Amid Climate Goals, Australia Plans to Ramp Up Gas Production, Expects $47 Billion in LNG Sales

The Australian Government, one of the world’s largest gas exporters, released a plan on Thursday to boost gas exploitation in the coming decades, despite its commitment to achieving net zero emissions by 2050. “The Strategy makes it clear that gas will remain an important source of energy through to 2050 and beyond, and its uses will change as we improve industrial energy efficiency, firm renewables, and reduce emissions.”Australian Minister for Resources Madeleine King said in a statement on Thursday. The ‘Future Gas Strategy,’ published today, seeks to prevent gas shortages in Australia by promoting gas projects to ensure that this … Continue reading Amid Climate Goals, Australia Plans to Ramp Up Gas Production, Expects $47 Billion in LNG Sales