Sean K
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Yes, I agree. Why the but?
We all are responsible.Well, it's the 'per capita' bit. Australia is not responsible for global boiling. In fact, as a continent, we are a CO2 sink. We reduce the overall effect of global emissions, like many other large countries with high per capita emissions. Let's point the finger in the right direction.
We all are responsible.
Australia is the 14th highest emitter in the world which isn't a bad effort because we wouldn't be close to that in population.
China contributes 30%. USA 14%.
We are 1.2%. UK is 1%. We can't be proud.
Look at graph below and tell me we are doing our bit. At least we beat Saudi Arabia. Largest 15 countries for emmissions shown in graph following.
View attachment 160638
We didn't use to be the second worst.Actually, I thought Australia was the 1st or 2nd biggest emitter pp. Pretty bad for a continent. Hmm, why would that be? Maybe because most of it is uninhabitable.
But, according to the science, the problem is not pp, it's total global emissions. The troposphere does not warm according to per capita over a particular country, it's total emissions from anywhere, including sheep farts and cow burps from NZ, or Argentina.
As I said above, science also tells us that Australia is actually a CO2 sink. We suck up more CO2 than we disperse.
Go to the Our World in Data CO2 page and pump in as many variations as you like to see who is actually spitting out CO2 which is destroying the planet.
We didn't use to be the second worst.
Quite a few countries beat us once including the USA and Canada (who need a lot of heating).
We had to work at it. Let's go for number 1
Just fascinating watching this back and forth.
I opened this discussion on Aust-Chinese relations (not CC) on the current widespread natural disasters impacting on China. The latest is a severe earthquake. My comment was humanitarian and diplomatic. In fact many countries offer disaster aid even to perceived threats for many diplomatic as well as humanitarian and commercial reasons.
So along comes Sean. Totally ignores the human havoc being experienced and suggest/demands China should shut down all its current coal fired power as well as future ones. Decides that these overwhelming disasters are caused by human created GG and, because China in the last 30 years, has become a major GG contributor it needs to be treated as the major instigator of this massive global heating disaster.
This is the CC disaster that Sean steadfastly says elsewhere is overblown, alarmist and needs to be kicked to the curb at every opportunity. Unless of course there is an opportunity to lay the entire blame on some else ie China/India.
Aluminium smelters, from coal fired power stations... And a low dispersed populationThere's some very good reasons for getting to number 1
Aluminium smelters, from coal fired power stations... And a low dispersed population
Our population is highly concentrated. No, its just that we are backward.Aluminium smelters, from coal fired power stations... And a low dispersed population
You diverted the topic to CC. No I didn't Sean . I was talking about the extreme natural disasters currently hitting China
You're implying an earthquake was due to CC. No I wasn't. That just happens to be the next disaster that is happening in China
You are the one saying CC is 'cataclysmic.' Yes it will be. We are getting a taste for the consequences now. But you decided to trash China for its CO2 emissions and "demand" they should immediately kill all their coal fired power stations.
I was saying, and still say, that when any country suffers overwhelming disasters IMO it is just good policy as well as humanity to offer some support.
I agree. If Global Boiling is so much of an issue we should divert all our resources to China and India. You go first.
Gas, money and spies: Time running out for Timor-Woodside deal
The Australian government, energy giant Woodside Energy and the tiny island nation of East Timor are locked in a high-stakes, 20-year stand-off.
The tensions cut across the global energy price crunch, geopolitical power plays involving Canberra and China, a spying controversy, East Timorese nationalism, a big taxation opportunity and the economic viability of one of Australia’s closest neighbours.
At the heart of the wrangle is: if, and where, a potential $20 billion liquefied natural gas project in the Timor Sea will pipe and process gas recovered from waters in the Greater Sunrise field, situated 150 kilometres off East Timor and 450km north-west of Darwin.
In a game of political-corporate brinkmanship, Woodside is adamant the only commercial option is to process the gas at the established energy hub of Darwin.
