‘Let the market work’ to unlock more gas, industry urges

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Australia’s gas sector has called on Victoria and NSW to lift their effective moratoriums on new projects, and has urged the federal government to commit to a carbon capture and storage strategy.

to cap the price of gas for a year at $12 a gigajoule, saying it has scared off investors in new projects.The government also gave itself powers to permanently regulate gas prices under a mandatory code of conduct, which will soon enter its consultation phase.

In its budget submission, APPEA urges the government to “let the market work to unlock new gas supply and drive down energy prices across Australia”. The NSW government, which goes to the polls on March 25, has been dragging is heels for years in approving the Narrabri gas field due to political sensitivities.

 

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Let's leave the gas in the ground. MORATORIUM stays. Create clean energy. No home should have gas inside - once we thought kerosine was an okay indoor fuel, created health issues just like gas does.

Yes, I’m sure they won’t just export all of that too and keep charging us top dollar for our own gas.

Is this an advertorial? Where is the fact checking. 🤦‍♂️

The gas sector don’t pay ANY tax (or close to none). They export 80-90% of the gas they dig up and they were making us pay War Profiteering 🤑 prices for our own gas they dug up here (until the Fed Gov stepped in). Why should the Vic or NSW do anything for them? gas

Let the free market work and give consumers the choice of where their energy is sourced. The only reason renewable energy is demonised is because in a free market, consumers would choose this over carbon based energy. Its why Tesla is the most profitable car maker in the US.

Totaly stupid not to take advantage of the gas reserves we could potentially have. Cheap abundant power, and bring back LPG conversions and reduce the associated tax on this to make it attractive option again.

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