The Port Kembla Energy Terminal, due for completion in 2025-26, will be capable of supplying more than 70 per cent of NSW's gas needs before turning to importing and exporting green hydrogen. Video via AAP.
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00:00 Australia needs huge investment in energy. Let's talk about if it's coal.
00:05 Heaven forbid. I wouldn't want to be a sheep or a cow if this was going to be a great big coal mine.
00:12 You know, I wouldn't want to be a farmer's child if this was going to be a nuclear reactor.
00:17 Or, I don't know if you've ever seen them, but oil and gas facilities, they take no prisoners.
00:22 There is no cohabitation, there's no niceties. They just destroy everything. The footprint of
00:29 solar, the stock running underneath it, or in particular wind, is so minuscule compared to
00:36 what we're used to paying very heavily for to pollute our children's environment, is massive.
00:42 And so while there's pretty thoughtless opposition to switching that massive investment to a smaller
00:51 investment, from oil and gas to renewables, and that massive operating cost to a smaller
00:56 operating cost from oil and gas and coal to renewables, at the end of the day the economics
01:01 will rule. And thank God it does, because our environment needs it, and the cockies
01:07 where we're involved happen to love it.