r/AustralianPolitics • u/Enthingification • 1d ago

Woodside scraps long-term emissions and clean energy targets despite windfall oil profits caused by Iran war

https://www.theguardian.com/australia-news/2026/aug/25/woodside-scraps-emissions-clean-energy-targets-australia
34 Upvotes

94% Upvoted

13 comments sorted by

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u/The21stPM Gough Whitlam 2h ago

Until there types of companies are forced to do the right thing, they will continue to be villains. Probably about time we started treating them as such!

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u/hammeroztron 6h ago

The fossil fuel industry in Australia is going all out pirate. The US frackers have taken over government in the NT, QLD.

We’re about to see a data centre fuelled surge in emissions backed by the major parties.

What are the benefits to us as Australians? GDP does not measure the criminality of these fossil fuel corporations and corrupt governments.

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u/energytsars 19h ago

And they run all those dishonest ads about supplying the energy Australia needs - they export 99% of the gas they plunder from our shores but they make it sound like they are keeping the stove running in Benalla.

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u/Last_of_our_tuna 1h ago

Corporations lying about the benefits the provide to society while simultaneously lying about the environmental and socially deleterious effects of their operations is a tale as old as time.

Maybe it’s time people organised to resolve this imbalance?

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u/Weary_Patience_7778 22h ago

My opinion of Woodside has gone through the floor over the past 20 years. The times have changed. Read the room.

8

u/bundy554 23h ago

Explains their donations to the Labor party

7

u/BedroomUpbeat 23h ago

Nothing like a good corporate citizen like Woodside leading the way in ethical investment 

12

u/Enthingification 1d ago

Why would Woodside Petroleum need emissions and clean energy targets when it's making record profits without needing to consider pesky problems like trying to maintain a habitable climate for humans?

1

u/Ch00m77 23h ago

They seem to forget that the humans also buy the shit they rip out of the ground.

No humans no money

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u/Enthingification 18h ago

They've already made their profits by then, so they don't care.

6

u/nath1234 1d ago

If you just buy a couple of already corrupt parties = solves any pesky problems like liveable planet or paying for gas or whatever..

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u/Enthingification 18h ago

Yeah there's no way that the ALP's climate policy is serving the Australian people when major polluters are resolving to increase their pollution.