The Australian Energy Council, which represents 20 major electricity and gas providers, has taken aim at Victoria’s ambitious offshore wind targets, claiming the move will drive up electricity prices and hurt public support for decarbonising the economy.
PM’s New Gas Deal Upsets Head of Australian Workers Union
As part of the federal governments CCP virus recovery plans, Prime Minister Scott Morrison has signed another two year deal with liquid natural gas (LNG) suppliers from the east coast of Australia to ensure that uncontracted gas is going first into the domestic market.
The agreement, announced by Morrison on Jan. 21, is part of the government’s CCP (Chinese Communist Party) virus economic recovery JobMaker package aimed at getting “the right balance between affordable gas for manufacturers and a price that encourages new gas resource development.”
Affordable LNG for Australians is to play a key role in the federal government’s “Modern Manufacturing Strategy” as it moves to incentivise the scaling-up of manufacturing in Australia for strengthening Australia’s “sovereign resilience” amid disruptions to global trade.