Business
Benefits of Coalition’s ‘gas-led recovery’ overstated and declining usage inevitable, report finds – The Guardian
‘Good old days’ of low gas prices long gone making role as ‘transition fuel’ unfeasible, Grattan Institute reports
The gas industry will inevitably decline as an energy source for industry and homes due to both economic and environmental issues, and will not deliver the Morrison governments promised gas-led recovery, a new report finds.
The analysis by the Grattan Institute said most of the cheap gas on the east coast had already been burned and what remained would become increasingly expensive, undermining the case for its increased use as a transition fuel on the path to a low-emissions future.
It is one of…
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