electricity boom good for gas

Interesting article on Eureka Report today on the electric car and what is means for electricity consumption and gas.

Basically it says the coming boom in electric cars will lead to another surge in electricity consumption, similar to that which has occurred as a result of the boom in household air conditioning.

It argues that will much more pressure on Australia to move away more quickly from coal-fired power which, in turn, means converting the Latrobe Valley generators from brown coal to gas.


Full article can be read at:

http://www.businessspectator.com.au/bs.nsf/Article/Time-for-a-gas-explosion-pd20090901-VFSU7?OpenDocument&src=sph