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$46bN per year: What Australia squanders on gas revenues would easily decarbonize (and educate) us.

Saul Griffith · 5 May 2026

Read the piece on energyandstuff.substack.com ↗

3 korrents from this piece ↓

Saul Griffith did not write this page.

Every claim below was made in this piece, quoted word for word and numbered in the order the piece makes them, so you can read it there rather than take our word for it. The sentence above each quote is our reading of the claim, not their wording. Each quote was checked against a stored copy of the page at build time; where the two differ, the quote is the fact.

  1. Our reading

    Australia's gas industry tax regime allows companies to become systemic non-payers.

    Their wordsIt is a story about Australia having built a tax regime that allows the gas industry to become (in the polite phrasing of the Australian Taxation Office) a "systemic non-payer."

  2. Our reading

    The warming impact of LNG over twenty years is roughly equivalent to coal at 3% methane leakage.

    Their wordsAt 3% leakage, the warming impact of LNG over twenty years is roughly equivalent to coal.

  3. Our reading

    Australia could electrify its entire light-vehicle fleet in under a decade using foregone gas revenue.

    Their wordsWe could electrify the entire light-vehicle fleet on properly taxed gas in under a decade.

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