Peter Henderson is the CEO of Metgasco. The Echo asked him to write a piece on why the coal seam gas industry would be good for the North Coast.
This week the federal government released its Energy White Paper which forecasts that gas will account for 44% of Australia's electricity supply by 2050 or about triple the amount produced in 2010. The coal seam gas (CSG) industry already plays an important role in Australia's gas needs and is expected to be more significant in meeting Australia's future energy needs.
This report followed the release of the World Energy Outlook report from the International Energy Agency which said that natural gas and renewables are forecast to meet almost two thirds of new energy demand.
Northern Rivers Echo
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