Greenpeace Australia Pacific has slammed fuel company battle profiteering and environmental harm in a scathing Senate listening to as a part of the Choose Committee on the Taxation of Gasoline Assets, urging honest taxation of fuel companies and the transition to safe, homegrown renewable vitality to guard Australian households and the economic system from future vitality shocks.
Talking on the listening to, Greenpeace mentioned the US and Israel’s unlawful battle on Iran has laid naked the elemental flaws of an vitality system constructed on fossil gas extraction, geopolitical energy performs and company greed, and shall be a defining second for a way the world thinks about vitality safety.
Watch the listening to:
Joe Rafalowicz, Head of Local weather and Power at Greenpeace Australia Pacific, mentioned:
“This isn’t an vitality disaster, it’s a fossil gas disaster. The disaster we’re all going through lays naked the hazards of fossil gas dependence, for our vitality safety, our communities, and for world peace and stability.
“Gasoline companies like Woodside, Santos, Shell and Chevron — the identical firms whose CEOs refused to entrance this Inquiry — are making obscene battle earnings, utilizing the unlawful battle on Iran to cost gouge, profiteer and push for extra fuel we don’t want — whereas folks and our surroundings pay the value.
“Australians are getting smashed by hovering payments and the impacts of local weather disasters — fuel companies ought to be paying their fair proportion to assist this nation, as an alternative of sending billions offshore, tax-free.
“However we’re at a turning level — whereas fuel companies cynically push to open up extra of our oceans and land to drilling for fossil fuels, our allies just like the UK are doubling down on renewables in response to the fossil gas disaster. Our buying and selling companions in Asia are making the identical reassessment of fossil fuels.
“Which is why the listening to as we speak is essential: an efficient and well-designed tax on the fuel trade’s obscene battle time earnings is an opportunity to channel funds to folks and communities, fast-track the rollout of unpolluted, safe homegrown wind and photo voltaic vitality, whereas holding polluters accountable.
“Our dependence on fossil fuels depart us overexposed to the whims of tyrants like Trump — it’s in Australia’s nationwide curiosity to finish the fossil gas chokehold for good and usher within the period of unpolluted vitality safety.”
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