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The sad thing is just how long ago it was known. Among others:Only in Australia could the lack of government forethought – added to the intractable self-interest of gas exporters – have led to this outcome
There's a study by a former SA government-owned utility back in 1980 which noted the future gas shortage in SE Australia generally.
It's mentioned in the original 1979 planning report for the controversial and never built project in Tasmania commonly (but incorrectly) known as the Franklin Dam.
It's also in the 1977 documents in regard to Loy Yang power station (coal) in Victoria which was approved in that year.
Early-1970's negotiations between AGL, BHP and Esso failed to progress to a satisfactory conclusion primarily due to the limited nature of known gas reserves in Victoria. AGL wanted to buy gas and pipe it to Sydney but Esso considered it scarce enough that its future value would increase as a result, and the then Victorian government also wasn't at all keen albeit having no legal authority to stop it (but they could certainly make it hard.....).
Circa 1980 the then Victorian government (Liberal) had proposed to ban the use of gas for specific applications. That was to include a ban on new gas-fired power stations and swimming pool heaters, the reasoning being they had the potential to consumer very large volumes of gas and could instead easily use other fuels, thus conserving gas for more important uses.
Gough Whitlam was also on about it when he was PM.
All of that's over 40 years ago, in some cases over 50 years. Because the broad extent of reserves was known back then and it wasn't rocket science to realise they weren't adequate for the forecast consumption.
More recently, very early 2000's, the issue was raised again in the context of the official hearings into the then proposed Basslink electricity interconnection. Opponents of Basslink argued for the use of gas on both sides of Bass Strait instead, advocates of Basslink pointed out the flaw of that argument with the lack of adequate reserves.
Also more recently are a countless string of reports from AEMO, CSIRO and others government departments as well as Esso themselves regarding gas in general, the adequacy of reserves and so on.
Add that all up and for government to claim they didn't know would amount to acknowledging a mind blowing level of ignorance. All the above is in the public domain after all, the reports are literally available online for the new ones and in in assorted public libraries for the 1970's and 80's work. This isn't secret.
