The Nationals leader, David Littleproud, has declared energy prices will be cheaper under a first-term Coalition government that plans to increase gas supply, without providing modelling and acknowledging significant “capacity constraints”.
The Coalition has announced it will fast-track the approval of Woodside’s North-West Shelf gas project and offer subsidies to existing gas plants. Unspecified red tape will be removed and the “national interest” test in the environmental approval process would also be amended to give greater weight to economic and social benefits.
