Australia is being urged to enhance its environmental stewardship by phasing out fossil fuel subsidies and ending new coal and gas projects. This call to action was highlighted during the WOMADelaide Planet Talks featuring former President of Kiribati, Anote Tong, and presented by The Australia Institute. A report from Digital Journal indicates that Asia's gas expansion threatens the global green transition. Additionally, Australia's Prime Minister has been criticized for supporting fossil gas until 2050, which is seen as pushing the government's commitment to net zero further out of reach. Senator David Pocock and other voices are calling for appropriate taxation of fossil fuels and using the revenue for public good, rather than allowing multinationals to minimize their taxes and take profits overseas. They also point to issues of state capture by the gas industry and the lack of royalties and petroleum resource rent tax for offshore LNG exports. Researchers assert that existing fossil fuel projects are sufficient to meet demand forecasts until 2050 if net zero changes are implemented, suggesting no new projects are necessary.
Study urges governments to halt new fossil fuel licences to achieve net zero goals https://t.co/0tRsAE5pFW https://t.co/4jNd2gdo2h
This does not seem like research @Aime_Williams but projections that affirm IEA's net zero case. "Existing fossil fuel capacity is enough to meet the world’s energy demands..There is no room for new fossil fuel projects in a 1.5°C-aligned world.” https://t.co/7uSoem160O… https://t.co/AkGX1IRM70
"The Australian public thinks the gas industry should be paying for the gas. "We can keep doing dumb things if we want to. "But if this Government wants to have more money for schools, more money for hospitals...there is a simple tax reform opportunity here." @RDNS_TAI #auspol https://t.co/LjYrdAwjSk
Researchers say world has enough fossil fuel projects planned to meet demand forecasts to 2050 if governments deliver the #NetZero changes promised to keep world from breaching its climate targets. Meaning no new fossil fuel projects are needed! #auspol https://t.co/OHOVPhuxJb
"Researchers say world has enough fossil fuel projects planned to meet demand forecasts to 2050 if net zero is reached." Story in Guardian UK covering an important piece from @fergusgreen in @ScienceMagazine. #auspol Read: https://t.co/ZAsIHk0YmP https://t.co/xo1Gre022w
"We're seeing state capture by the gas industry that is not paying royalties, not paying petroleum resource rent tax for offshore LNG exports." "And then many of these multinationals are managing to minimise their corporate tax." "This has to end." - @DavidPocock #auspol https://t.co/p4RbCh6FaL
"We are asking the Government to tax our fossil fuels appropriately, and to get that money and to use it for good, rather than allowing multinationals to take it overseas." @Mon4Kooyong #auspol https://t.co/C8T5yRNC2p
"In announcing Australia’s support for fossil gas all the way to 2050 & beyond, the PM pushed his govt’s commitment to net zero even further out of reach." Must-read article from @BillHareClimate: #auspol #climate https://t.co/lyAGfg17rK
Asia gas expansion threatens green transition: report https://t.co/D9Fy5oyAmb
Aust. must step up its environmental stewardship, phase out fossil fuel subsidies & end new coal & gas. #climate #auspol @WOMADelaide Planet Talks featuring former President of Kiribati, Anote Tong, was presented by @TheAusInstitute. From @radionational @natashamitchell https://t.co/XkhbYOYWzb