Shell Australia Chair Warns Against Gas Tax
Shell Australia Chair Cecile Wake testified before a Greens-led Senate inquiry regarding future energy policy. Wake stated that implementing a new tax on gas risks future investment in the sector. The testimony comes amid discussions regarding Australia's long-term gas requirements. Political leaders across various lines agree that the country will require increased gas supplies in the future.
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Sources · 7 independent
ABC NewsRadio AU
“Shell Australia chair Cecile Wake says it would be a very ill-advised move. And one thing that is broadly agreed at this point across political lines is that Australia is going to need more gas for the future.”
ABC NewsRadio AU
“He thinks that particularly in the context of the energy crisis we're experiencing, it's not the way to go. Make no mistake about it. The motive here won't be to generate revenues”
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