It is better late than never, but the Albanese government has finally announced a domestic gas reservation scheme for the East Coast of Australia.
Under the plan, Australia’s largest exporters would set aside up to 25% of annual east coast gas production for domestic use.
Climate Change and Energy Minister Chris Bowen said Australians “should have first rights to what’s under Australian soil, Australian waters, and that gas should be available to Australians at reasonable prices”.
