Australia Criticized For Ramping Up Gas Extraction Through ‘2050 and Beyond’
Australia has announced it will ramp up its extraction and use of gas until “2050 and beyond”, despite global calls to phase out fossil fuels. Prime Minister Anthony Albanese’s government says the move is needed to shore up domestic energy supply while supporting a transition to net zero… Australia — one of the world’s largest exporters of liquefied natural gas — has also said the policy is based on “its commitment to being a reliable trading partner”. Released on Thursday, the strategy outlines the government’s plans to work with industry and state leaders to increase both the production and exploration of the fossil fuel. The government will also continue to support the expansion of the country’s existing gas projects, the largest of which are run by Chevron and Woodside Energy Group in Western Australia…
The policy has sparked fierce backlash from environmental groups and critics — who say it puts the interest of powerful fossil fuel companies before people. “Fossil gas is not a transition fuel. It’s one of the main contributors to global warming and has been the largest source of increases of CO2 [emissions] over the last decade,” Prof Bill Hare, chief executive of Climate Analytics and author of numerous UN climate change reports told the BBC… Successive Australian governments have touted gas as a key “bridging fuel”, arguing that turning it off too soon could have “significant adverse impacts” on Australia’s economy and energy needs. But Prof Hare and other scientists have warned that building a net zero policy around gas will “contribute to locking in 2.7-3C global warming, which will have catastrophic consequences”.
Read more of this story at Slashdot.