The Greens have condemned Beetaloo Energy Australia\u2019s Final Investment Decision (FID), arguing the decision is a direct consequence of the Northern Territory and Federal government’s financial and regulatory greenlight for another climate bomb.<\/p>\n\n\n\n
Empire Energy\u2019s (now Beetaloo Energy) own ASX statement from May this year reports the company received $43 million in government funding across tax incentives and drilling grants. This is on top of millions of dollars provided by the Commonwealth and NT governments to support gas companies\u2019 operations in the Beetaloo basin. <\/p>\n\n\n\n
The project expects to start selling gas as soon as next year.<\/p>\n\n\n\n
Senator Steph Hodgins-May, Greens Spokesperson for Resources:<\/strong><\/p>\n\n\n\n \u201cThe Labor government hasn\u2019t just approved Beetaloo, it\u2019s spent millions of taxpayer dollars to push it over the line. This project is an environmental disaster that should never have been allowed to go ahead.<\/p>\n\n\n\n \u201cWe have a gas export problem, not a supply problem. The Labor government must respond to the gas market review by taxing exporters and prioritising existing LNG for the domestic market to bring down bills.<\/p>\n\n\n\n \u201cLabor needs to stop letting gas corporations write the rules and claim millions in tax offsets that belong in our schools and hospitals, and actually deliver for families. <\/p>\n\n\n\n Kat McNamara, NT Greens MLA for Nightcliff:<\/strong><\/p>\n\n\n\n “This is an environmental crime against the Territory. The Beetaloo FID ignores the overwhelming opposition from Traditional Owners and poisons the water source that our communities depend on.<\/p>\n\n\n\n “The Federal Government has betrayed Territorians. Our land is being sacrificed for profits, not for our energy security or our future.<\/p>\n\n\n\n \u201cThe CLP Government continually makes decisions for the benefit of their mates in the gas industry rather than for the Territorians they are supposed to serve. The Federal Labor Government\u2019s continued support and investment in the Beetaloo demonstrates that they are no better.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" The Greens have condemned Beetaloo Energy Australia\u2019s Final Investment Decision (FID), arguing the decision is a direct consequence of the Northern Territory and Federal government’s financial and regulatory greenlight for another climate bomb. Empire Energy\u2019s (now Beetaloo Energy) own ASX statement from May this year reports the company received $43 million in government funding across … Continue reading “CLP and Federal Labor do nothing to cut power bills, everything to fund Beetaloo gas profits”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-36566","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/36566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=36566"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/36566\/revisions"}],"predecessor-version":[{"id":36567,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/36566\/revisions\/36567"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=36566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=36566"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=36566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}