Essay by Eric Worrall
“… No amount of jobs or money can compensate for this devastating future. …”
Gas from the Beetaloo Basin will only pour fuel on the climate change fire
Published: September 7, 2026 11.31am AEST
Lily O’Neill
Senior Research Fellow, Melbourne Climate Futures, The University of MelbourneGas is now flowing from the Beetaloo Basin, a vast fossil fuel project roughly 500 kilometres southeast of Darwin in the Northern Territory.
…
The Beetaloo is producing its first round of gas amid fanfare about the amount of royalties it could bring the NT. Proponents say the basin could generate more than A$17 billion and support 13,000 jobs over the next two decades. Already, there is talk of the economic opportunities that come with cheap energy, including powering energy-hungry data centres with shale gas.
For those who have long hyped the Beetaloo’s economic potential, this is welcome news. For scientists, environmental groups and communities around Australia and the world bearing the brunt of global warming, it represents a “climate bomb”.
…
A ‘stranded asset’
In this context, a “stranded asset” is a fossil fuel project – such as a coal mine or gas pipeline – that quickly loses its value because of the global transition away from fossil fuels. Research suggests demand for liquefied natural gas will decline as early as the mid-2030s. This, combined with dubious employment benefits, means the government is highly unlikely to get a good return on its Beetaloo investments.
…
No amount of jobs or money can compensate for this devastating future. By turning on the Beetaloo tap, we risk watching the climate crisis worsen before our very eyes.
…
Read more: https://theconversation.com/gas-from-the-beetaloo-basin-will-only-pour-fuel-on-the-climate-change-fire-290535
The only “crisis” is a collapse in belief in the fake climate scare. The author claims fossil fuel is on track to become “stranded assets” by the mid 2030s, but the evidence suggests renewables are the real stranded assets. Like the vast solar farm just down the road which has pretty much been abandoned.
Outback residents lose solar farm as Ergon battles push owner to close
By Abbey Halter
ABC North West Qld
Topic:Solar Energy
PostedIn short:
The Normanton Solar Farm in the Gulf of Carpentaria can power an area almost twice the size of Tasmania.
Owner and operator Doug Scouller has turned off the farm after eight years, citing soured contract negotiations with Ergon Energy.
What’s next?
Ergon Energy says it is willing to speak with Mr Scouller should he contact them.
An outback solar farm has officially switched off its panels after the owner said a failed agreement with Ergon Energy forced his hand to pull the plug.
For eight years, Doug Scouller’s Normanton Solar Farm has kept residential and business lights on across an area almost twice the size of Tasmania.
But his dream of using the region’s abundant sunlight to power his remote Gulf of Carpentaria community has been extinguished.
Mr Scouller said the most recent power purchasing agreement (PPA) offered by Ergon Energy was “completely commercially unviable”.
…
Read more: https://www.abc.net.au/news/2025-10-03/normanton-solar-farm-turns-off-after-ergon-energy-negotiations/105843958
Who needs unreliable solar when you have reliable gas?
Demand destruction simply isn’t happening on anything like the scale greens predicted – if anything, the opposite is the case. With AI driving demand through the roof, and renewables failing to even cater for existing demand, in my opinion there is no evidence that new gas field will lose its value by the mid 2030s.
