Wednesday, May 10, 2017

Federal budget 2017: Funding boost for expanding gas sector, but little for renewable sector

The Federal budget includes a number of multi-million-dollar measures to ensure more gas is available and shore up east-coast supplies.
Gas exploration, science and pipeline feasibility
all get funding from the Federal budget.
Investment, environmental research, pipeline feasibility studies and other semi-regulatory bodies are at the heart of the spend.

It also is very pointed in its inference that states and territories with moratoria in place on gas drilling, exploration or fracking will not have access to funds.

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