Government Gas Wastrels

By Viv Forbes

Four energy sources power most of our world – oil, coal, uranium and gas. These are the earth energy sources that provide heat, light, transportation and power for most homes, factories, farms, vehicles, engines and appliances (for Australia and New Zealand, cross out uranium).

Australia has large buried resources of all of these fuels, and we lead the world in exploration, drilling and extraction technology.

So what could go wrong?

In just three words – stupid energy policies. Big Nanny must intervene in these markets with ever changing rules on tenure, investment policies, development conditions, restricted and no-go areas, market mandates, export embargos and discriminatory taxes and subsidies.

Complete article: [PDF, 111KB]

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