Tell it to rack off. The AFR gas lobbyist.

Japanese energy groups have returned to one of their hobby horses: questioning the reliability of Australian LNG exporters.

In a feisty speech to the Future Energy Forum in Perth this week, a senior executive from power giant JERA warned that Australian companies’ preferred supplier status was at risk because of prohibitive environmental regulation and rising costs.

“The clock is ticking, and inaction could potentially cost Australia thousands of jobs, billions of dollars in lost revenue and weaken regional trade partnerships,” JERA senior vice president Hitoshi Nishizawa told industry leaders and government partners at the forum.

In the current set up of Australian gas exports on the east coast, multinational gas corporations sell Aussie gas to Asian countries without limit, consideration for the local market, or taxation (beyond paltry royalties in QLD).

By doing so, they have crashed Australian living standards as energy prices skyrocket for households and business, as well as hollowed out Australia’s industrial base to the point where it is on par with Luxembourg.

It has also all-but destroyed rationality and science in energy policymaking and played a key roll in the fall of five prime ministers.

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Now, we may inhale on the poisonous halitosis of this bloated Japanese gasoline Godzilla and fear about it failing to speculate.

Or, we may add up the invoice for the injury it has already carried out, which is FAR larger, and blithely push the fats, lumbering windbag into the ocean.

Satirically, the connection between the Japanese gasoline Godzilla and Australia can be much better if we simply bought on with doing the latter. The east coast gasoline disaster just isn’t going away. Certainly it’ll worsen till fastened.

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It might clear the decks for an east coast financial restoration whereas northern and western tasks may very well be sanctioned for export. The perpetual risk of a gasoline disaster for each Australia and Japan can be eradicated.

However neither Godzilla nor his fearful Canberran victims seem unable to man-up sufficient to barter in good religion.