, based on recent evidence. It can place its message unchallenged in Perth’s local daily without the inconvenience of having to pay for it.
The work has been delayed at a cost to the company claimed to be in the tens of millions of dollars. In her piece, O’Neill argued Woodside had consulted extensively, including with 11 First Nations groups, and called on the federal government to work with industry to “fix the logjam of offshore approvals” and “ensure the new gas we all need can be brought to market”.
Australia’s resources minister sees a gas-fired future just as the International Energy Agency charts the fossil fuel’s decline | Temperature CheckO’Neill didn’t claim that all gas from Scarborough would be used locally – she said the gasfield would supply energy to both “WA and customers in Asia for decades to come” – but the piece implied that Western Australians would be chief beneficiaries.
Alex Hillman, a former staff advisor at Woodside and now a lead analyst with the Australasian Centre for Corporate Responsibility, says an even smaller proportion of gas from other Woodside developments stays in WA for use locally. “Pluto has provided about 1% of its production to the domestic gas market, with 99% being sent overseas as LNG,” he says.O’Neill argued that WA would need the gas from Scarborough and other new projects to meet a projected shortfall in local supply.
That did not mean an end to investment in oil and gas, but the IEA said it undermined the rationale for increased spending. The agency argued global investment would need to be cut roughly in half by 2030 to put the world on track to reach net zero emissions by mid-century – a stated goal of Woodside and its WA backers.
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Source: 7NewsAustralia - 🏆 11. / 71 Read more »