Gas reservation scheme now the only way forwardGas shortages are now an issue of national importance, one that demands immediate attention and bipartisan support for a legally binding gas reservation scheme.Jennie George3 min readAugust 2, 2024 - 5:00AMPrime Minister Anthony Albanese and Energy Minister Chris Bowen announce Former Treasurer of New South Wales Matt Kean appointment to the Climate Authority. Picture: NewsWire / Martin OllmanPrime Minister Anthony Albanese and Energy Minister Chris Bowen announce Former Treasurer of New South Wales Matt Kean appointment to the Climate Authority. Picture: NewsWire / Martin OllmanThe recent headline “Gas shortfall expected to hit east coast in 2027” sounded an ominous warning. The ACCC brought forward its prediction of gas shortfalls by a year and called for an “urgent” development of new sources of supply. Similar warnings have been made by the market operator AEMO. The Albanese government is facing a serious structural shortfall in gas supply.
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