Mr BURKE - 2001-10-18
Minister, Labor in the Territory has supported federal Labor leader Kim Beazley’s promise to ratify the Kyoto Protocol. What impacts on the Territory does the minister anticipate from such a ratification?
ANSWER
I thank the member for Brennan for his question. Yes, there is going to be an affect on the Territory, especially in the oil and gas industry, and that is going to be a positive affect. The Territory, as you probably know, lacks a lot of the heavy industry that other states have. As a result, we have a very minimal discharge of greenhouse gases, only about 2% of the overall greenhouse discharges from Australia. Establishment of the industry for oil and gas in the Territory will benefit Australia and other places in the world. As you are aware, if an industry uses gas, it will cut the greenhouse gas emissions by 50%.
Mr Burke: They all emit CO2.
Mr VATSKALIS: What matters is the quantity of greenhouse gas emitted. Of course, we know if we are using fossil fuel or any other gas we make CO2. We know that, it is scientifically proven. The quantity you are emitting as an industry depends on the kind of fuel you are using. It is going be a positive effect for the Territory also, and it is going to be a positive effect, not only for Australia, but all over the world.
ANSWER
I thank the member for Brennan for his question. Yes, there is going to be an affect on the Territory, especially in the oil and gas industry, and that is going to be a positive affect. The Territory, as you probably know, lacks a lot of the heavy industry that other states have. As a result, we have a very minimal discharge of greenhouse gases, only about 2% of the overall greenhouse discharges from Australia. Establishment of the industry for oil and gas in the Territory will benefit Australia and other places in the world. As you are aware, if an industry uses gas, it will cut the greenhouse gas emissions by 50%.
Mr Burke: They all emit CO2.
Mr VATSKALIS: What matters is the quantity of greenhouse gas emitted. Of course, we know if we are using fossil fuel or any other gas we make CO2. We know that, it is scientifically proven. The quantity you are emitting as an industry depends on the kind of fuel you are using. It is going be a positive effect for the Territory also, and it is going to be a positive effect, not only for Australia, but all over the world.
Last updated: 09 Aug 2016