Grattan Institute Calls for Ban on New Home Gas Connections in Australia
reneweconomy.com.auA new report from the Grattan Institute argues that Australia must accelerate its exit from gas to meet net zero targets by 2050. The think tank suggests banning new household gas connections and implementing a windfall profit tax on the LNG export industry to drive decarbonization. With domestic gas demand peaking in 2020, the report highlights the risk of a network death spiral. It recommends transitioning homeowners to electric appliances and shifting remaining gas users to LPG to avoid cross-subsidizing a shrinking customer base.
