1 00:00:00,320 --> 00:00:03,040 Speaker 1: Heather do to see Allen and jeez, that old Allen 2 00:00:03,120 --> 00:00:06,160 Speaker 1: g terminal idea didn't didn't last very long, did it? 3 00:00:06,480 --> 00:00:09,320 Speaker 1: Seven weeks? That's it, from the minute they announced it 4 00:00:09,360 --> 00:00:11,719 Speaker 1: on the ninth of February to the first knife they 5 00:00:11,800 --> 00:00:15,080 Speaker 1: stuck in it today, seven weeks to the day. Now, 6 00:00:15,120 --> 00:00:17,759 Speaker 1: before you come at me arguing that the LNG terminal 7 00:00:17,800 --> 00:00:20,760 Speaker 1: hasn't been killed, yes it has. It is dead. The 8 00:00:20,760 --> 00:00:23,919 Speaker 1: Herald report this morning that multiple ministers are privately admitting 9 00:00:23,920 --> 00:00:25,959 Speaker 1: that they may have to kill the project did not 10 00:00:26,160 --> 00:00:29,720 Speaker 1: happen by accident. This is one oh one of how 11 00:00:29,760 --> 00:00:32,800 Speaker 1: you start killing off an idea in politics. You start slowly, 12 00:00:33,040 --> 00:00:35,080 Speaker 1: and by the time you get around to actually killing it, 13 00:00:35,080 --> 00:00:38,000 Speaker 1: in about let's say three months, two or three months, 14 00:00:38,080 --> 00:00:41,120 Speaker 1: people have got around, got used to that idea. And 15 00:00:41,159 --> 00:00:43,000 Speaker 1: then the morning, the fact that the Prime Minister was 16 00:00:43,040 --> 00:00:46,080 Speaker 1: on this morning talking to Mike and not sounding super enthusiastic, 17 00:00:46,120 --> 00:00:49,560 Speaker 1: I think should have backed up that suspicion. I mean, 18 00:00:49,800 --> 00:00:51,400 Speaker 1: you could say, if you could pick me up on 19 00:00:51,440 --> 00:00:53,640 Speaker 1: anything here, it's that it's not one hundred percent dead. 20 00:00:53,960 --> 00:00:56,400 Speaker 1: There's always a chance something changes and it slips through. 21 00:00:56,400 --> 00:00:58,120 Speaker 1: But I say the chances of death. I'd put that 22 00:00:58,160 --> 00:01:00,760 Speaker 1: at around about eighty to ninety percent today. And it's 23 00:01:00,800 --> 00:01:02,680 Speaker 1: not for the reasons by the way that we're being told, 24 00:01:02,680 --> 00:01:04,760 Speaker 1: which are that gas prices are too high because of 25 00:01:04,760 --> 00:01:08,800 Speaker 1: Operation Epic Fury. We already knew seven weeks ago that 26 00:01:08,840 --> 00:01:11,400 Speaker 1: an LNG terminal would be at the mercy of international 27 00:01:11,440 --> 00:01:13,959 Speaker 1: gas prices. That was one of the main warnings about 28 00:01:13,959 --> 00:01:17,039 Speaker 1: the thing. Currently, we paid domestic gas prices. A minute 29 00:01:17,080 --> 00:01:20,320 Speaker 1: you start importing it, you're paying international prices. The real 30 00:01:20,440 --> 00:01:23,000 Speaker 1: reason that this is being cut is because it was 31 00:01:23,120 --> 00:01:25,360 Speaker 1: never a good idea, and I think they had to 32 00:01:25,400 --> 00:01:27,880 Speaker 1: run it out to really realize how many people think 33 00:01:27,880 --> 00:01:30,720 Speaker 1: it's a bad idea. One billion dollars for what is 34 00:01:30,840 --> 00:01:32,720 Speaker 1: essentially a short term fix is a hell of a 35 00:01:32,760 --> 00:01:34,959 Speaker 1: lot of money, and that's assuming by the way that 36 00:01:35,040 --> 00:01:36,880 Speaker 1: it is built to the quote, it might cost a 37 00:01:36,920 --> 00:01:38,600 Speaker 1: lot more than a billion dollars if we know what 38 00:01:38,640 --> 00:01:41,200 Speaker 1: infrastructure projects in this country do. And it is a 39 00:01:41,240 --> 00:01:45,200 Speaker 1: short term fix because unless we suddenly strike a massive 40 00:01:45,280 --> 00:01:48,520 Speaker 1: gas find in the next few months, this country is 41 00:01:48,680 --> 00:01:52,040 Speaker 1: going to have to wean itself off gas. You are 42 00:01:52,080 --> 00:01:54,200 Speaker 1: going to have to stop using gas. You're going to 43 00:01:54,280 --> 00:01:56,720 Speaker 1: have to start using something else. I don't know what 44 00:01:56,760 --> 00:01:59,320 Speaker 1: it is, but probably electricity in your house, and industrial 45 00:01:59,320 --> 00:02:02,800 Speaker 1: and commercial use something else altogether. Storing gas in a 46 00:02:02,920 --> 00:02:05,720 Speaker 1: terminal was only ever going to be for that transition 47 00:02:06,040 --> 00:02:08,200 Speaker 1: while we wind ourselves off. That's a lot of money 48 00:02:08,200 --> 00:02:11,080 Speaker 1: to pay for transition, plus forcing us to pay for 49 00:02:11,120 --> 00:02:14,520 Speaker 1: it with an LNG levy was political toxin in a 50 00:02:14,560 --> 00:02:17,320 Speaker 1: cost of living crisis. So it's double political toxin and 51 00:02:17,360 --> 00:02:20,040 Speaker 1: a cost of living crisis that just got supercharged by 52 00:02:20,080 --> 00:02:23,200 Speaker 1: a war in Iran. So consider this one, I would 53 00:02:23,240 --> 00:02:26,120 Speaker 1: say already dead because it was never a good idea. 54 00:02:26,880 --> 00:02:30,080 Speaker 1: For more from Heather Duplessy Allen Drive, Listen live to 55 00:02:30,160 --> 00:02:33,200 Speaker 1: News Talk sa'd be from four pm weekdays, or follow 56 00:02:33,240 --> 00:02:35,000 Speaker 1: the podcast on iHeartRadio