear “policy”. The govt worries about international consequences of reneging on gas supply agreements. Sure they’ll grumble but we’ve got the gas and they want it. Take back what’s ours.
We are not so much a country, as a nation of individuals willing to sell our future prosperity for the 'benefit' of a few extra dollars in our pockets right now despite the longer term cost.
And that lack of a "national vision" can be placed at the feet of our career politicians
Comments
Get the lobbyists out of Parliament House. Take hard action on transparency & limitations on political donations
Take action on a Mefia Royal Commission
The only way to get this done is to put the Coalition last, & put Labor 3rd behind Greens & Teals
Question is: How much would it cost to break the contract and re negotiate a new one in our favor? Would it be worth considering?
https://www.youtube.com/watch?v=roIeVEf5alk
Voting the Duopoly will repeat this betrayal
Vote for community-based independents - they work for voters
We can break contracts for French Submarines, for national interest reasons but not for our own Gas Reserves.
Someone is really taking the piss.
Its’s really poor government to allow this to continue.
🙄🙄🙄
A job after parliament can be worth tens of millions to the individual.
Any time it’s ever mentioned in the MSM, we just get: “We can’t do that” and they move on.
Why can’t we do that???
The Government, the Media and the Gas miners.
A brave government who was in it for all Australians would address this.
I’d love to hear an expert explain what the genuine worst case scenarios are.
I suspect they know these contacts are on shaky ground & could be easily amended.
Once in senate estimates, David Pocock asked a question & the responder asked if he was suggesting they break the contracts
They all know this theft can’t last.
Will we be hauled before an International court of some type? Or will the opposition, fossil fuel companies, media and our colonial masters again engineer a coup? Like they did in ‘75.
Maybe some countries will be very unhappy with us and have their Ambassador express their displeasure.
And we all get a better lifestyle.
How could that not be seen as corrupt and traitorous to all Australians.
Or just break the contract under National energy security concerns.
We are not a smart Nation.
🙄🙄🙄
The IEA makes some very charitable assumptions about developing countries using more oil and gas.
Even we don’t need it.
They missed the Industrial Revolution & electrification of a mass grid and have gone direct to local solar.
See many nations in Africa.
Every time, they threaten that the industry finds more gas for the domestic market.
This is a media beat up to try get more gas exploration permitted.
https://www.industry.gov.au/publications/future-gas-strategy
Does it guarantee domestic gas reserves.
Does it increase the PRRT to tax 78% of revenue, like say Norway 🇳🇴.
Does it increase the pipeline size & supply in NSW & Victoria.
Does it recognise that Gas is more planet damaging than burning Oil.
We are still beholden to them.
🙄🙄🙄
And no, it doesn’t support your position on the issues you raise.
But many with hard opinions are not even aware of its existence.
By contrast, Britain, um... didn't.
#farQ
Where are the Australian customers?
Are pipelines connecting them economically feasible?
Energy flows are determined by both contracts but also transportation costs. Contracts are required to finance large, long-term infrastructure, spot markets supply short-term demand.
We are a stupid country.
Wasn't it Howard who flogged off our gas at bargian basement prices?
The Weapons of Mass Destruction lie to send Australian Military into Iraq and Afghanistan, the beginning of the Israel/US Wars in the Middle East.
Losers’ Lyceum. Except they see so little. (Giddit?)
What a shame.
Um.
Do they do shame?
N, S, E and west that could all be interconnected and thereby reduce storage requirements.
#Gaza #AUKUS #HousingCrisis #Environment #Auspol
https://bsky.app/profile/sheeprdangerous.bsky.social/post/3lc7jg5zonk2r
I could fill up on Northwest Wa sail around then unload in Melbourne for massive profit
https://australiainstitute.org.au/post/gas-exports-56-given-to-corporations-royalty-free/
And that lack of a "national vision" can be placed at the feet of our career politicians
The greatest mismanagement of a ‘lucky’ country