Slugcatcher and the art of regulation

IN what must be a world first there is a US v Australian drag-race developing in the “sport” of government regulation of the LNG industry, and unless Slugcatcher is mistaken the US is already a country mile in front.

Slugcatcher and the art of regulation Slugcatcher and the art of regulation Slugcatcher and the art of regulation Slugcatcher and the art of regulation Slugcatcher and the art of regulation
The US lead could be seen last week when the Federal Energy Regulatory Commission issued a fresh set of guidelines designed to speed up the LNG project development approvals process.
 
Australia, at roughly the same time, was showing signs of becoming increasingly bogged down by over-regulation of its gas industry, much to the annoyance of the Santos boss Kevin Gallagher.
 
Adding to the confusion in Australia there were signs that an attempt to design a national energy policy had been abandoned with the states being left to work out their own set of rules.
 
Students of Australian history must have laughed when they heard about the disintegration of the National Energy Guarantee,  promoted ...

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