WOODSIDE AFTER MORE TAXPAYER SUBSIDIES

Friends of the Earth

Methane giant lobbies for more money to pollute

Reports today that Woodside is lobbying the government for more taxpayer subsidies to extract fossil fuels are deeply troubling.

A fossil fuel industry favourite, The West Australian, reports that the oil and methane giant is asking for the same government underwriting system now being offered to new renewables projects to be extended to include new methane gas as well.

This would result in even more taxpayer money going into supporting an industry which is wiping out any positive climate initiatives governments try to undertake.

According to a recent report, the fossil fuel industry is already getting about $57 billion from taxpayers.

Friends of the Earth Offshore Fossil Gas Campaigner Jeff Waters says the government should reject this grab for taxpayer money.

“What a cheek these methane barons have,” he said.

“They want to suck more of this dangerous gas — almost 90 times worse than carbon dioxide — out from beneath the ocean so they can prop up their massive profits with taxpayer money.”

“Friends of the Earth is appealing to the government to see this move for what it is: abject greed.”

“Instead of underwriting new offshore methane wells we should be banning them outright to protect our families from the climate crisis we are all facing,” Jeff Waters said.

/Public Release.