Fuelcast: A global 'electrification moment'?

Fuelcast: A global 'electrification moment'?

From ABC Business Daily by ABC Australia

June 10, 2026 · 8 min

About this episode

The episode discusses Australia's fuel reserves and the implications for fuel security and electrification amidst an ongoing energy crisis.

Energy and Climate Minister Chris Bowen says Australia’s petrol, diesel, and jet fuel reserves are now higher than they were when the war in Iran began - and enough to keep the country secure through August. But as Transport Minister Catherine King warns, the fuel excise cut is still expected to end this month. So is what we have on hand enough? And what does that tell us about fuel security, the politics of relief, and the push for electrification - if electricity holds the answer to potential future energy shortages? Carrington Clarke and Ian Verrender help you stay on top of the numbers behind the ongoing energy crisis on Fuelcast on ABC Business Daily. Got a burning brent crude question? Send an email to Carrington and the team abcbusinessdaily@abc.net.au

People in this episode

Host: Carrington Clarke

Guest: Ian Verrender

Topics covered

  • fuel security
  • electrification
  • energy crisis
  • politics of relief
  • energy reserves

Keywords

  • fuel reserves
  • energy crisis
  • electrification
  • Chris Bowen
  • Catherine King
  • Australia
  • petrol
  • diesel
  • jet fuel

Mentioned in this episode

Organizations: ABC Business Daily, ABC Australia

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