An inquiry into major plans to exploit gas in the Northern Territory’s Beetaloo Basin has recommended the federal government commit to a national plan to offset the vast emissions the project is expected to release.
The former Coalition government made gas exploration in the Beetaloo Basin a central tenet of its plans for recovering from the Covid pandemic, using grants and tax breaks to incentivise gas corporates to begin work in the region. The basin covers about 28,000 sq km south-east of Katherine and is thought to contain huge reserves of shale gas.
