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Margaret Morgan ✒📚 🎬 Profile picture
@Monocotyledon
Jun 15, 2020 • 5 tweets • 3 min read • Read on X
Back in 2018 #RioTinto made a big announcement about getting out of coal, with its chairman stating in relation to climate change that the company was “determined to be part of the solution, not part of the problem”?

But all is not what it seems.

Thread. 1/5
When it sold its coal assets, Rio Tinto imposed a royalty on them. Clever move. It means that it still earns money from them, doesn’t take any of the operational risk, and can tell all of those activist shareholders that they are out. 2/5
Annual Report 2019 p.203:

“We also have royalty receivables, with a carrying value of US$124 million (2018: US$158 million), arising from the sale of our coal assets in prior periods. These are classified as 'Other investments, including loans' within the balance sheet.” 3/5
Rio Tinto’s sneaky behaviour of “apologising” for any “distress caused” from blowing up ancient Indigenous artefacts when it knew full well how significant and important they are, has a lot of precedent. They are trying to con us about their climate change commitment too. 4/5
Links:

australianmining.com.au/news/rio-tinto…

riotinto.com/invest/reports…

afr.com/rear-window/se…

@_LisaMCox
@simonahac
@MichaelWestBiz
@mrjoeaston
@myriamrobin

5/5

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More from @Monocotyledon

Margaret Morgan ✒📚 🎬 Profile picture
Sep 15, 2022
Republicanism cannot be dissociated from decolonisation. And decolonisation depends on education.

That "our ABC" is sending at least 27 staff to the UK to uncritically cover the Royal mourn-fest and King Charles' coronation is the absolute antithesis of this.

Do watch this.
I remember my Australian primary school education in the 60s. The Queen's portrait adorned the classroom walls, next to the world map showing all the pink bits Britain owned. We had to swear allegiance to the Queen every morning at assembly. 2/8
*Everything* we were taught about history was through a British lens. We were told nothing negative about Britain's global adventures, only about the glory of empire and the benefits that were bestowed by colonialism. 3/8
Read 9 tweets
Margaret Morgan ✒📚 🎬 Profile picture
Aug 23, 2022
I'm reminded of the piece @timdunlop wrote before the election, about the intentional, ideologically-driven undermining by Morrison & his ilk of democratic trust through apparent incompetence & neglect.

Now we see that Morrison's destruction of process ran even deeper.

1/8
"We as a society, are being railroaded into a diminished understanding and practice of government by a political class who are ideologically opposed to the very idea of government as a bulwark against the risks inherent in a complex society."

2/8
tdunlop.substack.com/p/the-end-of-g…
@David_Ritter also wrote an excellent detailed thread back in March about "wrecking crew" politics in Australia.

3/8
Read 11 tweets
Margaret Morgan ✒📚 🎬 Profile picture
Aug 22, 2022
Bravo, Crikey!

Its open letter to Lachlan Murdoch, calling his bluff on his threat to sue Crikey over comments about enabling Trump.

"We await your writ so that we can test this important issue of freedom of public interest journalism in a courtroom."

crikey.com.au/2022/08/22/lac…
crikey.com.au/2022/08/22/lac…
Bernard Keane:

"It's a simple fact that the Murdoch family, via Fox News, helped create the conditions for the January 6 insurrection in the United States. And it's important to say it."

crikey.com.au/2022/08/22/lac…
Read 5 tweets
Margaret Morgan ✒📚 🎬 Profile picture
Jul 11, 2022
I am seeing a lot of my Australian pals here laid low by coughs and colds and flu and COVID. So I am going to share something my old GP taught me. She is Sri Lankan, and this is a Sri Lankan remedy she swears by - and so do I, having used it many times.

1/6
It is a concoction which you first use as a steam inhalant, and then afterwards as a tea. I promise it will help you breathe so much better!

2/6
Ingredients:

1 cup of coriander seeds (which you can buy in bulk in Indian groceries and some supermarkets)
2 slices of ginger
a couple of litres of boiling water

3/6
Read 6 tweets
Margaret Morgan ✒📚 🎬 Profile picture
May 14, 2022
#AusVotes22 🧵
Been thinking about the new right-wing talking point (straight out of the PMO?) that Labor voters should vote against their instincts & for the Liberal candidate in Liberal seats threatened by climate independents endorsed by @climate200 .

I call horseshit.

1/10
The argument goes that if the alleged "moderates" lose their seats, and especially if Frydenberg does, their absence in the parliamentary Liberal Party will skew to the right. Possibly to the extent that Peter Dutton (ugh) will become Leader of the Opposition.

2/10
And that's true. Dutton could well become leader if the L-NP loses and Morrison resigns & if Frydenberg's out.

But somehow, that's supposed to be Labor's problem and progressive voters are now meant to panic and do what the Libs can't & won't do.

Save the "moderates".

3/10
Read 10 tweets
Margaret Morgan ✒📚 🎬 Profile picture
May 14, 2022
All of this episode of the Below the Line podcast is worth listening to (they all are), but this is particularly crucial - political scientist @SimonJackman talking about the long road to conservatism that the Liberal Party has been taking.

From 13:31

theconversation.com/below-the-line…
The Liberal Party has ignored the warning signs for years as it has shed its moderates. If the Teals demolish them in seats like Goldstein, Kooyong or Wentworth, it's part of a long process.

In the context of compulsory voting, the extremism that leads to will be fatal.
How electable will a Coalition with Dutton as the leader of the Libs and Canavan as leader of the Nats be?

It won't.
Read 4 tweets

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