Common Fossil Fuel Myth Debunked!
Вставка
- Опубліковано 16 кві 2024
- How many times do we have to debunk the idea that Australia's built on the back of the fossil fuel industry?
After Greg Combet's recent appearence at the National Press Club, at least one more.
Here's Executive Director Richard Denniss with the facts.
Sign up to get our latest analysis sent to you via our fortnightly newsletter!
📧 theaus.in/newsletter
Help us make more videos like this by becoming a supporter:
❤️ theaus.in/donateYT
Where can we see the data showing the breakdown of revenue by source?
We also need to ban the "natural gas" advertising about keeping the lights on if we want to see a change in our energy grid...
I love the way you guys at the Australia Institute are always debunking popular economic myths. Many of those myths have been around for donkey's years. 😵
I recall reading that back in the year 2000 the Australian porn industry employed more people than the mining industry. And I assume they could have likely paid more in tax, especially considering porn wasn't subsidised by taxpayers...
By "budget" they mean the donations to the ALP and LNP . . .
Would love too see this analysis, where can I find it?
Holy mackeral how do we stop these thieves
I used to like Greg Combet. I forgot that Bipartisan is Tryhardisan.....
What about the balance between imports and exports into and out of Australia?
Does that play a big part in determining the value of the Australian dollar, and do fossil fuels make up a significant proportion of our exports?
I’m definitely not pro fossil fuel or anything. I would actually like to know the answers to these questions. I am not writing them rhetorically. Maybe you guys could make a video about it. Thanks.
Great work
What ever happened to 'Riding on the Sheep Back'?
Biogas?
Love your work.
Everyone knows HECS payments of debt and taxation is the backbone of this country. Now fairly tax the rich, corporations and get rid of negative gearing, capital gains tax discounts and franking credits. We need to rebalance the country. I'm 65 and never known, working homelessness, reduction in public housing and overt greed like this. Heartbreaking 😢
The tax revenue from the fossil fuel industry isn't a big deal because they duped Australians into rejecting Kevin Rudd's plan to make it a whole lot bigger. What a wasted opportunity that was.
It's not about the "budget" since government is and will always be a sideline.
It's the exports that are the issue. Coal's Australia's second largest export and gas is in third place. Between them they're around a third of the total.
That, not the budget of the government, is the crux of the problem. The flow of wealth into or out of Australian society overall.
I'm actually against fossil fuels to be clear but denial of the situation does nobody any favours. What's needed is to urgently establish other industries to replace coal and gas exports and that producing things we can sell overseas or which replace imports. It doesn't mean services or make work schemes supplying a purely domestic market.
As for the budget, well that's only the government. Most of society, and most of the economy, isn't government, that's the bit completely missed here.
Geese the right wing bots jumped on this one
Why cant the world agree on this energy shit. Why don't we go build a bunch of miniature pilot towns for an experiment - run them on the various sources of energy or combinations of and see who performs the best?
On topic, Disproof Methodology Philosophy requires Absolute continuity for the Common Good health and welfare of Australians.
In the old language, do or die, learn how the world actually works, Control Fraud and liars payed for treachery and betrayal with Dark Money fossil fuel profiteering.
The fact that you need to lie and exclude any other tax (income) as well as the tax from downstream economic activities shows just how full of it your "institute" is.
1%?? Turn off the tap & find out exactly how much time it takes to get your groceries or attend a doctor's appointment. I've come to a view that the "human condition" is insanity. There's your proof.
First comment
Thankyou
You're overlooking the indirect benefits. The fossil fuel industry employs people, who pay income tax, and spend money. While I agree with the premise that we likely overstate it's influence, this video is not telling the whole truth. This is why the Australia institute has a rep of being so biased
Not a big employer of people for a start and they need to pay for our gas.
Look to Norway for the model
You didn’t cover all the facts. What about the indirect taxes that the fossil fuel industry creates. Wage taxes from employees, who spend their wages on cars, fuel, groceries ect. Stimulating local economies creating more taxes.
The mining companies should pay more taxes .
Very selective journalism Comrade.
They are not a big employer but make huge profits without paying tax.
We are a dumb country
just look to Norway to see how to get money from the fossil fuel giants
Took about 1 min to find find this information: Statistics show that approximately 200000 people work in the entire mining Industry and 14269600 people are employed in Australia. So the entire mining Industry employs about 1.4% of the overall workforce. Fossil fuel mining alone would employ a lot less people but obviously there would be businesses directly Involved with the mining Industries employing more people but in the scope of things its only a surprisingly small percentage of the working population of Australia.
How do u make things without fossil fuels?
Right!
