State and national governments believe expanding gas production can be ‘made safe’ and also help reduce world greenhouse gas emissions. Our research disagrees.
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ANZ, NAB and Westpac have been criticised for helping to bankroll Woodside’s massive expansion of LNG production, despite their climate pledges.
Oversupply and an emissions profile not much better than coal are putting US$1.3 trillion in new LNG export and import infrastructure at significant risk of becoming stranded, new report finds.
Rush of new fossil fuel projects, egged on by the Coalition Government, is likely to push global emissions higher while ACCC warns gas producers on prices.
Report warns Australia’s vastly underestimated CSG emissions – potentially equal to entire transport sector – would make Paris targets impossible to meet.
Environment groups demand explanation from WA premier McGowan, after he suggested massive Scarborough gas project will be protected from legal action.
Gas industry says if they use solar to power the massive LNG plants it will halve emissions. Sun Cable is supportive.
Having realised it’s a “bit on the nose,” the gas industry’s new marketing strategy plays into the Morrison government’s big lie that we need gas for future prosperity.
Santos signs off on an NT gas project, set to produce so much emissions, it has been described as a “carbon dioxide factory”.
The oil and gas industry has a massive methane problem, and it’s going to get worse as COVID19 ramps up demand for fossil fuels.