Tag Archives: coal oil and gas

Power Co’s subsidised $750m in unpaid taxes: ATO

Posted on June 30, 2013 by groundswellbasscoast

Here’s another one to add to the annual $10B subsidies for coal, oil and gas power companies. >readmore> Climate Spectator

Posted in Events local | Tagged , , , | Leave a comment

Mc Kibben – 80% to stay in ground – The Case For Fossil-Fuel Divestment

Posted on February 27, 2013 by groundswellbasscoast

Another great one via ThinkProgress – For any chance of warming less than 4degC, 80% of coal, oil and gas reserves must stay in the ground, which means Exxon-Mobil, BHP etc, share prices need to be devalued by 80%. Logic … Continue reading →

Posted in Events local | Tagged , , | Leave a comment

Bursting the carbon bubble

Posted on February 16, 2013 by groundswellbasscoast

From The Age – this story is about avoiding risk, from shares in coal, oil and gas, because their reserves are over valued by 80%. This makes all the shonky securities in GFC look like small change. Liberal stalwart John … Continue reading →

Posted in Events local | Tagged , , , | 1 Comment