Here are some news articles and media releases examining the LNG industry and the recent policy withdrawal by the EPA on their greenhouse gas guidance here in Western Australia.
We recommend having a read of the following articles to find out more about interesting points in the debate, like just how many jobs are actually created by the LNG industry (around 1% of WA’s workforce), how many jobs could be created if the EPA’s policy was applied.
The LNG players that pushed back against new large projects having to offset all their greenhouse gases produce a dominant and growing share of the State’s carbon emissions from industry and power generation.
Oil and gas giant Woodside could right now completely offset all carbon emissions from its North West Shelf and Pluto operations in Western Australia for 1.1-1.5 per cent of those projects’ gross profits, according to a Canberra thinktank.
Western Australia’s liquefied natural gas industry is the main driver for increased emissions but the state has refused to endorse EPA’s guidelines.
The Intergovernmental Panel on Climate Change has said to limit global warming to 1.5 degrees will require nations to phase out coal by mid-century and leave most fossil fuel reserves in the ground. Even at 1.5 degrees, warmer, up to 90 per cent of the world’s coral reefs will die.