But powerful East Timorese political leaders, including returned President Jose Ramos-Horta and influential former president and independence fighter Xanana Gusmao, insist the LNG processing plant must be constructed at the island’s south coast, to create jobs and economic prosperity for its impoverished citizens.
Tripartite negotiations between East Timor, Australian government officials and Woodside are at a sensitive stage, according to sources close to the discussions. East Timor’s government has lobbied the new Foreign Affairs Minister, Penny Wong and Resources Minister Madeleine King.
There is speculation that East Timor may try to dump Woodside as the project’s operator and joint venture partner. But close observers worry such a move could deprive East Timor of its only path to economic security and create problems for Australia.
The Greater Sunrise gas field is 56.56 per cent controlled by state-controlled company Timor Gap. The project’s operator, Woodside, has a 33.44 per cent interest and the technical experience to get the project off the ground. Japan’s Osaka Gas has a 10 per cent stake.
The value of gas and condensate resources in the Sunrise field has been estimated at more than $US50 billion ($70.2 billion).
A decision due before the end of this year will determine the flow of potentially tens of billions of dollars in revenue to Woodside shareholders and both governments via royalties. Yet, unless the project gets the go-ahead soon and is producing LNG before the end of this decade, East Timor faces bankruptcy.
Under financial pressure, Western foreign policy officials worry the fledging democracy could become unstable and be vulnerable to China’s overtures.
The Albanese government wants Sunrise developed as quickly as possible, in a “commercially viable” and “technically feasible” manner, in line with a 2018 maritime treaty signed with East Timor.
Oil and gas dependence
Oil and gas accounts for 80 per cent to 90 per cent of East Timor government revenue to pay for public spending. The existing Bayu-Undan offshore gas field in the Timor Sea, 250km south of East Timor and 500km north-west of Darwin, is due to run out by late this year, depriving Dili of almost its entire annual revenue.
The country’s $US18 billion petroleum fund is on track to be depleted by about 2030, leaving East Timor with no money to fund basic services for its 1.3 million citizens.
Parker Novak, who worked in Dili for 18 months until 2019 as the East Timor program director for the pro-democracy, Washington-based International Republican Institute, says getting Greater Sunrise producing gas is critical to the country’s future.
“They’ve got to get Sunrise developed and producing meaningful revenue by the late 2020s,” Novak says.
“Timor’s political leaders have spoken for years about diversification and avoiding the ‘resource curse’, but they’re about to run head straight into it ... if Sunrise doesn’t work out, economically there is nothing else.”
Under a maritime boundary and revenue sharing deal renegotiated in 2018, Australia is entitled to 20 per cent or 30 per cent of the royalties from Greater Sunrise and East Timor is eligible for 70 per cent or 80 per cent.
But Australian Secret Intelligence Service officers, dressed as tradesmen, planted listening bugs in the prime minister’s office in Dili.
The secret devices enabled Australian spies to eavesdrop on East Timor’s political leaders during their private deliberations for negotiations with Australia for dividing the Timor Sea maritime boundary around Sunrise.
Australia, sitting across the negotiating table on maritime boundary negotiations, knew the private thoughts of its inexperienced and undersized interlocutor.
Acting under the guise of a friendly neighbour helping a poor emerging nation, Australia resorted to espionage partly for the corporate benefit of Australian-based oil and gas companies keen to develop Greater Sunrise. Woodside was a major joint venture partner at Sunrise, with Phillips Petroleum (a precursor to ConocoPhillips) and Shell.
A 2005 treaty secured Australia and East Timor a 50-50 split of the royalty revenue from Greater Sunrise. A maritime boundary favourable to Australia was locked in for 50 years. This was despite Greater Sunrise being about three times closer to East Timor.
The deal was promoted by the then-foreign affairs minister Alexander Downer as a big win for East Timor because it was an improvement on the previous 18 per cent it was entitled to and the 82 per cent Australia previously controlled. Downer (now a columnist for The Australian Financial Review) later joined Woodside as a consultant after exiting politics.
