Big Gas is taking the piss | Television Ad
Australia, Big Gas is taking the piss. We made this TV ad to make sure people know.
Around 80% of Australia’s gas is exported as liquefied natural gas (LNG), the gas industry pays ZERO royalties on more than half the gas exported.
Australia has an abundance of gas. In fact, Australia is one of the biggest exporters of gas in the world, alongside Qatar.
Australia Institute research shows over half (56%) of gas exported from Australia attracts zero royalty payments, effectively giving a public resource to multinational gas corporations for free.
It’s time the gas industry started paying its fair share.
There is no gas shortage
The gas industry loves to pretend that we have a shortage of gas. The reason? To use as cover to open new gas fields, most of which will feed their export plants.
We thought we’d better make an ad for that too.
To add insult to injury, these exports are driving up gas and electricity prices for Australians.
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
Should Australia ban fossil fuel advertising?
A tobacco-style ban on fossil fuel advertising would be a decisive win for Australia – and the climate.
Fossil fuel subsidies
When governments subsidise fossil fuels—coal, gas, diesel, petrol—they not only waste public money, they also make climate change worse. Subsidies and tax breaks make fossil fuels cheaper, making it harder to switch to renewable energy and cleaner technologies. Ending fossil fuel subsidies is common sense and good policy.
Big Gas taking the piss: New research on Japanese gas giant, INPEX
New research by The Australia Institute highlights that Australia has a gas export problem, reinforcing the cross-party consensus that has emerged during the election campaign.