A bunch of Australian mayors and councillors are calling on the federal government to collect an extra $10 billion each year from energy companies to push back against a supposed climate change ‘emergency’.

The 37 so-called leaders who signed the letter include independent mayors and councillors, and a large number of Greens local government apparatchiks.

They want to see reforms to the Petroleum Resources Rent Tax (PRRT) to raise an extra $10 billion each year to help local governments fund climate mitigation schemes.

This comes amid a Senate Inquiry into the Treasury Laws Amendment (Tax Accountability and Fairness) Bill 2023.

The PRRT is a levy on energy companies extracting oil and gas resources in Australia.

It is paid on profits from the sale of marketable petroleum commodities, which include crude oil, gas, condensate, liquefied petroleum gas, ethane and shale oil.

The letter from the greenies said: “Local governments bear enormous costs from the impact of fossil fuels on our climate, including sea level rise and the aftermath of increasingly frequent and extreme fires, floods, storms and heatwaves.

“However, local governments are the least resourced level of government to cope with the increasing costs of addressing climate impacts, such as maintaining infrastructure and services after climate disasters.”

Signatories of the letter published in multiple newspapers include City of Sydney Lord Mayor Clover Moore, Greens Randwick City Council Mayor Philipa Veitch, Yarra City Council Greens Mayor Edward Crossland, and Merri-bek City Council Greens Mayor Adam Pulford.

Lord Mayor for-a-small-part-of Sydney, Clover Moore (pictured below), in her usual hysterical manner, claimed “we are in a climate emergency” driven by “the burning of fossil fuels.”

We are not, of course, experiencing anything even remotely resembling a climate ‘emergency’ and climate change isn’t caused by the burning of fossil fuels.

But facts have never got in the way of her moronic bleatings about issues she clearly knows absolutely nothing about.

She further claimed residents in the City of Sydney were “susceptible to climate change” through “extreme weather events like heatwaves, severe storms and flooding, and the impacts of bushfires, including poor air quality and disruption to transport.”

Again, none of this is true. There have always been these weather events and none of them has anything to do with the tiny increase in temperature over the past few decades.

Also, people living in cities are far less affected by most of her nominated events than those living in regional areas. Her claim to ‘victimhood’ as a result of climate change is therefore ridiculous.

She doesn’t even seem to realise that Australia only produces just over 1% of global CO2 emissions, so nothing we do as a nation is going to make the slightest difference to global warming.

And that’s assuming CO2 is the problem it’s fantasied to be – which it isn’t.

The Albanese government sensibly released a new Future Gas strategy on 9 May committing to using gas as a power source beyond 2050.

The government’s strategy does not mention the PRRT.

The proposed Treasury Laws Amendment (Tax Accountability and Fairness) Bill would limit the amount of PRRT that could be deducted on company tax bills.

Woodside, a major ASX-listed oil and gas producer, warned against further changes to the tax, in a submission to the inquiry in February.

They said that it is the largest payer of PRRT and has paid more than $18 billion since 2011.

The company warned against any further amendments to the PRRT.

“We are aligned to the findings of the Callaghan Review, the PRRT achieves a fair return to the community for the extraction of petroleum resources without discouraging investment,” Woodside said in its submission.

Woodside noted that governments receive a return, even when project investors do not.

“The growth in our tax payments has shown when Woodside performs well, the state and federal governments enjoy significant benefits too,” the company said.

The ASX-listed company noted under the PRRT amendments, Woodside expects to pay more tax over the forward estimates.

It says any further changes would risk “unintended consequences,” these include impacting large-scale investments, and could lead to “asset write-downs or fiscal uncertainty in other sectors, including renewable energy.”

Needless to say, all additional costs on industry imposed by governments eventually flow through to consumers.

That’s why all socialist governments – like the one we’re stuck with for at least a few more months – all end up with high inflation and increased cost of living.

Thanks to Monica O’Shea writing for The Epoch Times for some of the content of this article and Johannes Leak and CartoonStock for their cartoons