this post was submitted on 28 Jul 2023
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French here, we have the same kind of regulation since 2020 I believe.
Do you produce gas in Australia?
Here it's all imported (and it was mostly from Russia before the Ukraine war) and we produce electricity mostly from nuclear plants so it's easy to push gas out the homes.
We sell it to other country's for less than what we sell it to ourselves, also sorry about the submarines.
For refereance:
https://youtu.be/xqegTsi6SiE
Yeah, but its more valuable as an export than it is domestically.
Australia loves green initiatives locally but REALLY loves our trillion dollar coal and gas export industry.
It's produced in Australia and mostly exported. Only Western Australia was smart enough to make sure they set some domestic production aside for domestic use instead of being forced to pay global prices. Everyone on the eastern seaboard had to swallow a spike in energy prices across the board when the Ukraine war started.
Shit loads of it, along with coal its a massive earner for export.
Our two major political parties have so much coal and gas money pumping into them that anything that may reduce the profitability doesn't get far.
We don't have gas at home but I think it's stupidly expensive as a local consumer too.