Victoria’s Liberal and National parties have changed tack – and backed natural gas development.
Some of Australia’s most experienced independent energy economics analysts came to a similar conclusion this week: the East Coast needs more gas; and current policy settings federally and in NSW/Victoria are not going to solve the problem of gas supply and rising electricity prices.
Western Australia’s gold mining industry is currently up in arms at what it describes as a “jobs and project destroying’ planned 50% hike in the production royalty it pays to the State.
East Coast manufacturers and small business employers can breathe a little more easily today, thanks to natural gas producers in the north.
ERIC Director Steve Wright’s Letter to the Editor on why the Narrabri Gas Project is now more important than ever.
ERIC Director Steve Wright comments on the responses of the NSW and Victorian Governments to calls for the removal of State bans on gas exploration and development.
Amidst the headlines this week about forecast shortfalls in domestic gas supplies, there are some pointers from regulators and policymakers to the impacts that state-based moratoria on onshore gas exploration and development are having on supply availability.
Federal Opposition leader Bill Shorten has increased pressure on Victorian Labor with a strong endorsement for natural gas as a key element in solving eastern Australia’s power problems.