Body representing the gas industry says Peter Dutton’s plan is a ‘damaging market intervention that will drive away investment’
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Energy experts have expressed doubts the Coalition’s plans to force gas producers to sell more of the fossil fuel domestically could bring down prices or ease supply pressures, saying the move could also push up greenhouse gas emissions.
In his budget-reply speech, delivered only 12 hours before Anthony Albanese announced a federal election for 3 May, the Coalition leader, Peter Dutton, said that, if elected, his government would deliver an “east coast gas reservation”.
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