This video explains that Pauline Hanson's proposed gas policy differs significantly from Norway's model: Hanson suggested the federal government take a 30% equity stake in new oil and gas projects funded by taxpayers, while Norway implements a 56% special tax on oil and gas companies on top of the standard 22% corporate tax rate. The video criticizes media reporting that incorrectly labeled Hanson's proposal as 'Norway-style,' arguing this misrepresentation misleads the public about the actual policy differences.
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One Nation is Not Backing 'Norway-style' Gas Policy. But the Media Reported it AnywayAdded:
Hanson to demand Norway's style gas and oil overhaul. Pauline Hanson announces Norway inspired gas policy. That's not what she's proposing. She isn't proposing we do what Norway does. She proposed that the federal government take a 30% equity stake in any new oil and gas and that we, the taxpayers, fund 30% of it to get that equity. What does Norway do? They have a 56% special tax for oil and gas companies on top of the 22% corporate tax rate. Yeah.
How in any way is this [laughter] Norway style? I don't understand. All of these people out there who are pissed the government hasn't passed the gas tax, now read that headline and go, "Ah, actually Pauline's pretty good on this gas tax stuff." No, she isn't. She's She's representing Gina Rinehart and all of these West Australian resource billionaires. She is not good on the gas thing.
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