Gas plant costly and out of context

Image:Kurri Kurri in the Hunter Valley is the site of a newly announced 600 million dollar gas plant

The 600 million dollar gas plant to be built with taxpayer funds in the Hunter Valley has attracted heavy criticism. The announcement  comes the day after the International Energy Agency predicted that gas was about to go into a steep decline after 2030.  It has been criticised for ignoring the climate change factor and also because it is being built with taxpayer money and yet according to some energy analysts may actually increase power prices.

Produced By: Annie Hastwell

Featured In Story: Bruce Robertson, energy analyst, Institute for Energy Economics and Financial Analysis

First aired on The Wire, Wednesday, 19 May 2021