Former US diplomat and chief oil and gas negotiator for East Timor, Peter Galbraith, in 2019 told The Guardian that the spying was “shocking” “corporate greed” undertaken by the Australian government as “shills for the corporations”.
Spying on governments for political purposes is widely considered fair game. But governments spying and collecting intellectual property for corporate purposes is generally considered to be crossing a red line – acts for which the United States and Australia often condemn China.
Forced back to the negotiating table
The secret intelligence advantage that Australia held over East Timor may never have been exposed, except for an ASIS whistleblower, known as “Witness K”.
Initially, he reported his concerns to the intelligence watchdog, the Inspector General of Intelligence and Security, and later an approved lawyer, Bernard Collaery.
Collaery believed Australia had breached international law and the maritime boundary treaty was void. He reported the alleged breach to the United Nation’s International Court of Justice.
Collaery, in his book Oil Under Troubled Water, also alleged Australia secretly connived to hide billions of dollars worth of helium gas from the Bayu-Undan gas field, a move that former Victorian Labor premier Steve Bracks says was “our betrayal of the Timorese”.
“While our army was on the ground bravely bringing peace to a shattered land, in Canberra our Department of Foreign Affairs and Trade was scheming to deny Timor-Leste billions of dollars of desperately needed revenue,” Bracks wrote in a forward to Collaery’s book.
In a similar blistering assessment, former Financial Review journalist and former adviser to East Timor, Paul Cleary, says in his book, Shakedown: Australia’s grab for Timor oil, “Australia, the country which had delivered freedom to the Timorese by intervening against Indonesia’s bloody attacks in 1999, was now trying to deny it a fair share of the [oil and gas] profits”.
Nevertheless, Collaery and Witness K were charged in 2018 by Australian authorities for breaching intelligence laws. Witness K received a three-month suspended sentence. The new Labor federal Attorney General, Mark Dreyfus, in July this year dropped the charges against 77-year-old Collaery, who is a former attorney-general of the Australian Capital Territory.
(The influential Gusmao thanked the Albanese government for abandoning the charges and said the decision “allows our countries to move forward in a positive way to strengthen our friendship and cooperation”. The disclosures by Collaery and Witness K forced Australia back to the negotiating table on the maritime treaty and revenue sharing deal.)
A new deal with Australia
After a long and tortuous international arbitration, in 2018 a new deal was signed. Instead of the 50-50 split under the spy-tinged treaty, East Timor is now entitled to 70 per cent of the royalty revenue from Sunrise if the gas is processed in East Timor, or 80 per cent if the gas is processed in Australia. Australia will receive 20 per cent if the gas is piped to Darwin, or 30 per cent if East Timor processes the gas.
The revenue sharing agreement is designed to compensate the country that doesn’t secure the broader economic development benefits of onshore gas processing.
East Timor is proposing new greenfield developments at three sites along its Tasi Mane south coast at Beasso, Betano and Suai, including new ports, a refinery and connecting highways.
But Darwin has the advantage of existing LNG infrastructure including a port, processing plants, highways and a skilled workforce.
A tanker arrives in Darwin Harbour to deliver an LNG cargo to Inpex’s Ichthys LNG export project.
To accommodate new gas supply from Sunrise, Woodside probably needs to strike a deal to expand processing capacity by building new LNG trains at either Santos’ Wickam Point plant or the Inpex-operated Ichthys processing facilities at Bladon Point.
An independent report for the international conciliation commission process in 2018 estimated that East Timor would require a $US5.6 billion subsidy to build the project locally, to achieve an adequate rate of return that would attract equity and debt financing.
Woodside considers East Timor as too expensive and too risky. Observers also say Woodside would need to factor in sovereign risk, the potential for corruption, workforce challenges and the potential need to fly-in, fly-out workers if the processing plant was built in East Timor.
But East Timor’s political leaders and influencers are not backing down. A confidential report prepared for East Timor’s government and leaked to the Financial Review last month found that the stalled gas project could be built and run at a similar cost in East Timor, instead of Darwin.
