Australia's gas and electricity producers push back on government intervention

Subsidies should focus on early-stage clean technologies not energy sources that are already mature or commercial, Energy Council says

Australia's oil and gas producers have warned against the Morrison government underwriting a massive expansion of the domestic industry, saying the country does not have a gas shortage and intervention could reduce supply and raise prices.

The Australian Petroleum Production and Exploration Association said it welcomed some recommendations on gas in a leaked draft report by a manufacturing taskforce advising the National Covid-19 Coordination Commission, but it also included ideas that just won't work".