Australia's gas and electricity producers push back on government intervention

Australia’s oil and gas producers have warned against the Morrison government underwriting a massive expansion of the domestic industry, saying the country does not have a gas shortage and intervention could reduce supply and raise prices.

The Australian Petroleum Production and Exploration Association said it welcomed some recommendations on gas in a leaked draft report by a manufacturing taskforce advising the National Covid-19 Coordination Commission, but it also included “ideas that just won’t work”.

Read more: https://www.theguardian.com/australia-news/2020/may/21/australias-gas-and-electricity-producers-push-back-on-unnecessary-government-intervention