Former prime minister Malcolm Turnbull has already called the government’s gas-led recovery “BS” and “political piffle.”
Now two reports raise even more questions about the claims being made about Scott Morrison’s gas-led recovery, particularly the ability for gas to create manufacturing jobs.
A report by the Grattan Institute reveals that, far from creating a much needed economic stimulus, gas will decline as an energy source for homes and industries in Australia.
And another report by The Australia Institute reveals a gas-fired recovery will not assist Australia’s manufacturing industry, with the biggest benefits going to companies that export gas, not local manufacturers.
The Coalition has previously sided with the work of the Grattan Institute in areas such as education.
So why is the government pushing a gas-led recovery? And who benefits?
Grattan Institute energy program boss and author of the report Tony Wood said the government’s gas-led recovery appeared to be driven by politics more than economic analysis, in particular the agenda of the NCC.
“When you think about that part of the commission, it was appointed to provide direct advice to the prime minister on an economic recovery,” he said. “In this case it played to something Morrison was already looking for.”
Then there are the donors. Crikey has already written extensively about how the prime minister’s energy policy is built around the interests of the government’s biggest fossil fuel donors — Santos, Origin, Woodside — under the guise that gas is a “transition fuel” to be added to the mix alongside renewables.
This also plays to a political argument that gas, like coal, appeals to the Coalition’s base.
“Their favourite fossil fuel has become political poison,” Merzian said. “This is their next fossil fuel of choice. And it comes with better marketing — imagine if we could call coal natural coal.”
https://www.msn.com/en-au/news/australia/a-gas-led-recovery-wont-create-jobs-so-who-benefits/ar-BB1b2fIb?ocid=msedgntp