That means you and I – yes the Australian tax-payer – paid a colossal multinational polluter to tell the government how to clean up a mess IT made! For example, Woodside received $8.8 million from the former Morrison Government to provide advice on how to clean up an abandoned oil vessel it was responsible for off the coast of Darwin. While a tax scrooge, the corporation has been happy to dole out more than $2.2 million dollars in donations to major political parties over the past decade and has benefited from huge chunks of cash from the public purse to bankroll its fossil fuel business model. The corporation is now pushing ahead to open up two new mega gas fields in Scarborough, off Karratha in WA,and Browse – north of Broome – that would blast Australia’s emissions reduction targets out of reach. In July 2022, it bought all of BHP’s petroleum assets, making it one of the largest extractors of fossil oil and gas in the world. Far from working to cut its emissions, Woodside is actively pursuing new fossil fuel business. Woodside has pumped 47.5 million tonnes of harmful carbon pollution into the atmosphere since 2016. Chevron can’t be trusted to cut its carbon pollution.īy strengthening the Safeguard Mechanism, we can make sure the Dirty Dozen don’t keep polluting as usual. The company is dumping millions of tonnes of carbon into the atmosphere, exporting Australia’s gas for mind boggling profits, and avoiding paying its fair share of tax. The simple fact is Chevron’s ‘carbon capture’ technology doesn’t work. On top of this, Chevron is pumping out millions of tonnes of harmful CO2 each year from burning gas to power the whole operation. Since then, it has only captured around a third of the harmful CO2 emissions produced by the gas field. It didn’t start injecting CO2 into the underground reservoir until August 2019, after three straight years of unchecked emissions. Unfortunately, the corporation broke that commitment straight away.ĭespite promising carbon pollution from the project would be sequestered deep underground, Chevron didn’t even have the technology ready to capture this pollution when the corporation started extracting fossil gas in 2016. ![]() Chevron was given permission to build the project on the condition that it captured all the carbon dioxide it produced and bury at least 80 percent of it. Take the company’s enormous $US54 billion Gorgon gas plant in WA. That’s an effective tax rate of 0.0000002%.Ĭhevron can’t be trusted to do its fair share on emissions reductions either. Last year, Chevron made $12.5 billion in total revenue from selling Australia’s resources, but paid only $30 dollars in company tax. While Chevron pollutes with abandon, the corporation is getting rich off Australia’s resources – funnelling billions offshore and paying essentially nothing in company tax.
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