So, while Twiggy is intent on importing LNG to Port Kembla from overseas sources, STO is continuing exporting LNG to Singapore "from Santos' global portfolio of world class assets" - in other words Santos is doing business as usual with or without Qld (Bowen / COI) sources and with or without the approval or consent of the Qld / Federal governments and the Greens and other anti-developers who continue to live in a thought bubble, while the rest of the world, especially the developing world (including China and India especially) move on and continue to source gas for their immediate and long term economic needs.
I believe in "climate change" and the importance of developing long term energy technologies that have a low carbon footprint, but in the meantime Australia must pay its way and not "cut off its nose to spite its face" - coal and gas plants will continues to expand in number and be around for the next 5 decades or more ... and they will burn either Aussie coal/gas or non Aussie sources - Australia only derives income from the former and only derision for the latter - with a properly funded R&D economy, we may end up energy independent when the rest of world is still stuck in carbon land which will eventually be punished by world major world economic powers when climate panic really sets in ..... "The Day After Tomorrow" ????
The recent pathetic situation were the Labor treasurer is admitting that without additional (unfunded spending) we be in recession, and without the pseudo-economic growth from (unsustainable) levels of immigration (resulting in a GDP per capita contraction) we would be in a recession worse than the severe 1991 recession ..... oh dear oh dearie me.
Australia desperately needs export income, and if iron ore (especially) continues to drop in price and volume, WA's and Australia's economy will tank.
Equating income earned from education (a back door for large immigration) with resource and agricultural exports is foolish.
A "Houses and Holes" economy is not a sustainable long term - read Sajitat Das for details
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