The ERCE consultancy report, commissioned by state-owned Timor Gap, estimated that the total capital expenditure for the LNG project construction would be $US11.8 billion in Darwin and $US14.1 billion in East Timor, according to the report finalised in July 2021.
ERCE estimated that annual operating costs for upstream, midstream and downstream gas processing would be $US1.3 billion a year cheaper in East Timor at $US5 billion, versus $US6.3 billion in Darwin.
Engineering challenges
Underlining differing views between Woodside and East Timor, a footnote in the report says some of the operating costs are based on Timor Gap’s “upstream and downstream cost estimates which differ from operator” Woodside.
Several energy industry experts, including East Timor sympathisers, are sceptical of the findings. While the 150km distance to East Timor is three times closer than Darwin, the massive pipeline would need to be laid along the bottom of the “Timor trench”, which is up to 3000 metres below the water surface.
Oil and gas engineers say this is technically possible, but highly risky due to the geology of the seabed depression that would risk the pipeline being damaged from seismic activity.
In contrast, a pipeline stretching 450km to Darwin would be laid along the continental shelf, where pipelines already run from other oil and gas fields north of Australia.
Veteran oil and gas engineer Geoffrey McKee says he advised energy companies and East Timor political leaders including Ramos-Horta between the late 1990s to the mid-2010s on developing Sunrise, and originally pushed for the gas to be piped to East Timor.
“I feel very guilty about this pipeline idea because I promoted it in 1999,” McKee says. “It’s very expensive and very risky at 3000 metres down.
“But East Timor has still got this fixation on onshore and see it as a game of chess they have to win, but they’ve lost the whole bloody project at great cost to the people.”
Speaking from Vietnam, McKee says technology advancements since his onshore processing idea mean that a floating LNG platform at Sunrise is a better option.
“It’s more cost-effective than a greenfield site,” McKee says. “But the floating LNG didn’t give Gusmao the onshore economic benefits.”
Diminishing appeal of floating LNG
Sydney-based Credit Suisse energy analyst Saul Kavonic says: “Developing Sunrise via existing LNG infrastructure in Darwin is more economically compelling than via a new site in East Timor.
“Unless a government is willing to provide a multibillion-dollar subsidy on geopolitical grounds, Sunrise is either going to be developed in Darwin, or not developed at all, in our view.”
Kavonic says floating LNG is no longer a good option. “Floating LNG [FLNG] was considered years ago, but is no longer a viable option following Shell’s exit from Sunrise, alongside less appetite for such large-scale FLNG projects in the region in the wake of the disappointing experience at Prelude.”
Floating LNG produces natural gas on a platform offshore, with tankers then collecting the LNG. Shell’s Prelude floating LNG project at the Browse Basin around the North West Shelf off Western Australia has had mixed success and the technology has proven more costly than hoped.
Moreover, Shell in November 2018 sold its 26.56 per cent interest in Sunrise, robbing Woodside of a potential joint venture Sunrise partner with floating LNG experience. East Timor spent $US650 million buying out Shell and ConocoPhillips four years ago to gain majority control of Sunrise.
ConocoPhillips executive Chris Wilson said at the time: “While we differ on the proposed economic development option, we recognise the importance of Sunrise to the nation of Timor-Leste and hope the sale of our interest to the government allows them to progress their vision for the development of Sunrise.”
Gusmao was the special representative overseeing East Timor’s buyout, giving it an almost 57 per cent share. Observers have questioned the poor East Timor spending finite taxpayer money on the project.
East Timor has also built a new $US135 million airport on the south coast, in the hope of attracting the gas processing plant and demonstrating the supporting infrastructure that it is capable of providing. But observers say the new Suai airport is largely empty and only has the occasional light plane arriving because most commuters fly to the Dili international airport.
Moreover, the $US18 billion sovereign wealth fund, which is usually well governed, had $US1 billion raided around the time of the April presidential election to pay for social assistance for resistance fighters.
