Post #2207916
2026-05-07 03:47 UTC
@RaymondPierreL3@aus.social
Norway taxes fossil fuel exports at 75%. They have the world's largest sovereign wealth fund. The Australia Institute, Konrad Benjamin, and David Pocock have repeatedly pointed to Norway as a solution Australia should adopt.
Norway's Prime Minister:
Opening gas fields would:
“create great value for the community, lay the foundation for good jobs throughout the country, ensure our common welfare and contribute to Europe’s energy security and safety”.
https://www.theguardian.com/business/2026/may/06/norwegian-government-rebuked-over-decision-to-reopen-north-sea-gas-fields
Replies (1)
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@RaymondPierreL3@aus.social 2026-05-07 05:28
@gusseting@mastodon.social Yes it does and truly shows us a model to emulate. Prob is for Australia to emulate the Danes, the govt would need to be a shareholder with a controling interest (51%+) and there is little appetive for such an investment in any current political party/groups or even independent. But legislating a #GasExportTax is fully within the govt’s remit. And there the problem is with our politicians’ adherence to the flawed #NeoLiberalism that favours unfetted capitalism and deregulated markets. Change our govt with no major parties able to govt without #Greens and #Indies and we’d have a real shot at this…