'No transition without gas': Renewable energy leader South Australia defends fossil fuel

abc.net.au/news/no-green-energy-transition-without-gas-says-south-australia/102351232South Australia's energy minister has launched a strident defence of the gas industry, saying his state's global leadership in the switch to green power would not be possible without the fuel it produces.

In a rare public speech since stepping down from the central bank in 2016, Mr Stevens said huge sums of money and vast amounts of resources would be required to wean the economy off fossil fuels. "Policies addressing climate change, presumably require users of energy to face permanently high prices for carbon-based energy from now on," Mr Stevens told delegates attending the Australian Petroleum Production and Exploration Association conference in Adelaide."The transition will also require prodigious amounts of investment – prodigious amounts of investment – including by the public sector as the economy is re-tooled.

Earlier today, Mr Koutsantonis argued that gas would be essential to efforts to keep the lights on and industry afloat even as renewable sources provided more and more of South Australia's energy supplies. "Yet the only way we can deliver, 70 per cent, 80 per cent, 90 per cent renewables is knowing that I have Santos and Beach Energy standing behind the South Australian government, providing that gas to our generators to firm that renewable energy for the remaining 10 per cent."Gas is the firming fuel. Gas will help us decarbonise."

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