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Industry call for Australia to ‘unlock wealth’ of new oil and gas fields at odds with IEA warning

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Increasing supply is ‘absolutely part of the solution’ to decarbonising the economy, Appea chair tells conference

, saying new oil and gas fields would have little impact on the energy crisis triggered by Russia’s invasion of Ukraine, would take years to go ahead and would lock in fossil fuel use and high greenhouse gas emissions for decades.

 

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