The 2019 Gas Statement of Opportunities (GSOO) and Victorian Gas Planning Reports (VGPR) prepared by AEMO flagged a gas supply shortfall from 2024 onwards due to:
•Falling production levels from existing southern gas fields
•Uncertainties around southern prospective resources (un-explored but estimated to exist) accessible by existing pipeline and processing infrastructure
•Moderately increasing gas demand, driven mainly by population growth driving new gas connections.
March 29, 2023
A new report by renowned environmental scientist Emeritus Professor Ian Lowe finds that methane emissions from coal, oil and gas facilities make up ~70% of total greenhouse gas emissions covered under the federal Safeguard Mechanism (SGM), when the global warming impact is calculated over...
Read moreOctober 03, 2022
A new economic analysis reveals how giving companies the right to frack for unconventional gas in Queensland’s fragile Lake Eyre Basin would be the “absolute height of folly” due to the climate impacts and predicted high costs.
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