Australia's booming LNG industry stalls after fall in oil prices amid coronavirus

The extraordinary growth in Australia’s liquefied natural gas industry, the main cause of recent rises in national greenhouse gas emissions, has stalled indefinitely, with decisions on more than $80bn of investments delayed due to a collapsed oil price sunk by coronavirus and a geopolitical price war.

Maybe it’s time to end oil and coal exports Australia.

Just when we could really have used that $0 in tax revenue. auspol

majorgauravarya This weaping Kashmiri women has a child in her lap who is killed by cowered Pakistani army , This is The True Indian Promise Revenge will be taken and The justice will be done

How's their coal exporting? Australia energy coal gas

Fossil fuels must stay in the ground where they belong.1t of LNG produces in excess of 2.75t of CO2. This is good time to stop mindless business exploitation for which quick profit is everything and the environment means nothing.

To fucking bad

let's put a brake on the greedsters profiting off polluting our earth, at the expense of nature and animals.

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Source: The Guardian - 🏆 84. / 53 Read more »