Australia pins hopes on elusive gas panacea for climate, economy woes
(WorldNews Business)

By Sonali Paul MELBOURNE (Reuters) - Australia is working on plans for a gas-driven recovery from COVID-19 that will help the country adapt to a low-carbon future, with the conservative government tiptoeing away from its vocal support for coal. Prime Minister Scott Morrison, who once brandished a chunk of the divisive fossil fuel in parliament, has hailed cleaner burning gas as the key to cutting emissions in the transition to renewable energy. A plunge in prices for the fuel is also being touted as an opportunity to boost manufacturing, while a draft report to government on rebuilding from coronavirus put gas at the centre of its recovery plan and backed state support for the sector. The...