A hot political issue
Nevertheless, Gusmao remains determined to secure onshore gas processing and is waging a battle to secure economic sovereignty and independence for East Timor.
The independence fighter Gusmao – president from 2002-2007 and prime minister from 2007-2015 – does not currently occupy an official position in the government but is viewed as a de facto leader wielding influence with senior politicians.
His dream of a local LNG processing plant has become a hot political issue around recent and upcoming elections. The largest party in the governing coalition, Fretilin, had been neutral on whether to build the project at home or in Darwin. But around elections, opposing local processing would not be a popular political message.
Parliamentary elections are due in the first half of next year and there is speculation that Gusmao could possibly return as PM, or at a minimum, remain a power player.
“There is a lot of politics around it,” Novak says. “This has been his baby for a long time ... He is absolutely convinced this is going to deliver the country’s economic future and be the legacy he is going to bequeath.”
Gusmao spent 17 years as a guerrilla resistance fighter in the jungles before being arrested in 1992 and jailed for seven years in Indonesia. His persistence has kept proving naysayers wrong, such as achieving independence and the 2018 renegotiation of the maritime boundary.
Novak says while he is sympathetic to East Timor’s objectives, the better option for the people of East Timor is probably to build the project in Darwin. “There are a lot of viability questions and I tend to think Timor hosting the LNG processing plant is rosily optimistic,” Novak says.
The countries and Woodside are trying to conclude a governance and legal framework this year, including a production-sharing agreement between the joint venture partners, a petroleum mining code, tax and royalties, custom rules and emergency management.
At the tripartite negotiating table are East Timor’s National Petroleum and Minerals Authority, Australia’s Department of Industry, Science and Resources and Department of Foreign Affairs and Trade, and the project’s energy partners from Woodside, Timor Gap and Osaka Gas.
East Timor hopes that the new Labor government may be sympathetic to East Timor, given the new government’s interest in greater economic and diplomatic engagement with island neighbours.
One argument that supporters of East Timor are making is that by helping East Timor to build a new port and wharf for the project, it could strategically block China and be a geopolitical win for Australia and its Western allies.
One external consultant even suggests the pipeline could be armed with Western intelligence apparatus to spy on Chinese navy ships and submarines.
China’s presence in East Timor is growing through the construction of other infrastructure and aggressive diplomacy. One former adviser to East Timor says Australia’s betrayal of East Timor during the spying scandal backfired and gave China an opening to move in.
Western officials worry that a financially desperate East Timor could become easy prey for a cashed-up China seeking to expand its influence in the Pacific and south-east Asia, as it has already done via a security agreement with the Solomon Islands.
In 2019, East Timor signed a memorandum of understanding with state-owned China Civil Engineering Construction Corporation to build a port at the proposed gas processing plant site at Beasso for an estimated $US943 million. However, the deal never completed, with third-party investors apparently balking.
Alan Dupont, an Australian former senior national security adviser and former adviser to East Timor says Australia must look at the situation strategically, beyond pure commercial terms.
Courting Chinese investment
“If we don’t support East Timor’s economic development, that opens up the opportunity for China to exploit it as they have in other places,” he says. “The East Timor elites are fully committed to getting this processing facility in East Timor.
“If Woodside doesn’t come to the party, I’m pretty certain East Timor will look elsewhere to build the processing plant and China would be the logical place to look.“
Chinese Foreign Minister Wang Yi, left, stands on the stage with his East Timorese counterpart Adaljiza Magno as they pose for photographers during their meeting in Dili, East Timor in June.
Novak says East Timor has been trying to entice Western investment from Australia, the US, Japan and Europe for years. “But they have been courting Chinese investment for years for this project and other infrastructure too.”
He recalls driving along a brand-new highway on the East Timor south coast in 2018 that was built by China under the Belt and Road Initiative. “It was a beautiful road,” he says. But within a month, there was a giant landslide that took out a very large section of the road and, for months and months, it wasn’t fixed.”
