The AEMO has declared fuel consumption might nearly disappear as a result of it might probably’t compete with renewables. So it’s little shock that Liveris has popped up once more.
Globetrotting billionaire and Saudi oil director Andrew Liveris is again to remind us all that fuel is nice.
This time it’s to push a code of conduct that he claims will revive the so-called “gas-led restoration” that Morrison was so eager to spruik final 12 months.
Liveris’ newest intervention comes at a crucial time for his beloved fuel trade. Rather a lot has modified since Morrison wager Australia’s future on fuel final 12 months. The temper in Canberra has shifted and a “gas-led restoration” has been broadly discredited, together with by the Australian Vitality Market Operator (AEMO).