Michael Hopkin, The Conversation and Emil Jeyaratnam, The Conversation
A survey of leading economists gave a mixed, and overall negative, view on Malcolm Turnbull’s plan to force gas producers to divert exports back into the Australian domestic market.
The current domestic gas crisis will pass. But if the industry wants to surpass coal and fulfil its role as a ‘transition fuel’, it should lobby for a carbon price to help it on its way.
The country is now compelled to send its army into an area where a major resource extraction project has failed to deliver on its promises to landowners.
South Australia’s government was angry about the blackouts enforced by electricity regulators. But with much of the state’s gas power offline, the regulators had little choice.
The way Australia taxes companies for gas projects now lags behind our closest neighbour, Papua New Guinea, which has reformed its tax system to ensure it gets money sooner.
The first years of the millennium were kind to government finances. A benign economic environment, and a once-in-a-century commodity boom fuelled by Chinese growth, helped the Federal budget to a cumulative…
Woodside’s decision to shelve its $40 billion Browse project off Western Australia’s north is not a disaster, but it does highlight some areas where the gas industry needs to get much smarter.
As the world’s land-based economies struggle with around 2% GDP growth, the global marine economy – often talked about as “the blue economy” – is a bright light on the horizon.
Eastern Australia’s gas market is rapidly changing, driven by the first exports of liquefied natural gas (LNG) from Queensland. And this is affecting the whole supply chain, from gas producers, to the way we use gas in our homes.
Fellow - Melbourne Law School; Senior Researcher - Climate Council; Associate - Australian-German Climate and Energy College, The University of Melbourne