Natural gas will be a growing part of the world’s energy mix for decades to come, according to the latest analysis by the International Energy Agency.
On the topic of natural gas supply, Queensland continues to deliver for Australia’s populous south-eastern states. NSW and Victoria are the biggest consumers of gas by far – hundreds of thousands of manufacturing jobs depend on natural gas, as do tens of thousands of small businesses and millions of consumers.
Wholesale electricity prices have been falling in South Australia – a state previously burdened with the highest prices in the world.
While most West Australians have come to terms that their Government is running a second inquiry into hydraulic fracturing – all at the taxpayers’ expense mind you – we were surprised to see that many of the issues and concerns raised in the Government’s Issues Paper have already been detailed in several previous scientific reports and inquiries.
Anyone suggesting the path to the renewable energy future is being somehow blocked by industry or political “dinosaurs” needs to take a good look at the facts, both on cost and the rapid rise of renewable energy.
Another independent economic analysis has confirmed the strong contribution onshore shale gas development could contribute to the Northern Territory.
Anti-gas activists are fond of claiming that gas fields leak like a sieve and that the ‘fugitive’ methane negates the carbon emission benefits of using natural gas for power generation.
The latest report from the energy distribution sector highlights an expanding industry with great prospects for delivering carbon emissions reduction.
When Queensland Senator (and former Resources Minister) Matt Canavan said renewable energy was not cheaper than coal-fired power he was attacked by anti-coal activists in social media.