For natural gas, that means pipelines. For Australia, that means building a national natural gas pipeline network. For Australian exports of natural gas, that means building pipelines stretching northward to China, Japan and South Korea.
As this is done, fiber optic cables and high-capacity power lines could be laid alongside, compounding the benefits.
The end result is a Pan-Asian Energy Infrastructure that could serve both Australia and Asia well into the 21st Century. We've seen this movie before. And it ended well. It was called the Internet Revolution. We've all gained from it. It's now the energy industry's turn.
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About the Author
Stewart Taggart is principal of Grenatec, a
non-profit research organizing studying the viability of a Pan-Asian Energy
Infrastructure. A former journalist, he is co-founder of the DESERTEC
Foundation, which advocates a similar network to bring North African solar
energy to Europe.