Your Complete Guide to the Great Gas Rort

As the gas lobby seeks to spin skyrocketing prices for Australians as a reason to fast-track pipeline approvals and fracking, the evidence shows there is no shortage of gas, just an excess of greed for export super profits.
Climate & Energy Program Principal Advisor Mark Ogge explains why it’s not that we don’t have enough gas, it’s that the companies want to ship it overseas to the highest bidder.

[@gimpau]

For the algorithm. More people need to see this.

[@NathanCroucher]

The LNP did this.

[@Redpepper7376]

Also Martin Ferguson from the ALP, their all the same

[@robsengahay5614]

Well explained. I wish people here would also trumpet heat pumps for heat and hot water. Ours is powered from our solar panels too so no gas required. Australia has a great climate to get maximum return on heat pumps. Also our homes are very badly built and insulated wasting huge amounts of energy and costing homeowners thousands per year both heating and cooling their homes. It is high time this was dealt with in building codes.

[@attilajuhasz2526]

God bless you, Mark. Well explained.

[@stompinknowledge3968]

Excellent rundown.

[@3rdrock]

So much for the LNP crowing about being good economic managers.

[@maxsweetman6341]

Gas power water banking rail education health aged care employment roads and many other systems needed for all Australians should be nationalised Government should control money not money control government

[@David-qz7fx]

Thank you 🙏

[@stephenwade8093]

Thank you for a great explanation of the disaster over our gas, it beggars belief of how the government got it so wrong, allowing the energy companies to manipulate the market and pay little or no tax , what we need is your summery to be a full page in every news paper in the country every week until something is done about our Gas

[@guringai]

Well said! We've finally removed all has from our house.& energy bills a fraction of before. Heat pump HWS, RCAC for heating induction cooking & big rooftop solar PV. EV next

[@yttean98]

Looks like Angus Taylor was NOT doing his job? ANd now he is the shadow treasurer? World parity gas prices Australians are paying MORE for our own resources.

[@artyblartyfartblast8465]

No! It looks like Angus Taylor WAS doing his job! Your error is thinking he was working for the Australian people. The oligarchs who own our major party politicians are very pleased with Angus Taylor’s performance.

[@robhaitch5544]

This is our gas fed recession in the making.

[@peninasemira363]

Thanks to politicians for giving away Australian gas to foreign companies

[@etmax1]

We're building a new house and it won't have a gas connection. We're also going to max out solar on the new place.

[@robsengahay5614]

Definitely look at a heat pump for your hot water at least. They pay for themselves within a few years.

[@davidwilkie9551]

This speech is a thing of great beauty in phraseology, point to point. If Australians had an interest in democratic defence governance, personal responsibility, instead of the heirachy of pretenders to the honour systems of paid loyalty to deities of unproven reliability, the global crime wave could not have happened. ("The easiest person to fool is yourself" -Feynman. The same can happen in reverse)

[@SeekSomethingMore]

Bingo. It's everyone else's fault, except the people complaining. Such a mentality will always lead to exploitation and subjugation. It is a downward spiral of victimhood. If people want something different, they need to stop complaining, get off their knees, and roll up their sleeves. If you act like a slave, you will be treated like one by people who don't mind enslaving you.

[@MsSilver41]

Where is the video linking Angus Taylor and Santos setting up the rort of buying carbon emissions scheme?? I can’t find it . Angus won the seat of Hume if more people knew about him I wonder if this would of changed

[@glenneslick3497]

Great summary of how Australians have been sold out, would luv to see this on main stream media. Excellent presentation Mark. Only problem is the current green intermittent alternative is not going to save us. Cleaner coal is cheaper to implement & more practical. Nuclear is a better deal more so. Just worried your green alternative is going the same way as more coal seam gas options. Cheers

[@kenharris5390]

Why did Martin Ferguson sign off on Australian gas contracts that robbed us of billions yearly?

[@robertdavie1221]

