Global energy major Shell is warning Peter Dutton that his plan to curb Australia’s gas exports will stunt investment and fail to boost supplies of the fuel.
The opposition leader claims his plan will deliver enough gas locally to swiftly cut the wholesale price of $14 a gigajoule to $10.
Europe and Britain will have to foot the bill for rebuilding what remains of the besieged nation,while the US scoops up its chief means of economic recovery.
Both Greenpeace and the Conservation Council WA want Plibersek to rule on Woodside’s $30 billion Browse gas field development alongside the NWS extension proposal.
The humiliation of Australia,the energy superpower,is now a very real prospect as we face the need to buy gas from our biggest customer.
The new deadline of May 31 was uploaded to the Department of Climate Change,Energy,the Environment and Water website on federal budget day.
The Coalition had avoided making the vow after Labor was burned by its 2022 promise to drop power prices by $275.
Australia may be one of the biggest sellers of gas overseas but supplies of the fuel are running dangerously low in NSW,Victoria,South Australia and Tasmania.
Energy Minister Chris Bowen is lashing out at the former Coalition government’s “bin fire” gas policy as he clashes with Peter Dutton on energy.
An election fight over the future of Australia’s gas industry is heating up as Labor hits out at the Coalition’s ‘cowboy’ promises to overhaul approvals.