Anti-development activists’ predictable claims

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21 January 21, 11:11am Benefits of exports protected and security of local supply confirmed in new agreement: https://t.co/BTegyRgbJl
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by APPEALtd
11 January 21, 8:49am The arrival of Port Hedland’s first LNG-fuelled bulk carrier is an important development in the Australian shipping… https://t.co/ntMHEnHMIX
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by APPEALtd
6 January 21, 8:47am The Santos-operated Bayu-Undan joint venture has received a final investment decision for a drilling program in the… https://t.co/Nb0SxREiQO
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by APPEALtd
2 January 21, 9:55am Supportive policy investment and operating environments are essential to capture the next wave of growth for the Au… https://t.co/LR42Fvniy8
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by APPEALtd

Letter to the editor, Centralian Advocate (20 June)
 
It’s no surprise to see The Australia Institute sees no benefit in developing the NT’s natural resources (Centralian Advocate, Letters, 16/6). After all, it has also claimed there were no benefits from the North West Shelf and Snowy Hydro projects.
 
Anti-development groups such as TAI will always argue there are reasons to do nothing.
 
But the truth is the safe and sustainable development of the NT’s onshore gas resources has the potential to deliver real economic benefits.
 
Deloitte Access Economics has found that developing onshore gas could increase NT government revenues by almost $1 billion by 2040 and create up to 6300 jobs.
 
Many of these jobs will go to local businesses, especially in regional areas. This is consistent with the contribution the onshore oil and gas industry has already made in South Australia and in Queensland.
 
The NT fracking inquiry recently commissioned its own economic modelling to evaluate the impact of new gas development. The gas industry respects this process and expects it will deliver an independent and credible analysis.
 
TAI’s work cannot be described in those terms.
 
Matthew Doman
APPEA