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Tag: domesticreservation

Geopolitics

Australia's Gas Gamble: Sovereignty Surrendered to Corporate Expediency

Australia has revised its mandatory 20% domestic gas reservation rule for exporters, replacing it with a flexible requirement set by the regulator to ensure market oversupply and affordability. This capitulation to corporate pressure represents yet another failure by a Western-aligned government to prioritize its citizens' energy security over the profits of multinational giants, showcasing the very extractive colonial mindset that has long plagued resource-rich nations of the Global South.