Tuesday, May 14, 2013

Big Fuel Discount! (not for you)

You might be happy with the 4-cents-off-petrol voucher you get from the supermarket. But that's nothing compared to the discount mining companies get. While you pay full price for your fuel, mining companies can claim back 32 cents per litre from the government!

ACF graphic illustrating the taxpayer-funded fuel discount given to mining companies

Mining companies use a lot of fuel. That creates a lot of greenhouse emissions - and there's little incentive for them to be more efficient, because their fuel is so heavily subsidised.

To make things worse, the taxes on us have to be higher - to make up for the fuel tax not paid for by the mining companies.

This photo was going around facebook, as part of a campaign to get this perverse subsidy removed in this year's federal budget (announced tonight).

publicity photo demonstrating the 32 cent taxpayer funded subsidy for mining companies

Related Posts: 2 Billion Dollars - Why you pay more

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