Our cost of living is rising rapidly because the price we pay for goods and services is being driven upwards by the aggressive taxation levelled upon it by all three levels of government in this country. These goods and services include fuel, energy, utilities, food, clothing, council and commercial rates etc. So when we purchase goods and services the price we pay includes all these taxes which are also continually rising. So why are they so high? The answer to this question is that we, the citizens of this country, are almost entirely the sole source of taxation revenue for the three levels of government in this country. Because each year, big business, including many who are foreign, pay little to nothing in tax amounting to hundreds of billions of dollars lost to the nation, meaning you and I have to make up the difference. “Australians are paying more personal income tax as a share of government revenue than any other advanced economy, except for the high-taxing Scandinavian welfare state of Denmark, according to an international report that renews pressure on the Coalition and Labor to reform the tax system. Governments in Australia also raised almost double the amount of revenue from taxes on property compared to other wealthy nations, chiefly due to state-based stamp duty on real estate purchases, the Organisation for Economic Co-operation and Development report said.” - AFR(policy-tax-and-super-personal-tax-take-second-highest-in-oecd-20211206-p59f3y) “A report for the Organisation for Economic Co-operation and Development found that as a share of government revenue, our personal income taxes account for 42 per cent, which is more than twice as much as the OECD average of 23.5 per cent.” - ABC(news-2021-12-07-personal-income-tax-in-australia-amongst-the-13666488) The data below comes from the ABS and shows just how big the problem of tax avoidance by big business is in this country. Total tax collected from individuals by all levels of government in 2020-2021 was $593,184 million or $593.184 billion as shown by the ABS (abs-ausstats-abs@.nsf-mf-5506.0) Total tax payable by Corporate Australia in 2020-2021 was $68,895,227,402 or $68.895 billion as can be found at - Data(dataset-ds-dga-c2524c87-cea4-4636-acac-599a82048a26-details). That means we citizens contributed $524.289 billion dollars in taxes while big business was liable for only $68.895 billion dollars. This represents, 68.895/(524.289 + 68.895) x 100% = 11.614% of the total tax expected to be collected by the federal government was paid by big business. According to the ABS the total income of big business in this period was $2,311,484,379,849 or $2311.5 billion or $2.3115 trillion and so in being liable for only $68.895 billion in tax they only paid 2.98% of their income in tax. If big business paid the same rate of tax as the rest of us, say 30%, then the total tax take from big business in 2020-21 should amount to $693.45 billion. Even if they were only expected to pay 20% of their income in tax then they would be liable for $462.3 billion. If we set the bar at 15% then they would be liable for $346.73 billion. Such a sum would make an enormous difference to reducing the taxation burden on workers and small businesses from all three levels of government and hence to significantly reducing the cost of living pressures we are currently experiencing. What about our schools, universities, hospitals, defence and other expenses we must meet? No wonder the cost of living has got out of hand in this country as the tax burden of big business has been transferred onto the shoulders of the community and so by its very weight crushing the economic life out of it. Around one third of big businesses don’t pay any tax, “One-third of large companies in Australia still don’t pay any tax despite a taxation office crackdown on the big end of town that has been under way for five years.” - Theguardian-(australia-news-2021-dec-10-one-third-of-big-businesses-in-australia-still-dont-pay-any-tax-five-years-into-ato-crackdown) Some of these businesses even receive handouts or subsidies from the government. “Fossil fuel subsidies cost Australians a staggering $10.3 billion in FY 2020-21 with one Commonwealth tax break alone ($7.84 billion) exceeding the $7.82 billion spent on the Australian Army, according to research released today by The Australia Institute. In fact, $10.3 billion in Government subsidies means that in 2020, every minute of every day $19,686 was effectively given to coal, oil and gas companies and major users of fossil fuels…………………………………………….. …….. “Coal, oil and gas companies in Australia give the impression that they are major contributors to the Australian economy, but our research shows that they are major recipients of government funds,” said Rod Campbell, Research Director at The Australia Institute.“ - Australiainstitute-(australian-fossil-fuel-subsidies-hit-10-3-billion-in-2020-21) The tax evasion behaviour described above has been going on for decades under both Labor and the LNP. In this kind of environment, where permissive thinking undermines integrity leading to such behaviour being normalised, we should not be surprised to discover individual politicians who have been spying against us on behalf of foreign governments.

[@Riskninjaz]

This is simply another tax on everyday Australians.

[@diwykes2037]

So we should forge ahead with our renewables, take away our reliability on gas and improve our finances, our environment and our health. If we do that and gas is not providing royalties or tax for Australia, and we are wrecking the environment and making the climate change emergency worse, then can someone please explain why we continue to pursue gas extraction? Serious question.

[@shentibagri]

Legend policymakers 🎉 If Middle East was dining like Australia, they might been riding camels now. Not building cities like Dubai. 😂😂😂

[@edward5643]

Just a thought but how about we make the government nationalize it all it belongs to the people and the people should be getting the profits to ne spent inside the country to increase our standard of living instead of our standard of living being reduced to the third world like its headed

[@mrdbooks7285]

Or we could just use Coal instead of Gas - Problem Solved.

[@thegeneralist7527]

More CO2 is good. Has no effect on climate whatsoever.

[@alexandermelbaus2351]

Australia should have access to cheap coal, gas and electrical energy. Are these materials in abundance not ours? Are we still a country or just an illusion of one? It makes my blood boil, how did this happen?

[@mrdbooks7285]

@@thegeneralist7527 - Man Made Climate Change is a Croc of sheeeet. Climate Change has been happening for Million and Millions and Millions of years, well before Humans. Yes, Human activity contribute a very very very small part to Climate Change, it is a Nothing. What Australia contribute to Climate Change is Non Existent. Have a Look at what China, India and the Democratic Republic of Congo are doing, the 3 Biggest Polluters in the World. CO2 also helps to Green the World btw.

[@mrdbooks7285]

@@alexandermelbaus2351 - Weak Politicians on Both sides of the Political divide, wanting the Multi-Nationals to help fund their Re-Election Campaigns. It is everywhere, look at the land and housing developers in this country, the big ones are just Multi-Nationals Masquerading as "Locals", they are just Raping and Pillaging this Country.

[@notright7]

Or use solar. Yes there are down sides to solar, but does the Out Back ring a bell. You could put solar there and be fine.