Tuesday night’s federal budget confirmed the Morrison government will spend A$50.3 million on gas projects in the Northern Territory, South Australia and the east coast.
This decision, it says, will support the completion of seven new “priority” gas projects. Energy Minister Angus Taylor says the government strongly backs natural gas and accused the opposition of being “willing to risk Australia’s energy security and investment in regional Australia to appease gas activists.”
However, the development of new fossil fuel projects is completely inconsistent with the broader goal of achieving net zero emissions by 2050 – and will not improve energy security.
