Business
Morrison to back construction of new gas-fired power station – Sydney Morning Herald
The government will open up new gas supplies and back the construction of a gas-fired power station in a mammoth new plan that aims to prevent an energy price spike.
Environmental groups have intensified their opposition to gas in recent years, arguing renewable energy is developing quickly enough to replace fossil fuels, but the government sees gas as the best way to transition away from coal.
Mr Morrison will unveil the plan with a promise to “deliver more Australian gas where it is needed at an internationally competitive price” for manufacturers and households.
“As we turn to our economic recovery from COVID-19, affordable gas will play a central role …
-
Noosa News17 hours agoAustralian wagyu beef industry confident about exports despite tariff threat
-
Noosa News16 hours agoApples grown on Australian mainland to be exported to China for first time
-
Business16 hours ago3 ASX 200 stocks to buy and hold forever without thinking twice
-
Business19 hours ago3 strong ASX ETFs to buy in May