Norway: revenue from oil and in 2023 est $327b of which the public gets 64%.

Australia: est revenue $164 billion and the public gets $16b in tax/royalties, just 9.8%.
#auspol #oligarchy #FossilFuelBillionaires #renewableenergy #fossilfuels

https://michaelwest.com.au/a-tale-of-two-fossil-superpowers-what-australia-can-learn-from-norway/

As most developed countries around the world continue to modernise their #transportation infrastructure with passenger rail, countries in North America (and #Strayia ?) have been abandoning railroads for over a century now, assuming that just one more lane will finally solve their traffic problems.. #captalism #lobbying #fossilfuels #FossilFuelBillionaires
https://hackaday.com/2023/04/07/riding-the-rails-by-ebike/

The toxic trickle down economics which all these governments have argued on is starting to roast governments across the planet. How did the rich get soooo rich? Who really is benefitting from not doing anything about fossil fuel?

##nswpol #france #trickledowneconomics #FossilFuelBillionaires
https://www.abc.net.au/news/2023-03-26/analysis-nsw-election-liberal-recriminations-after-loss/102145576

#FossilFuelBillionaires
#WeatherExtremes #ClimateChange

BHP earns $1.3 billion pre-tax from Mount Arthur, but says Perrottet government's $125 a tonne price cap is above its cost of production

https://www.newcastleherald.com.au/story/8093303/bhp-records-strong-earnings-from-coal-while-slamming-government-energy-market-intervention/