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Carbon trading scheme to send gas use soaring

Posted on 17 December 2009

From Theaustralian.com.au: Demand for gas in the eastern states and South Australia is expected to grow fourfold over the next 20 years, as Queensland export projects start and the Rudd government’s emissions trading scheme drives gas-powered electricity generation at the expense of coal-fired power.

The growth will mean that Queensland will exceed its existing gas pipeline capacity by 2013, NSW in 2012 and Victoria between 2012 and 2015………………………………..Full Article: Source

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VRS - who has written 37561 posts on Opalesque Commodities Briefing.


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