Invertedva,I read something recently that said gas long term...

Invertedva,

I read something recently that said gas long term wont be a solution for Victoria's energy needs. The only way to guarantee long term gas is via WA - which is very expensive and with Peak Oil approaching, gas will trend with it. Bit risky for ALL Vics needs.

In the case of TruEnergy - maybe they will be the front runner to grab the gas niche market.

Brown coal here and elsewhere will be burned because its SOOO cheap/abundant/reliable - nothing can compete with an in situ lignite resource. In wealthy Victoria it will be burned long into the future - and how much more so in poor India/China.

They ALL need to clean lignite up as PART of the solution.

Below is not the article I was referring to , but it says similar :

" Of great strategic importance for Eastern Australia are the long term energy alternatives. Natural gas is NOT a long term option. It is depleting rapidly, and has a
twenty (20) year horizon is as far as known and probable reserves can be predicted."

http://www.garnautreview.org.au/CA25734E0016A131/WebObj/D0838340GeneralSubmission-AustralianenergyCompany(AEC)-AllanBlood/$File/D08%2038340%20General%20Submission%20-%20Australian%20energy%20Company%20(AEC)%20-%20Allan%20Blood.pdf