Offshore Petroleum and Greenhouse Gas Storage Amendment (Fight for Australia’s Coastline) Bill 2022

High-Level Summary
The Offshore Petroleum and Greenhouse Gas Storage Amendment (Fight for Australia’s Coastline) Bill 2022 proposes to amend the Offshore Petroleum and Greenhouse Gas Storage Act 2006 to prohibit petroleum exploration and exploitation in specific areas along Australia's coastline, including the Sydney Basin, King Island, and the Otway Basin. This aims to protect marine environments and coastal economies from the potential harms of offshore drilling and seismic testing.

Summary
The bill amends the Offshore Petroleum and Greenhouse Gas Storage Act 2006 to cancel existing petroleum exploration permits and prohibit future applications for exploration in the Sydney Basin (PEP11), King Island (T/49P), and the Otway Basin (V21-3). From the explanatory memo:
The bill ensures that PEP11 and King Island cease to be in force two months after Royal Assent, prohibits applications for the Otway Basin, and prevents the Joint Authority from considering or granting permits, consents, or licenses associated with these areas.
The proposed amendments include specific prohibitions against inviting or considering applications for these permits, ensuring no new exploration activities can commence in these critical areas.

Argument For
Normative Bases
  1. Environmentalism
  2. Non-Discrimination
  3. Pro-Democracy

The bill should be supported because it prioritizes the protection of marine ecosystems and coastal economies from the detrimental effects of offshore petroleum exploration, such as pollution and seismic testing, which threaten biodiversity and local fishing communities. By preventing new exploration activities, the bill aligns with the global responsibility to combat climate change and protect human rights, including the right to a healthy environment and sustainable living conditions [Judgment]. Furthermore, the bill reflects the precautionary principle, which emphasizes taking preventive action in the face of uncertainty to avoid serious or irreversible environmental harm.


Argument Against
Normative Bases
  1. Propertarianism
  2. National Prestige/Patriotism

The bill should be opposed because it may limit economic opportunities associated with offshore petroleum resources, which could contribute to national energy independence and economic growth. Restricting exploration can also negatively impact industries related to oil and gas, leading to potential job losses and economic downturns in regions that rely on these sectors [Judgment]. Moreover, the bill's prohibitions might be seen as an overreach, limiting the ability of the government and private enterprises to utilize natural resources effectively.


Date:

2022-08-04

Status:

Before Senate

Sponsor:

WHISH-WILSON, Sen Peter

Portfolio:

Unspecified

Categories:

Climate Change / Environment, Energy Policy, Discrimination / Human Rights

Timeline:
04/08/2022
09/02/2023

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