Great analysis on Canada's LNG sector. A must watch www.youtube.com/watch?v=Lt6H... #LNG #Canada #climate

@ieefainstitute.bsky.social
published a report today on the Hidden costs of eastern Australia's LNG boom. It has added billions to the energy bills of households/businesses, causing some industrial plants to close, and has led to lower gas demand in eastern Australia. ieefa.org/resources/hi...

@exxonmobiloil.bsky.social and its partner Woodside have withdrawn its South East Australia #CCS project in the Gippsland basin offshore Victoria. The decision does raise the question about the effectiveness of CCS given its poor track record.
epbcpublicportal.environment.gov.au/all-referral...

Good to discuss this gas myth with @roycerk2.bsky.social for @reneweconomy.com.au #gas #LNG #coal
reneweconomy.com.au/woodsides-cl...

All you need to know on nuclear in Australia. www.youtube.com/watch?v=JBqV... #nuclear #gas #coal

It has been 10 years since Queensland started exporting #LNG, over which time east coast gas prices have tripled, eastern Australia demand has fallen to a 25 year low. #Gas has been redirected from domestic market to exports, creating supply tightness. ieefa.org/resources/qu...

I spoke to the ABC last week to put into the context the impact of Santos's Moomba CCS plant on reducing greenhouse gas #emissions. #CCS #gas
www.abc.net.au/news/2025-01...

Hedge fund Elliott warns White House is inflating crypto bubble that ‘could wreak havoc’ - MAGA donor warns against MAGA economics.

The latest Australian Energy Market Operator (AEMO) report - Western Australia's GSOO has an interesting chart on #gas demand for #power generation. It shows lower gas demand due to higher penetration of #renewable energy and grid-scale #batteries under all scenarios. There is no WA gas shortage.

It was good to speak to @roycerk2.bsky.social about the impact of the start-up of #LNG in #Queensland almost 10 years ago and that has seen domestic #gas demand fall in eastern Australia and local gas prices triple.
reneweconomy.com.au/gas-eating-g...

Good to see @michaelwestbiz.bsky.social contrast the facts on declining #gas demand in eastern Australia trends with the claims made in the 'gas industry advertorials' in the Murdoch owned newspapers. #lng #energytransition
michaelwest.com.au/gasbagging-n...

Methane is jeopardising Australia’s emissions reduction targets; it is expected to account for 68%-95% of Australia’s targeted emissions by 2035. #Australia could abate two-thirds of its fossil fuel #methane #emissions using readily available technologies. ieefa.org/resources/pr... #gas #LNG #coal

Gas demand in eastern #Australia at 25-year low, aided by tripling in #gas prices since #LNG exports started in #Queensland. Manufacturing gas demand at 31 year low, gas for power down by 60% over 11 years; demand falling in residential sector. ieefa.org/resources/ln...

The latest Australian #emissions projections are out, showing a sharp upward revision in grid-battery #electricity generation that by 2040 it will be supply as much as 88% as #gas does in the same year.

The Gorgon CCS facility in Australia, operated by Chevron, captured and stored less CO2 in the 2023/24 fiscal year and was the worst since it started storing CO2 in 2019. It stored 1.59m t of CO2 in 2023/24 down from 1.72m t in 2022/23. #CCS #gas #LNG #CO2 #emissions

It was good to speak to Royce Kurmelovs about another government handout for the questionable 'climate solution' CCS. Western Australia government gives taxpayer money to Woodside and others to enhance their PR, that will do little to reduce emissions. reneweconomy.com.au/woodside-han... #CCS #LNG

My colleagues at IEEFA have updated their report on Japan's surplus LNG buying. #Japan resold record volumes of LNG in the fiscal 2023 year, while its own demand fell. Japan is one of Australia's largest LNG customers, and now rivals.
lnkd.in/gnNsiXH8 #LNG #gas #trade ieefa.org/resources/ja...

In its annual investor day briefing, Santos gives greater emphasis to carbon capture and storage (CCS) with plans to store 14m t of CO2 by 2040, (16 years time). Bearing in mind it took 17 years for Santos to bring its Moomba CCS project online from when it first announced the project in 2007.

Good article on CCS, somehow despite a poor track record and the perpetual promises from the sector for decades, the oil and gas' formidable PR machine continues to push this false solution for lower emissions from fossil fuels. #CCS #gas #LNG
johnmenadue.com/environment-...