But that's not the point of this video.
nothing ever happened before 1750AD, you heard it here first folks Major (not a major) Carlton 137, noted historian, has blown the lid off the truth!
@@Tasmantor actually, nothing ever happened before 1750 AD. 99% of the world lived in abject poverty.
In electrically powered factories. True, it can and is done. And it can be done a lot more. Great isn't it.
@@MrDisasterboy Where does electricity come from? Solar and wind is intermittent, and cannot run factories. Batteries are absurdly expensive and 50 years away. Everything we make now requires FFs. We can't just shut it down until we have a replacement.
'Richard Denniss. Executive Director. Executive Director of the Australia Institute
The Australia Institute has extensive links with the Greens, undermining 'Richard Denniss. and Australia Institute's central claim of being ‘fiercely nonpartisan’.
Many senior employees of the Australia Institute have worked with the Australian Greens or other environmental organisations. This includes the founder and former director of the institute Clive Hamilton (who ran as a Greens candidate), former Director Ben Oquist, and current Executive Director Richard Denniss (who both worked for Australian Greens leader Bob Brown),
what!? A think tank with political links, unbelievable! Good thing the others don't have ties to the LNP or Labor or major players in industry.
So what? Something wrong with a social conscience is there?
"extensive links' - what does that even imply? Attacking the man is a low blow. Debate his ideas and argue for yours buddy! You must be from the IPA or some similar "independent" think tank, hey?
Im guessing graeme is another rusted on boomer who cant handle the facts
How is 1% of tax revenue calculated? Does it include royalties (not "tax"). Does it include the income taxes from people employed in the FF industry and supporting service industries? What about the huge revenues that come form min and agriculture that relies heavily on consuming FFs? I don't believe a single word the Australia Institute says about anything, and they consistently fail to provide proper references for their absurd claims.
Was going to ask basically your question, along with: Does it include the corporate tax those companies are charged? He spent more time complaining than explaining.
They are more trust worthy than the Government and Business lol
@@glenmacdonald3477 If you paid tax in 2020, you paid more than Shell and others, so how's that for an equitable state of affairs?
They get 10 billion in subsidies per annum and then charge us a world parity price for our own gas, pushing the price of everything up
Just need a government to stop taking their $ and take some action
As for the data, the AI present to parliamentary committees on a regular basis and always quote their data sources. In short they hide nothing.
Check their website
Note, they were the first to point out that corporate greed contributes to inflation more than wage increases which was later backed up by the IMF.
1% of tax revenue, if that is even an accurate figure, being almost entirely just from one product (coal briquettes) is considerable. Especially in an industry on the downturn. Tax revenue is also not the whole economy, so it contributes more. That's to say nothing of the possibility of taxing more or expanding the industry. Taken as a wider industry, mining, is incredibly important and absolutely responsible for the wealth and living standards of this country since as early as the gold rushes.
But what other specific product or even service gives this much?
It is obvious that not economically exploiting a resource means you will be worse off. Especially when you are the largest exporter of it and can't get that position back. And the fossil fuels industry right now does not address the fossil fuel industry in total, particularly in booms. Living standards have only gotten worse.
The problem here is that economic concerns, that is material reality, plays no part. Ideology and lucrative access to public funds is the driver of your policy advice. So to talk about economics is farcical to begin with. Especially to talk about living standards of ordinary people. Since whatever reality is, you would skew towards what you want. It's not an honest approach and this video is very much written in a lowest common denominator trashy sensationalist journalist way.
Also, Australia has largely failed to transition to the point that it has the luxury to kill industries. This is because it has so many untapped resources in all but empty land and a privileged position in the world economy for ethnic reasons (see other Englishspeaking countries) that it hasn't really been necessary to be economically competent. Australia has little to no industry as it is, so it's not a good idea to ideologically regulate against substantial, actually productive parts of the economy. Since mining in general and agriculture in general also draw your ire. Service economies, depending on what that actually means, can be largely (though not entirely) just unproductive exploiters of industrial economies globally.
The tax revenue (mentioned in this video as a one per cent source) was not quoted as "from one product [briquettes]). The one per cent tax revenue source is the entire fossil fuel sector in Australia.
No mention was made of the mining sector in this video.
Your (seemingly) AI generated comment is juvenile at best, failing to address the actual argument Dr Denniss makes.
Cheers!
@@attilajuhasz2526 The real issue is that tax revenue is mostly not the point since most of Australia's economy isn't government.
Exports are what this is actually about and the subject that any sensible discussion needs to focus on. I'm not in favour of fossil fuels, but I'm not in favour of plunging Australians further into poverty either.
We need alternative industries for export, that's what it comes down to. Any tax or jobs are a side issue at most.
You live in a cave.