Monday, 9 September 2019
Fossil Fuel Basins
On behalf of Senator Hanson-Young, I move:
That the Senate—
(a) notes that, on 31 July 2019, offshore petroleum exploration acreage was released, containing 64 areas available for lease:
(i) this is largest number of areas released since 2000, with more than 120,000 square kilometres available, and
(ii) fossil fuels are the leading cause of climate change; and
(b) calls on the Federal Government to halt the development of any further fossil fuel basins.
Fossil fuels, including oil, gas and coal, are going to play a vital role in Australia's energy mix for the foreseeable future. The current acreage release provides opportunities to ensure continued energy security for all Australians. Our oil and gas reserves are an important part of our national wealth, too. Gas is now our third-biggest export. Exploration for oil and gas in Australian waters has been undertaken safely for decades. The industry is overseen by an independent expert regulator, the National Offshore Petroleum Safety and Environmental Management Authority, otherwise known as NOPSEMA.