Securing Our Energy Future Policy Paper

The impact of the status quo will be devastating to Victoria’s small business and industry. The Longford Disaster in 1998 cost business $1.3 billion. In today’s dollars, without taking into account population growth, that would be $2.6 billion per fortnight that gas is not available. 

An efficient and least-cost pathway for Victoria requires streamlining regulatory approvals, upholding technology neutrality, formally recognising emerging energies in pre-existing frameworks and incentivising supply and demand of novel gases and liquid fuels.

Victoria has the opportunity to develop these new clean energy industries and be a leader nationally and internationally. These novel industries in renewable gas, carbon capture and storage, and renewable liquid fuels will translate into more jobs that would drive our local economy into the net zero future.

Collaboration between energy industry producers, retailers, pipeline and infrastructure companies, peak bodies and end-to-end users together with the Victorian Government is essential and urgent to ensure that gas remains in our energy system.

Download the Policy Paper