May 2024

Gas industry emissions will cost us much more than their so-called economic benefits

by Matthew Ryan

The emissions from the gas industry are delivering a devasting cost to our future

A supplied image obtained on Wednesday, January 22, 2020, of the Santos Liquefied Natural Gas plant in Darwin. (AAP Image/Supplied by Santos) NO ARCHIVING, EDITORIAL USE ONLY

Simple changes to Petroleum Resources Rent Tax could raise $18 billion: new analysis

Simple reforms to the Petroleum Resources Rent Tax could raise $18 billion over the next four years, new Australia Institute research has found. The report, A Stronger PRRT Cap, demonstrates that straightforward reforms would raise more revenue than the government’s proposed 90% cap on the expenses oil and gas companies can deduct from their PRRT

April 2024

Photography taken out of airplane. Hardy and Hook Reef separated by tidal channel

Government Environment Reform Backdown Set to Lock In New Fossil Fuels and Extinctions

More than 100 environment groups have signed an open letter calling for strong environmental law reforms as the Federal Government backs out of its already overdue ‘Nature Positive Plan’ to reform the Environment Protection and Biodiversity Conservation (EPBC) Act. The open letter, coordinated by the Australia Institute, will appear in the Sydney Morning Herald, The

Wednesday, January 22, 2020, Santos Liquefied Natural Gas plant in Darwin. (AAP Image/Supplied by Santos)

What is the PRRT?

by Jack Thrower

Gas extraction is often lauded by the industry as the ‘backbone of the Australian economy’, but the actual revenue collected from one of the main taxes on the industry falls staggeringly short of what most people would expect. Find out why this is the case – and what we can do to fix it.

March 2024

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