Business
Government advised to underwrite new investment in gas pipelines – Sydney Morning Herald
New gas pipelines would gain taxpayer support to increase energy supplies to industry and households under plans put to Prime Minister Scott Morrison from his top business advisers.
Mr Power said one of the proposals from the advisory board’s manufacturing taskforce was for a “guaranteed off-take through infrastructure” to boost supply.
“In other words that there will be sufficient demand in that pipeline going forward,” he told the Senate committee.
“Many of our gas pipelines are too small for the job that they’re currently doing and that’s pushing the tariffs exceedingly high and causing an increase in the cost of energy to Australian households and businesses.
“So wha…
-
Noosa News22 hours agoNo matter what happens in his Origin debut, history beckons for rookie maroon Robert Toia
-
Noosa News23 hours agoDefence investigation finds Taipan pilot’s actions possibly prevented further fatalities in crash
-
General21 hours agoDairy farmers devastated by floods across parts of New South Wales
-
General24 hours ago‘Aussie Cossack’ Simeon Boikov’s legal fees paid by fund linked to Russian intelligence