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by mmerlin
711 days ago
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Australia is burdened with ex-PM John Howard's fixed-price gas export deals until 2031. 500% domestic price rises. https://www.macrobusiness.com.au/2024/06/japan-and-albo-rort... "Cheaper" for the state of Victoria to re-import the gas already exported e.g. by Queensland to Japan at a loss (when subsidies and cleanup costs added - no security deposits to cover the cleanup of abandoned sites and offshore drilling rig abandoned offshore). Liberal petro-lobbyists using their failed policies as a reason to start fracking farmland. Gross failures in governance, because the entrenched system of post-politics "jobs for our mates" are awarded to the political stooges. IIRC pretty much every single Australian mining or resources minister post-politics works for the same companies they gifted billions to as a legislator. |
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