Australia’s energy future: Why it’s time to move away from gas

For far too long, Australia has been reliant on gas as a key energy source, despite the numerous issues it poses.

Gas has become an expensive, environmentally harmful option that contributes to climate change and health problems. But with billions of dollars in subsidies supporting the fossil fuel industry, the push for more gas continues, even as our planet faces escalating climate challenges.

As Australia approaches another federal election, it’s time for a serious discussion about whether gas should continue to play a role in the country's energy mix. Here’s why it’s time for Australia to phase out gas once and for all.

Gas contributes to climate change

Gas, like other fossil fuels, emits significant amounts of greenhouse gases when extracted, processed, and burned. These emissions contribute to global warming, which fuels extreme weather events such as bushfires, floods, and heatwaves.

For years, the gas industry has tried to rebrand itself as a "clean" energy option, calling gas "natural" and "low emission." However, this marketing is misleading.

In reality, gas is a significant source of methane leaks, a potent greenhouse gas, and the carbon emissions from gas combustion will remain in the atmosphere for decades, exacerbating climate change.

Gas is becoming more expensive

Once a cheap energy source, gas is now one of the most expensive options available to Australian households. Gas companies export the majority of the gas produced in Australia, meaning local consumers are forced to compete with global markets for access. As a result, Australians are paying higher prices on their energy bills.

The idea that new gas projects will lower energy costs is misguided. In fact, increasing gas production only deepens reliance on an industry that prioritises profit over public well-being.

Renewable energy sources like solar, wind, and battery storage have proven to be the most cost-effective means of powering Australia, and they continue to drive down prices.

Australia has enough - we don't need more

Australia already possesses enough gas resources to meet domestic demand for decades. The existing gas fields are expected to supply the country’s energy needs through to 2035 and beyond. There is no immediate need to expand gas production with new projects, such as the Middle Arm development or the Burrup Hub expansion.

Continuing to invest in new gas projects would only worsen the climate crisis and delay progress toward a clean, sustainable energy economy. It also makes little sense to build new infrastructure for an energy source that is on its way out.

Gas poses health risks while impacting budgets

The impact of gas extends beyond the environment. It is also detrimental to human health. Gas cooktops, for example, release harmful pollutants into the home, even when not in use.

Studies show that children living in homes with gas cooking have an elevated risk of developing asthma, comparable to children exposed to second-hand cigarette smoke.

On top of the health risks, gas is costly for Australian families. Switching from gas to electric appliances can save households an average of $200 annually, with potential savings of $400 per year within the next decade.

As electricity prices drop with the increasing adoption of renewables, moving away from gas could help Australians save money in the long term.

Renewables can meet Australia's energy needs

Australia’s electricity grid is already undergoing a transformation. Approximately 40% of the country’s electricity now comes from renewable sources like solar, wind, and hydro. This is double the share just six years ago, and the trend is expected to continue.

According to the Australian Energy Market Operator, large-scale renewable energy projects, supported by storage technologies like big batteries and pumped hydro, can reliably meet Australia's energy demands 24/7. This shift away from fossil fuels is not just feasible; it’s already happening.

Moving beyond gas

It’s clear that gas has outlived its usefulness in Australia’s energy mix. Continuing to invest in this polluting, expensive, and harmful energy source will only perpetuate climate change, drive up power bills, and harm public health.

Instead of doubling down on gas, Australia should embrace a future powered by renewable energy. With the technology, expertise, and natural resources available, the country can build a sustainable, affordable, and cleaner energy system that benefits both the environment and Australians' wallets. The time to move away from gas is now – for a cleaner, healthier, and more prosperous future.

Contact Compare Energy

It’s clear that Australia’s energy future lies in renewable sources, not in fossil fuels like gas. As we move towards a more sustainable and cost-effective energy system, now is the time to take action.

If you’re ready to explore how you can switch to more sustainable energy plans and lower your carbon footprint, call Compare Energy today at 1300 790 106.

Our experts are here to help you find the best renewable energy solutions that suit your needs and budget. Make the switch to cleaner, greener energy today.