Overview
- Since 2006, WA’s 15 percent domestic reservation has driven down local gas prices by mandating set-aside supply for households and businesses.
- In Tokyo, Cook told officials that Australian LNG exports and planned green hydrogen ventures are essential for Asian economies shifting away from coal.
- Institute for Energy Economics and Financial Analysis data shows Japanese firms re-exported 11.3 to 14.7 million tonnes of Australian LNG last year, exceeding the east coast grid’s annual demand.
- Cook rejected criticism of Japan’s on-selling, calling it a standard business practice that channels fuel to nations less able to transition quickly from coal.
- Climate scientist Bill Hare argues there is no scientific basis for claims that maintaining gas exports is critical to a clean-energy transition.