We need to clear the runway for new gas supply

The growing list of warnings from independent energy regulators about looming gas shortfalls in Australia, and the urgent need for investment in new gas supply, seems to finally be sinking in with governments.

Yet despite the growing acceptance from the federal and east coast state governments of the long-term role of gas in Australia’s energy transition, this is yet to translate into actions to encourage new investment in gas supply and clear the long backlog of projects stuck in regulatory approval purgatory.