b'Canberra observed Figure 2.Fossil fuel support from the G20-IEA estimates from 51 economies. Source: https://www.oecd.org/fossil-fuels/The ten areas are: Energy and Total Energies for area G-7-APmore coal and gas regardless of the over GHG21-1 in the Bonaparte Basin,greenhouse gas emissionsBonaparte Basin | Vulcan Sub-Basinand for Woodside Energy for area G-8-AP AC22-1 over GHG21-3 in the Browse Basin Mineral exploration investment Browse Basin | Caswell Sub-Basin AC22- continues to grow2 and W 22-2 Minister King soon expects to finalise Bonaparte Basin | Malita Graben NT22- the awards for all five new offshoreThe Australian Bureau of Statistics 1 and W22-1 greenhouse gas storage permits underreleased the exploration investment Browse Basin | Barcoo Sub-Basin W22-3 the 2021 offshore Greenhouse Gasresults for the June 2022 quarter in August Northern Carnarvon Basin | DampierStorage Acreage Release She said that2022 (https://wwwabsgovau/statistics/Sub-Basin W22-4 and W22-5 she would announce the release of aindustry/mining/mineral-and-petroleum-Northern Carnarvon Basin | Exmouth2022 offshore greenhouse gas storageexploration-australia/latest-release)Sub-Basin W22-6 acreage later this yearGippsland Basin | Basin V22-1 The new data have been incorporated into What financial arrangements are in placeFigure 3 Essentially the minerals industry The increase in the oil price to aboutand how the success of each project willis just powering ahead, and the petroleum $US100/bl because of the war in Ukrainebe judged are not clear, but it wouldsector seems to be in the doldrumsis obviously a driver for these policies Webe encouraging if at least one of these note that Woodside Energy had a profitprojects was successful The original series shows how strong the of $237 billion (B) in the last year Andtrends are:that it sponsored the Midwinter Ball thisIn the meantime, the Greens, Senator year in the Parliament Money talks Pocock and the Teals will be pushingTotal investment rose by $1983 million the Albanese government to prevent(M) to $10536M;Five areas for carbon capture andany new coal mines or any expansion ofInvestment in existing deposits rose by current mines Once again money talks $1457M to $7407M andstorage to be approved In new deposits it rose by $526M to The market capital of Yancoal on the$3129MIn August 2022, Minister for ResourcesASX has risen from $31B in September and Northern Australia Madeleine King2021 to $91B in September 2022 andIron ore recorded the largest rise, up announced that greenhouse gas storageWhitehavens from $29B to $84B over$615M to $2010M However, gold at permits have been awarded to two areasthe same period $420M still dominates and coal is in third offshore of the Northern Territory andplace at $61MWestern Australia (https://wwwindustry It will be interesting to see how the govau/data-and-publications/2021- Government handles the emissionPetroleum in the doldrumsoffshore-greenhouse-gas-storage- targets On the one hand we have a acreage-release) The permits are for alegislated target, and on the other thereMeanwhile, the petroleum sector was joint venture between INPEX, Woodsideis commercial pressure to producevery disappointing Total expenditure, 25 PREVIEW OCTOBER 2022'