<
https://www.theguardian.com/business/grogonomics/2022/nov/14/how-much-more-revenue-would-the-australian-government-have-if-it-taxed-gas-companies-properly>
"In February one of the best things ever happened for gas companies: Russia
illegally invaded Ukraine. Since then they have been making out like … well,
like bandits – profiting off the human misery of that invasion.
No one is disputing this. Once we might have questioned profiteering from a
war. Now it is just an unfortunate event for Ukrainians that delivers massive
fortunes to gas companies.
Gas prices – and here we are mostly talking about Australia’s exports to Asia –
are greatly affected by events.
In the past 15 years the price of liquefied natural gas (LNG) in Japan has
spiked because of three events, including two earthquakes – one in 2007 that
shut down the Kashiwazaki-Kariwa nuclear plant, and another in 2011 that caused
the Fukushima nuclear plant disaster."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
