Gas is a false route to Australian energy security
(Yahoo News, Sydney, 1 November 2022) Australia is being urged to change course and end taxpayer-funded investment in fossil fuel projects. Ahead of climate talks in Cairo, campaigners are calling for the Albanese government to join a group of countries that last year pledged to end international public financing of coal, oil and gas development. Australia is one of the largest recipients of international public investment in fossil fuels, according to a report by Oil Change International and Friends of the Earth US. Public finance from Australia's export credit agency was also heavily in favour of fossil fuels, the report found. Australia is also building what could be the world's dirtiest offshore LNG project, the Barossa project, with the help of overseas public finance from South Korea and Japan