Australia’s COVID-19 economy boost? More money-losing gas production

Climate Voices

Australia’s COVID-19 economy boost? More money-losing gas production

Despite an evaporating global demand, Australia clings to natural gas as its COVID-19 economic savior Between an oversupply of natural gas, the Paris commitments reducing demand, and increasingly affordable renewable energy, you’d have to be wildly optimistic—some might say stupid—to put your eggs in the gas basket right now.  But Australia is doing just that.     After all, who else but Australia, the world’s fossil fuel cheerleader, would think that the answer to pandemic economic recovery is a taxpayer-funded push for more gas? The Australian government seemed to tip its…

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