A wave of planned fossil fuel developments by major companies across northern Australia would significantly increase the amount of coal and gas the country plans to sell into Asia and push the Paris climate agreement goals further beyond reach, a Guardian analysis reveals. Official government projections assume Australian coal exports will continue to increase until at least 2050. Government analysis has blamed most of the increase on the expanding liquified natural gas industry, particularly in northern Western Australia. Yet the most significant liquified natural gas proposal is still in development. In the example of Japan, Australia’s biggest liquefied natural gas market, it has found its gas is increasingly competing with nuclear and renewable power.
Source: The Guardian October 09, 2019 11:00 UTC