The path to a renewable future will be lit up by natural gas

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6 July 18, 4:28pm Cooper Energy completes successful testing of Sole-3 well – a key milestone for the Sole Gas Project which will del… https://t.co/o3HU7cI6i5
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11 May 18, 10:21am #APPEA2018 #oilandgas #conference is looking to the future of the Australian oil and gas industry’s workplace cultu… https://t.co/Dw24eyjMqg
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10 May 18, 2:22pm With energy policy & resource projects in the headlines – and the possibility of a 2018 federal election – there wi… https://t.co/n2E7Kefjcq
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by APPEALtd
8 May 18, 9:50pm Once again the Federal Budget has highlighted the significant contribution Australia’s natural gas industry makes t… https://t.co/ykRB8pVGcf
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by APPEALtd
Path to renewable - Australian natural gas

Currently, Australia has a number of sources of renewable energy technology, including solar, wind and hydro. Our country has great wind resources and ample sunshine, so there is definitely opportunity for growth in the renewable sector. Similar to many other countries, Australia has encouraged development of renewable energy potential through government policy and mandates.

Yet, energy produced from renewables does not come close to powering Australia – it’s only about 15%. And, according to AEMO, the hypothetical cost of a 100 per cent renewable power system starts at $219 billion. We are going to need many other sources of energy in addition to solar & wind.

Last month, the U.S. Environmental Protection Agency chief Gina McCarthy highlighted the importance of natural-gas production in the Obama administration’s efforts to combat global warming.

From her remarks: “Responsible development of natural gas is an important part of our work to curb climate change and support a robust clean energy market at home.  It also has huge potential to help power our factories and our vehicles, while at the same time cutting our dependence on foreign oil.”

Natural gas has already been credited with sending the U.S.’s energy-related carbon dioxide (CO2) emissions to their lowest levels since 1994.

Natural gas is the obvious complementary energy source to a lower carbon energy production future. In addition to being the cleanest of the fossil fuels, it is non-radioactive and buys time for other technologies to mature or be developed.

Fortunately for us, natural gas is also abundant in Australia. Let’s make sure we benefit from #ouradvantage.