Renewable Energy Research & Data Management & Stakeholder Engagement | New Business Decarbonisation Development
The Future Gas Strategy: A Flawed Approach to Australia's Energy Future? Very concerning. The recently announced Future Gas Strategy has raised significant concerns regarding its alignment with Australia's long-term climate goals. Here's a breakdown of the key issues and a more nuanced perspective with out a hidded agenda! Focus on Exports, Limited Domestic Impact: Critics argue the strategy prioritizes natural gas exports over domestic energy security and the transition to net-zero emissions by 2050. While Western Australia boasts significant gas reserves, the industry employs a relatively small workforce and contributes minimally to government revenue compared to other sectors like iron ore. Additionally, the Australian Taxation Office considers the industry to be a "systemic non-payer" of tax. Deeply Questionable Compatibility with Net-Zero Goals: The government claims that continued gas production is crucial for a smooth transition to an 82% renewable energy grid by 2030. However, experts suggest that increased investment in solar, wind, and battery storage is a more sustainable approach. Electrifying homes and industries, phasing out natural gas use, aligns with the safeguard mechanism's objective of reducing emissions from large emitters. Developing new gas fields like Scarborough and Beetaloo Basin could hinder progress towards net-zero goals. A More Balanced Perspective: While the Future Gas Strategy requires scrutiny, a complete dismissal might be premature. Here are some considerations: Natural Gas as a Transition Fuel: In the short to medium term, natural gas could play a role as a cleaner alternative to coal for power generation. Geopolitical Realities: Global energy security is a concern, and Australia's gas exports might contribute to diversification and stability in the international market. The Way Forward: A comprehensive review of the Future Gas Strategy is necessary. The government should: - Prioritize Renewables: Invest heavily in solar, wind, and battery storage to build a robust renewable energy infrastructure. -Set Clear Timelines for Gas Phase-Out: Establish a roadmap for phasing out natural gas usage in homes and industries, aligned with net-zero targets. -Explore Battery Technologies: Research and develop battery and storage technologies to minimize the environmental risks.
Quote: "The obvious key to delivering 82 per cent renewable energy is more solar and wind, with adequate storage – mainly battery and pumped hydro – so you would think words of encouragement and/or money should be applied to that."