Opened the debate
Hodgins-May argued that the government's gas reservation scheme lacked ambition and failed to address cost-of-living pressures faced by households. Hodgins-May contended that multinational corporations were profiting excessively from finite resources while Australians struggled with energy bills. The senator proposed a minimum 25 per cent gas export tax, estimating it could raise more than $17 billion annually. Hodgins-May asserted this revenue could fund essential services and support the transition to renewable energy. Hodgins-May claimed the reservation scheme had been weakened by industry lobbying and did not serve the national interest.