Great Gas Give-away

Tax hikes and cuts while government gives away €540 billion for free! By Paul Murphy WHILE THE government puts the boot into ordinary people in another vicious budget, the giveaway of billions of euro of gas continues. Figures from the Department of Communications, Energy and Natural resources suggest that around €540 billion of our natural resources will be given away to multinational companies over the coming years. This is because deals worked out in the 1980s and ‘90s between multinational oil companies and ministers in Haughey’s government are now being implemented by Fianna Fail and the Greens.
Tax hikes and cuts while government gives away €540 billion for free!

By Paul Murphy

WHILE THE government puts the boot into ordinary people in another vicious budget, the giveaway of billions of euro of gas continues.

Figures from the Department of Communications, Energy and Natural resources suggest that around €540 billion of our natural resources will be given away to multinational companies over the coming years. This is because deals worked out in the 1980s and ‘90s between multinational oil companies and ministers in Haughey’s government are now being implemented by Fianna Fail and the Greens.

The Corrib field alone is estimated to be worth more than €50 billion, while other gas and oil fields under Irish waters have been valued at around ten times that. It is looking increasingly likely that there are plans to use Shell’s refinery at Bellanaboy (near Rossport) to refine gas from the other fields as well.

Disgracefully, Shell to Sea activist Maura Harrington, spent 28 days in jail at the order of Judge Mary Devins, the wife of Jimmy Devins, a Fianna Fail Minister! In addition, in advance of the pipe-laying work, which is likely to restart in the coming months, 30 court summons have been issued to local people in an attempt to intimidate them and stop them from protesting.

The gas giveaway highlights the hypocrisy of the government – they claim we all have to sacrifice and pay our share – but they have given away billions in natural resources for nothing. Nationalising the gas and refining it in a safe manner would enable us to develop, not cutback, our essential public services, provide cheap fuel and invest in alternatives to fossil fuels.

Total
0
Shares
Previous Article

Home help cuts hurt the vulnerable

Next Article

Joe Higgins for Europe

Related Posts

Budget Dole Cut: Government Cancel’s Christmas

By Helen Redwood

“THERE’S NO way of preparing for Christmas, that bonus is actually Christmas”. This reaction from one single parent spells out what the Scrooge-like scrapping of the Christmas bonus will mean for the 1.3 million people previously eligible.

Minister Lenihan’s “justification” that prices are falling won’t compensate for a time of year when everything goes up – prices, fuel bills, pressure to buy presents, costs of travelling to relatives.

Read More

Mortgage Crisis: Government blaming the victim

With hundreds of thousands of people in negative equity and struggling to pay their mortgages, the issue of revaluing peoples mortgages, or 'debt forgiveness' as the government have tried to brand it, has come up. Here Joe Higgins TD looks at the issues involved from a socialist perspective.