Drivers were detoured on to the opposite side of the road along a one-way stretch for 1 to 2 kilometres, he says.
And industry experts are unsure if China has the oil and gas expertise like Woodside to construct the undersea pipeline.
Oil and gas prices
Woodside wrote down its 33 per cent interest in Sunrise to a value of zero in July 2020, when oil price futures turned negative during the pandemic. Oil prices have since unexpectedly rebounded strongly to above $US100 a barrel this year, underpinned by sanctions on energy-rich Russia’s unprovoked invasion of Ukraine
The energy price spike and search for new sources of oil and gas outside Russia have led to calls from Woodside chief executive Meg O’Neill for “serious consideration” to be given to kick-starting stalled gas mega-projects, including Sunrise.
O’Neill said in April the energy crisis fuelled by Russia’s invasion of Ukraine “may help pick up the pace in progressing those discussions” on the Sunrise scheme’s production-sharing contract.
Woodside is adamant that East Timor’s stipulation that an LNG plant is built on its southern coast is not viable.
“The economics of taking gas to Timor Leste and building new plants just are prohibitive – so that’s something that needs to get cracked – but the PSC [production sharing contract] terms need to get sorted out first,” O’Neill said in April.
“The field is closer to existing LNG infrastructure. There’s potentially some interesting opportunities there to use existing facilities. So just from an economics perspective, taking the gas to Timor-Leste and building a brand-new plant just doesn’t make sense.”
A former Western adviser to East Timor and long-time supporter of the country sums up the situation: “What this country desperately needs is revenue before 2030.”
Australia looks to have been blindsided by East Timor’s move to upgrade ties with China at the weekend, leaving Canberra with a new and urgent problem on its doorstep.
How much the Albanese government knew about Dili’s decision to elevate its relationship with Beijing to a comprehensive strategic partnership before the announcement was made in China on Saturday is unclear.
Foreign Minister Penny Wong, who was in New York over the weekend for the UN General Assembly, has not yet commented on the agreement, which includes a commitment to enhance “high-level military engagement” between the two countries.
But the fact her 15-month frenzy of Pacific engagement may not have entitled her to a courtesy call from our closest geographic neighbour before the announcement should be cause for concern.
Last year, Wong accused the former Morrison government of having “dropped the ball” in the Pacific over the Solomon Islands decision to sign a security agreement with China. But it was under her watch in July that the two nations signed their own CSP and law enforcement pact allowing a greater Chinese police presence in the country, one that could potentially see Beijing replace Australia as the Solomons’ provider of choice for police training and backup.
Prime Minister Manasseh Sogavare’s decision to skip US President Joe Biden’s second annual summit for Pacific Island Forum nations at the White House on Monday suggests his controversial pivot to China is complete.
Vanuatu also declined, though for domestic reasons. Sato Kilman faced a no-confidence vote in parliament on Monday.
Biden expressed disappointment at the Solomons snub after Sogavare used his weekend speech to the UN general assembly in New York to praise China’s development co-operation as “less restrictive, more responsive and aligned to our national needs”.
But Beijing’s triumphant unveiling of closer ties with Dili less than a day later raises a potentially thornier problem given East Timor’s geographic proximity to Australia. Australia is still Timor’s largest international donor, and a trusted provider of services there.
But Canberra does not have a comprehensive strategic partnership with Dili, even as it has been busy elevating ties with key Southeast Asian partners.
Does it matter?
That remains to be seen. It depends on how much a more risk-averse China is willing to invest in East Timor’s infrastructure ambitions, and what level of economic and diplomatic dependency that leads to for Dili.
Beijing is determined to build a global south alliance that will fall in behind its leadership and vision of a new multilateralism not dominated by the wealthy West, and presumably less troubled by considerations of human rights and democracy.
That includes the Pacific Islands which Australia, the US and New Zealand have for decades seen as their sphere of influence.
