Energy and Climate Change Minister Chris Bowen said a blanket ban on gas would be “irresponsible”.“It would be irresponsible to put some sort of blanket ban on gas, as we are undertaking this messy transition coming after 10 years of denial and delay starting in 2022 to get to 2030 target. Yes, it’s ambitious and difficult and complicated,” Bowen said.
“What we are doing is providing that incentive and that certainty for firms to make the investments ... some of which will be available now for some of the facilities some of which will take some years to develop, but they need to invest in it now,” he said.The Australian Financial Review He said the government was confident in its ability to replace natural gas, but “it’s not there yet”.
“You’ve got gas fields reducing production in the southern states for example ... we need to ensure the gas fired power stations have supply and that’s before you get to manufacturing.”Returning to the predicted interest rate rises, Government Services Minister Bill Shorten says Australian families are doing it tough as another rise was expected.
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