Ann: Q3 FY21 Quarterly Report, page-44

I lack technical analysis skills re oil and gas projects but overall, COE deserves to be complimented for what it's achieving with its Orbost plant. Victorians including me rely on natural gas for cooking, hot water and above all else, to fgeel comfortable on our cold autumnal and winter evenings. I love natural gas as a fuel!

A slight diversion but here's the industry association doing its job well and properly. A few other business organisations ought similarly speak up:

Excellent submission in 'The Australian' online (print edition should have it on Wednesday 5 May):

"Oil and gas lobby group APPEA says “extreme environmental front groups”, including the Australasian Centre for Corporate Responsibility, Market Forces and Institute for Energy Economics and Financial Analysis, over their targeting of banks and super funds.

In its submission to a parliamentary inquiry probing prudential regulation of investment in Australia’s export industries, APPEA said climate activists ignored the reality that “natural gas will play a key role in achieving the objectives of the Paris Agreement”, driving down emissions while ensuring reliable energy.

The oil and gas sector, which supports more than 80,000 jobs through companies including BP, Shell, Santos, Origin and Woodside, is increasingly concerned by the threat to investment as lenders aggressively pursue environmental, social and corporate governance strategies under pressure from climate activists.

The intervention, which comes after Josh Frydenberg last week announced a crackdown on proxy advisers to inject greater oversight into the decisions of institutional shareholders including super funds, was prompted by risks to future projects and Australia’s oil supply.

APPEA chief executive Andrew McConville said it was “time to call out the extreme environmental movement’s dodgy shareholder tactics” targeting the oil and gas sector, which contributes almost 3 per cent to Australia’s GDP and 11 per cent of exports..."