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Gas Company Gets $44M Tax Rebate, Critics Cry Foul
Description
Taxpayer funds, totaling $44 million, are being funneled to Beetaloo Energy Australia for gas exploration R&D, despite exclusions for mineral and petroleum exploration. The government argues its for developing extraction techniques, but critics like the Tax Justice Network and Lock the Gate Alliance question the legitimacy, citing concerns about fossil fuel subsidies and the exclusion of industries like gambling and tobacco. Senator Penny Allman-Payne is investigating, and there are rumors of additional federal support for gas infrastructure in the Northern Territory, despite public opposition to fracking due to environmental concerns.
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