As stated by Australian Greens spokesperson for resources, Senator Steph Hodgins-May:
"The last time the world saw a major conflict in 2022, the global price of gas surged to record highs.
"Because our gas system is still rigged in favour of massive exporters, increases in the global market price are also dumped straight onto households back home.
"Australia doesn't have a gas shortage. We have an export problem.
"We export such enormous volumes of gas that if the government had implemented a 25 per cent export tax when it was first proposed at the end of last year, Australians would already have collected billions in extra revenue.
"With prices likely to surge again due to the illegal war in the Middle East, and with a cost-of-living crisis at home, Labor must act now to cushion the blow.
"A tax on exports would help decouple Australia's domestic market from volatile global prices.
"A 25 per cent tax is a step towards fair compensation. Gas companies have pillaged Australia's resources for decades and now stand to make billions more in blood money from war-driven price spikes.
"These corporations salivate at the prospect of global conflict because it lets them gouge prices overseas and here at home.
"It's Australian households and businesses who will pay the price for decisions made in boardrooms and war rooms from Washington to Canberra.
