@adenisryan
Energy transition expert with over 10 years leading energy and climate research teams. Expertise in the financial side of the energy transition, whole of economy decarbonisation strategies, climate risks and opportunities. https://ieefa.org/
While #Australia is facing both #gas shortages and increasing industrial closures due to skyrocketing gas prices, Japanese companies are onselling vast amounts of our gas for a profit.
It is time for government to seriously look at diverting some of our #LNG exports towards the domestic market.
Western Australia’s #gas consumption – already the highest in #Australia – is forecast to continue growing over the next decade. However, it could be reined in through a few targeted interventions. See new report here: ieefa.org/resources/re...
#WA #energytransition #energy
What #gas shortage? #Australia has more than enough gas to cover its needs. #LNG producers sell enormous amounts of gas in discretionary 'spot sales' - beyond their contracts - which could be diverted to the domestic market with the right policy.
ieefa.org/resources/au...
#energy
#Australia has already approved way more #coal mines than it needs to meet expected demand, so why approve more?
The capacity of approved coal mines already exceeded production by about 70% in 2023 and would be about 2.5x higher than IEA forecast levels under their 1.7C scenario
#energy #climate