Resources Minister Senator Matt Canavan addressed the National Press Club today.
When asked by David Denham from Preview Magazine if declining trends in exploration and production in the petroleum industry should make us more inclined to encourage things like electric cars and renewable energy more broadly to fill the gap, Senator Canavan gave this amazing response:
“We have attracted more than 200 billion dollars worth of investment in the last decade in oil and gas generally so we obviously are doing something right in this country. I think we do have very competitive tax systems and tax settings and that’s been proven.”
For those who want to hear it from the horse’s mouth (or is that arse), start at 56:20.
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