Expect new gas hub, new pipeline, gas plants, gas research & 'voluntary industry-led code of conduct'
Ensuring efforts to recover from Covid crisis exacerbates the climate crisis
Thread #auspol https://www.smh.com.au/politics/federal/morrison-to-back-construction-of-new-gas-fired-power-station-20200914-p55vks.html
The government will open up new gas supplies and back the construction of a gas-fired power station in a mammoth new plan that aims to prevent an energy price spike.https://www.smh.com.au/politics/federal/morrison-to-back-construction-of-new-gas-fired-power-station-20200914-p55vks.html
Andrew 'tingles with pride' over Trump Liveris #auspol
Just two biggest Basins, along with existing pipeline of 22 major gas projects would almost equal Australia's total gas production
See @TheAusInstitute report
The exporters have helped triple gas supply in the last decade and yet Australians pay more for their gas.
And a 'voluntary industry-led code of conduct' lulz
The steep rise in Australia's gas prices became inevitable once approval was granted for 10 giant LNG plants that lock the nation in to a competitive global market, writes Michael Janda.https://www.abc.net.au/news/2017-03-09/gas-prices-will-rise-and-there-is-not-much-we-can-do-to-stop-it/8340536
An alliance of fracking companies Santos, Origin Energy, Shell, China National Offshore Oil Corporation and Tokyo Gas
The most recent report from GISERA https://www.abc.net.au/news/2020-07-15/csiro-fracking-research-does-not-pass-pub-test-expert-says/12454942
The CSIRO is accused of having a conflict of interest after releasing a report on coal seam gas that says fracking has little-to-no impact on the environment, while critics also question the sample...https://www.abc.net.au/news/2020-07-15/csiro-fracking-research-does-not-pass-pub-test-expert-says/12454942
But according to head of gas pipeline company APA:
“It is a throwaway thing to say we need more pipelines....The lack of pipelines is not the constraint.” https://www.afr.com/companies/energy/apa-boss-takes-apart-liveris-pipe-dreams-20190527-p51rmx
Not if you actually want to effectively create jobs.
It employs 0.2% of workforce.
Its the worst sector to invest in for job-creation cause its so capital intensive
See @TheAusInstitute @Tom_Swann @MarkOgge report https://www.tai.org.au/sites/default/files/P908%20Gas-fired%20backfire%20%5Bweb%5D.pdf
After delaying the transition it is now chastising everyone for waiting!!! https://reneweconomy.com.au/angus-taylors-liddell-taskforce-slammed-as-guise-for-propping-up-coal-69572/
Federal and NSW Governments establish taskforce to examine options for Liddell closure that’s set to reignite pro-coal push.https://reneweconomy.com.au/angus-taylors-liddell-taskforce-slammed-as-guise-for-propping-up-coal-69572/
Doubtful as always, gov requested @AEMO_Media investigate.
Result - "AGL’s plan would deliver sufficient dispatchable resources to fill the identified 850 MW resource gap"
Well coal for the Kurri Kurri site not popular with Taylor (see https://www.abc.net.au/radio/ballarat/programs/breakfast/angus-taylor/10878410)
He needs to justify more domestic demand for fossil gas, so in comes gov's Snowy Hydro to build CC gas plant
Thoughts @simonahac @KetanJ0 @dylanjmcconnell ?
"There is no strong case for more gas generation in the NEM given the current 4.4 GW of combined cycle and 7.0 GW of open cycle (peaking) gas generators are used well below their capacity factors" - @HughSaddler
Report challenges justification for government underwriting of up to five new gas-fired generatorshttps://www.theguardian.com/environment/2020/mar/08/expensive-and-underperforming-energy-audit-finds-gas-power-running-well-below-capacity
Gas outlook does not pay a transitional role under a net-zero by 2050 approach to climate change and only goes up if you ignore taking climate action.