|
Senate establishes inquiry into future of Australia's oil supply |
|
|
|
|
Written by Robert
|
|
Tuesday, 29 November 2005 |
MEDIA RELEASE
Tuesday, 29 November 2005
Senate establishes inquiry
into future of Australia's oil supply
The Senate today approved an
Australian Greens' proposal for an inquiry into the future of Australia's oil
supply.
Australian Greens energy and transport spokesperson Senator
Christine Milne, who initiated the proposal, said the inquiry would provide
an opportunity for thorough consideration of a crucial issue for
the nation.
"World oil supply is not keeping pace with demand, which
means the days of low petrol prices are over," Senator Milne said in
Canberra.
"This inquiry will provide an important opportunity for the
community, business and experts to participate in developing a strategic plan
for the transition towards a more sustainable future."
The Rural and
Regional Affairs and Transport References Committee will conduct the inquiry
into Australia's future oil supply, with particular reference to:
(a)
projections of oil production and demand in Australia and globally and the
implications for availability and pricing of transport fuels in
Australia;
(b) potential of new sources of oil and
alternative transport fuels to meet a significant share of Australia's fuel
demands, taking into account technological developments and environmental
and economic costs;
(c) flow-on economic and social impacts in
Australia from continuing rises in the price of transport fuel and potential
reductions in oil supply;
(d) options for reducing Australia's
transport fuel demands.
The committee is due to report by 15 June
2006.
Source - Australian Greens Media Release
|
|
Last Updated ( Tuesday, 29 November 2005 )
|
Home 
News 
