A year and a half after the govt put gas executives in charge of the COVID Commission, and weeks after COP26, we have today a new national plan to subsidise gas pipelines across Australia. Here's the report, lowlights threaded energy.gov.au/publications/2…
1:07 AM · Nov 26, 2021
From the exec summary "Gas supplies are likely to fall short of domestic ///and export/// demand by the end of the decade if further action to unlock supply and deliver key infrastructure is not taken by industry" Ie - subsidies to prop up bad investments in export terminals
Again, quiet bit out loud: "new gas basins will need to be unlocked by the market [ie subsidised] before 2030 to service existing long-term export contracts and ongoing requirements of domestic customers. ... at least one new basin [needed] for domestic and export requirements."