Analysis Challenges Woodside's Browse Project Job Creation Claims
Climate Integrity, a not-for-profit research group, published an analysis claiming that a Deloitte report commissioned by oil-and-gas company Woodside significantly overstated the economic benefits of its Browse to North West Shelf gas project, particularly regarding job creation figures. The analysis found that while Woodside claimed the project would create nearly 4,800 jobs, the actual average over the project's 47-year lifespan would be approximately 1,388 net jobs, with the higher figure representing only a single peak year. The dispute matters because the government is currently deciding on environmental approvals for the project, and the competing claims about economic benefits are central to the policy decision.
Climate Integrity released an analysis on Thursday challenging the economic projections in a Deloitte report commissioned by Woodside to assess the Browse to North West Shelf gas project. The not-for-profit organization accused Deloitte of inflating job creation figures by cherry-picking data and ignoring job losses in other sectors. According to Climate Integrity's analysis, the Deloitte report showed the project would cannibalize an average of 1,760 manufacturing jobs and 458 agricultural jobs as workers transitioned to gas industry employment. Climate Integrity also criticized the report for assuming stable gas prices over four decades despite warnings from the Intergovernmental Panel on Climate Change and International Energy Agency that gas demand must decline significantly by 2050, and that Asian gas prices would fall by more than half by 2035. The organization further argued that the Deloitte analysis excluded climate, biodiversity, and environmental costs that could be three times greater than the claimed economic benefits. Woodside defended the report as an independent third-party assessment showing the project would strengthen Australia's energy security and deliver long-term economic benefits, while noting the modelling represents plausible scenarios rather than forecasts.
What's missing
The article does not include Deloitte's response to Climate Integrity's specific criticisms, as the article notes Deloitte was contacted for comment but the response was not included (article text appears cut off). Additionally, no independent verification of Climate Integrity's own methodological assumptions or potential limitations in their counter-analysis is provided.
What different sources said
- Sydney Morning HeraldCenter
A Woodside report promised thousands of Browse jobs. New analysis tells another story
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