- Foreign Ownership
Sustainably manage Australia's finite and non-renewable resources, so as to enhance economic security, encourage the highest priority uses and leave a fair share for future generations of Australians.
Policy Methods (Federal & State)
To help achieve this Sustainable Australia Party will:
- Conducting regular and full public audits of its finite and non-renewable resources.
- Implementing strategic resource depletion protocols and usage rights for appropriate finite and non-renewable resources, including minerals.(6)
"Everything from electric cars to wind turbines and solar panels... require an array of metals, like silver, palladium, platinum, copper, aluminium and rare-earths, such as neodymium. So where will we get them from? Will we have enough?" Australian Broadcasting Corporation
- Implementing domestic energy reservation policies for relevant resources, including natural gas.(7)
"Australia has been 'uniquely stupid' in allowing companies to dig up resources that belong to the Australian people and sell it overseas, without even ensuring there would be enough gas to cover our own use." News.com.au
- Adopting a Resource Super Profit Tax for iron ore and coal, the details of which would be determined following the implementation of a full resource audit and depletion protocol policy (also see Taxation Policy).
- Selectively utilising government revenue generated from the depletion of resources to advance appropriate sustainability goals.
- Reducing population pressures.
- Depletion protocols publicly report the size and quality of remaining reserves, and limit the rate of their utilisation to an appropriate annual quota to ensure that substitution or efficiency gains can keep pace with depletion rates.
- Domestic energy reservation policies help secure long term energy supplies and maintain downward pressure on domestic energy prices.
Subscribe to our eNewsletter here.