NATURAL GAS I am calling for a national energy summit to deal...

NATURAL GAS

I am calling for a national energy summit to deal with issues arising from the crisis in South Australia caused by the state’s over-reliance on renewables.

Some of the country’s major industries are in danger of shutting down because of crippling power prices and uncertainty over supply.

I agree with South Australia’s Energy Minister Tom Koutsantonis that other states are facing a similar crisis. This fact has been foreshadowed by independent authorities and regulators including the ACCC.

Solutions cannot be found overnight, but the NT is uniquely placed to help avert disaster: We have abundant onshore gas reserves that can be used to generate low-emissions, low-cost electricity for the rest of Australia.

A national energy summit should also consider connecting the NT to the national electricity grid and the possible construction of a second gas pipeline from Central Australia to Moomba.

These can both be achieved under the Commonwealth’s agenda to develop Northern Australia.

Labor’s uncosted policy to enforce 50% renewable energy by 2030 would be catastrophic for Australia and the Territory.

Independent modelling has shown it would increase power prices in the Territory by upwards of 400%.,” he said.

Labor sold out 6300 jobs and the Territory’s biggest industry to win preferences and support from the Greens. Michael Gunner ought to be ashamed of himself.

Adam Giles
Chief Minister