How Australian Gas Reserves Affect the Economy
Before its defeat in May 2022, the Morrison government made a series of fossil fuel funding pledges — pinning hopes on an economic recovery from COVID-19 on natural gas reserves. Furthermore, these reserves support a huge export industry. It was no secret that the previous federal government supported the natural gas industry. For instance, in New South Wales, the government pledged to provide AUD $723 million to the gas industry. Likewise, the Australian government promised AUD $173 million to develop a new [...]