Shareholders back Woodside’s approach on climate and new projects such as the $11 billion Trion could be accommodated within the gas giants emissions targets and Paris climate goals.
Approvals, access to finance and state gas bans are holding back dozens of gas projects needed to stave off a shortfall, and the problem has been worsened by the gas market intervention.
The ACCC’s 2023 gas inquiry report warns of a much more troubling outlook for east coast gas supplies than the Albanese government populist gas market intervention suggests.