Antinuclear

Australian news, and some related international items

Govt funding for environment languishes, as mining companies receive double the benefit in tax credits

Miners receive twice as much in tax credits as Australia spends on environment
Analysis shows federal and state environment spending cut while industry awarded $2.5bn in fuel tax credits, Guardian,  Adam Morton, 2 Feb 18, 

Mining companies will receive more than twice as much in fuel tax credits as the Turnbull government will spend on environment and biodiversity programs this financial year, an analysis has found.

Coalmining companies alone are expected to get more back than the diminishing funding allocated to the federal environment department.

The analysis by the Australian Conservation Foundation (ACF) found that, across commonwealth, state and territory governments, investment in environment and biodiversity programs was cut by 9% – from $6.95bn to $6.32bn – in the three years to 2016-17. Total budget spending rose by 10% in the same period, from $634.9bn to $701.5bn.

It adds to a weight of evidence that environment campaigners and political veterans say shows government support for environment protection is at its lowest ebb since before the landmark decisions to protect Kakadu, the Daintree rainforest and the Franklin river in the 1980s.

…….. The commonwealth’s state of the environment report last year found parts of Australia’s natural estate were in poor or deteriorating condition and there was insufficient public support for environmental management and restoration programs.https://www.theguardian.com/environment/2018/feb/02/miners-receive-twice-as-much-in-tax-credits-as-australia-spends-on-environment

Advertisements

February 3, 2018 - Posted by | AUSTRALIA - NATIONAL, environment, politics

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

%d bloggers like this: