# Australia's LNG Boom Has Limits

Page: https://stenobird.com/podcast/brisbane-news-today-2-min-news-the-daily-news-now-7581033/australia-s-lng-boom-has-limits
Text version: https://stenobird.com/podcast/brisbane-news-today-2-min-news-the-daily-news-now-7581033/australia-s-lng-boom-has-limits.md
Podcast: [Brisbane News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/brisbane-news-today-2-min-news-the-daily-news-now-7581033)
Published: 2026-05-31T19:17:24+00:00
Episode link: https://api.fastcast.ai/audio/b6517c19-e46e-40d3-9ee7-fadbf15d6705.mp3
Audio file: https://api.fastcast.ai/audio/b6517c19-e46e-40d3-9ee7-fadbf15d6705.mp3
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Duration seconds: 104

## Resource

Australia’s LNG boom, which made it the world’s top exporter just six years ago, is now hitting a wall. While global demand and high prices still support the sector, buyers are shifting away from expensive imports, and exports peaked in 2022 before falling — a trend unlikely to reverse. Worth $60 billion last year, LNG is second only to iron ore, but its long-term future is uncertain. Exporting gas fuels climate change, worsens droughts and floods, and ultimately hurts the economy. The time to plan for life after LNG is now — how to maximize today’s gains and what industries will replace it tomorrow. A key fix? Reforming the weak federal gas tax to capture revenue from offshore projects and reinvest it in Queensland’s future — in renewables, minerals processing, and more. LNG powered the last boom; it won’t power the next. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/d9d00eb78b525cee

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