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Australian taxpayers on the hook to pay Chevron more than $500 million to clean up oil wells
(www.theguardian.com)
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Can't we just do what the african nations do to china and just go "lol no"
Something something, rules based order, something something ruining our reputation.
But honestly, we need to get legislation in place to stop governments making such plainly terrible deals in the first place.
If it's not profitable, but has to get built, that's just screaming government should built and control it.
Why we keep subsidising hugely profitable companies is beyond me.
And where old contract terms are unfair, we ought to grow some balls and say: we're reneging on this as a sovereign entity, because the terms were unfair, and oil and gas companies have lobbied like crazy to make them happen.
We should make these past injustices against Australia, right.
Try let the Americans coup us, at least it'll be overt