The US-led Indo-Pacific partnership, with Australia, Japan, the UK and others, is equally determined to counter Beijing’s growing influence – though minus the considerable carrot of China’s Belt and Road Initiative.
Like its neighbours in ASEAN – a regional bloc of which it is soon to become a member – East Timor insists it wants to be friends with everyone.
But it is running out of time to find an investor willing to help it develop its last great fossil fuel resource – the Greater Sunrise oil and gas fields in the Timor Sea – before its Petroleum Wealth Fund is exhausted and it has no way to finance its modest annual budget.
Negotiations with its private partners, Australia’s Woodside and Japan’s Osaka Gas, have gone nowhere for decades as Dili has struggled to convince them of the feasibility of its ambitions to pipe the liquid natural gas from the Timor Gap and process it onshore.
Can anyone really blame Dili for seeing China – with its BRI infrastructure money – as a possible alternative?
Albanese government critics will no doubt criticise Wong’s weekend UNGA attendance as yet another international junket.
That would be a cheap shot.
Australia must be seen to be supporting Pacific Island nations – in particular their climate concerns – in that forum, and to be putting money where its mouth is if it wants to be seen as their partner of choice.
Successive federal governments must share the blame for dropping the ball on East Timor, and the Pacific more broadly.
Dili may have forgiven Canberra for the treaty with Jakarta that divided the oil and gas spoils of the Timor Sea between the two nations; for opting out of a UN maritime boundary jurisdiction tribunal before East Timor gained independence; and for bugging its ministerial offices to gain advantage in negotiations over resources in the Timor Sea.
But it most certainly has not forgotten.
AMANDA HODGE SOUTH EAST ASIA CORRESPONDENT
I don't deny that's true but on the other hand, I find it absolutely ridiculous that Australian business, any business, is forced by our government to compete directly against imports from China.We all are responsible.
Australia is the 14th highest emitter in the world which isn't a bad effort because we wouldn't be close to that in population.
China contributes 30%. USA 14%.
We are 1.2%. UK is 1%. We can't be proud.
These free trade treaties often seem to work against us.I don't deny that's true but on the other hand, I find it absolutely ridiculous that Australian business, any business, is forced by our government to compete directly against imports from China.
What makes anyone think China's telling the truth about its CO2 emissions? It's a country that spray paints mine tailing dumps green after all (and also paints pigs black and chillies red).
I don't wish conflict with China but I do find it ridiculous that we don't have import tariffs on all goods from countries known to be using unfair business tactics that wouldn't be even remotely legal here.
That's the big problem with the CO2 issue. Successive Australian governments have been more than happy to "fix" the problem by throwing Australian industry under the bus and having production relocated to you know where. That's just not good enough to be blunt and it's the primary reason that issue still hasn't been resolved.
Any actual solution to that problem won't provide a backdoor exemption for products made overseas.
Noting for clarity that I've nothing against Chinese people and I don't intend the comment as in any way racist. Australia should however be backing Australian business first and foremost and it's just not good enough to give free kicks to others, most notably China, under the guise of environmental or other measures.
That is huge for Australia, while we are ponsing on China is going to rip off the gas and probably build a deep water harbour, what a hoot.Australia blindsided by Beijing’s deal with Dili. Was it really?
"Last year, Wong accused the former Morrison government of having “dropped the ball” in the Pacific over the Solomon Islands decision to sign a security agreement with China. But it was under her watch in July that the two nations signed their own CSP and law enforcement pact allowing a greater Chinese police presence in the country, one that could potentially see Beijing replace Australia as the Solomons’ provider of choice for police training and backup."
Labor government policy, anyone? Changing the geopolitical landscape to Labor's long-time views, with the added benefit of a friendlier relations with China and bigger trade deals.
Gas, money and spies: Time running out for Timor-Woodside deal How will this new deal between Beijing and Deli affect Woodside?
In a game of political-corporate brinkmanship, Woodside is adamant the only commercial option is to process the gas at the established energy hub of Darwin.
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