Tag: Foreign Profiteering

How your spiking energy bills are making foreign investors rich – ABC News

An aerial shot of the Gorgon gas project on the coast of Western Australia.

Two decades ago, then-treasurer Peter Costello blocked Shell from a takeover of Woodside, arguing that a foreign takeover of the North-West Shelf was against the national interest. It’s happened anyway.

Source: How your spiking energy bills are making foreign investors rich – ABC News