Questions raised over Australia's long-term energy security

While Energy Minister Chris Bowen maintains that national reserves are stable, critics and analysts warn that Australia’s decade-long failure to meet international stockpile obligations leaves the country vulnerable to prolonged geopolitical shocks.

Australia has much less fuel in reserves than many other nations. George Chan/Getty Images Source: Getty / George Chan/Getty Images

Key Points

• The Federal Government has authorised a temporary 60-day easing of sulphur standards to inject high-sulphur petrol into regional communities facing critical fuel shortages.
• Up to 762 million litres of petrol and diesel will be released from domestic reserves
• Experts say the situation highlights the need to diversify energy sources, including expanding the use of electric vehicles, to reduce reliance on imported oil.

Pakinggan ang Podcast

Mga eksperto nagbababala sa estado ng pangmatagalang energy security ng Australia

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