Select committee inquiry into gas supply crisis to report 25 February
MEDIA RELEASE – 6 November 2014
The Greens NSW mining spokesperson Jeremy Buckingham today welcomed the establishment of a select committee into gas supply and price in NSW, saying the issue was of huge consequence to consumers, manufacturing, agriculture and the environment, and would likely reveal that the crisis was artificial in nature, created by the pursuit of coal seam gas for export as LNG from Queensland.
The inquiry will be chaired by The Hon. Robert Borsak with Mr Buckingham as Deputy Chair. It will report by 25 February 2015.
“A tripling of wholesale gas price on the east coast, as well as the inability to sign long-term supply contracts will have huge knock on effects for consumers and manufacturing, but state and federal governments have had their head in the sand hoping that the same market that has created the crisis will somehow magically fix it too,” said Greens MP Jeremy Buckingham.
“Governments have a responsibility to act in the national interest and address market failures, and I hope this inquiry and its eventual recommendations will provide the foundation for governments to stand up to some very large corporate interests.
“I have been warning of this gas supply crisis for two years so I am pleased to see the NSW Parliament now taking the issue seriously,” he said.
Contact: Max Phillips – 9230 2202 or 0419 444 916
Terms of Reference
- Mr Brown to move—
- That this House notes ongoing concerns regarding the availability and cost of gas supply in New South Wales.
- That a select committee be established to inquire into and report on gas supply, cost and availability in New South Wales, and in particular:
(a) the factors affecting the supply, demand and cost of natural gas in New South Wales,
(b) the impact of tight supply and increasing cost of natural gas on New South Wales
consumers, including manufacturing, agriculture, energy production, small business,
public services and household consumers,
(c) the commercial conduct of gas producers and the operation of the international and
domestic gas markets,
(d) the adequacy of Commonwealth and State cooperation in gas market regulation,
(e) the possible regulatory responses to protect New South Wales gas consumers from
adverse market fluctuations and failures, and
(f) any other related matter.
- That, notwithstanding anything to the contrary in the standing orders, the committee consist of seven members comprising:
(a) three Government members,
(b) two Opposition members, and
(c) two crossbench members, being Mr Borsak and Mr Buckingham.
- That the Chair of the committee be Mr Borsak and the Deputy Chair be Mr Buckingham.
- That, notwithstanding anything to the contrary in the standing orders, at any meeting of the
committee, any four members of the committee will constitute a quorum.
- That a committee member who is unable to attend a deliberative meeting in person may
participate by electronic communication and may move any motion and be counted for the
purpose of any quorum or division, provided that:
(a) the Chair is present in the meeting room,
(b) all members are able to speak and hear each other at all times, and
(c) members may not participate by electronic communication in a meeting to consider a
- That the committee report by 25 February 2015.
(Notice given 4 November 2014—expires Notice Paper No. 32)