Australia is currently aggressively developing its natural gas resource. By the end of 2018, it is likely to overtake Qatar as the world’s largest liquified natural gas (LNG) exporter.
Western Australia is leading the way on developing gas with the premier, Mark McGowan, calling for the state to be a global LNG hub. Recently businessman Andrew Forrest announced a radical plan to create a “virtual gas pipeline” linking WA gas to the east while Chevron over the weekend committed to the second stage of its multi-billion dollar Gorgon project expansion.
The scale of the developments in WA is enormous: a recent report states that the total global emissions from all of WA’s gas reserves (conventional and unconventional) is equivalent to 36.4bn tonnes of C02, that is eight times more than the planned Adani coal mine would produce in its lifetime.
The domestic carbon footprint from exploiting WA’s unconventional gas reserves, currently subject to a fracking inquiry, would be three times the amount Australia could emit if it were to comply with the Paris Agreement.