Beetaloo Basin holds ‘Australia’s greatest emissions reduction opportunity’, inquiry hears

Tamboran Resources managing director Joel Riddle says Beetaloo reserves ‘critical’ to lowering greenhouse gas emissions because they are ‘low CO2 reserves’. Photograph: Lukas Coch/AAP

A gas company boss has told a parliamentary committee that reserves in the Northern Territory’s Beetaloo Basin represent “Australia’s greatest emissions reduction opportunity” in remarks quickly dismissed by climate groups.

The committee held a hearing on Monday to grill Tamboran Resources about public funding its subsidiary Sweetpea Petroleum had received for exploratory drilling.