We have a huge part of our economy depending on fossil fuels (gas). A short sighted solution but that’s where we are. How do we grow out of this?
If WA starts throttling the gas production we have to be looking to other things of global value to sell.
I am not an economist so I am out of my depth here. So you’ll have to forgive my ignorance and educate me. Clearly this is something you know a bit about. Don’t you count gas a fossil fuel? I would.
Clearly I am confused where this value is coming from and perhaps it’s not export.
Anyway fossil fuels (including gas) are a big part of our economy and we should have a path to phase them out if we are going to reduce our environmental impact.
$38 000 000 000 seems like a lot income to start taking out of the equation.
I feel my point is, if we’re going to reduce our dependancy on fossil fuels we need to recreate value somewhere else in order maintain our economy and ultimately our standard of living. So how do we do that and what might that look like?