The Australian government has issued new offshore gas exploration permits for the country’s east and west coasts to tackle a looming supply shortage, Reuters has reported, noting Australia’s accelerated shift away from coal in power generation. “As aging coal generation comes offline in coming years, gas will continue to be needed to firm renewable energy generation and as a backup during peak energy use periods,” the country’s resource minister, Madeleine King, said in a statement, as quoted by Reuters. In a…
