A peak oil and gas lobby group has asked the federal government for more tax incentives for the industry in the next federal budget amid calls from conservation groups to abolish fossil fuel subsidies. The Australian Petroleum Production and Exploration Association (APPEA), which represents the interests of the oil and gas industry, wants the Australian government to provide more support for controversial technologies that capture, store and use carbon by modifying the Offshore Petroleum and Greenhouse Gas Storage Act. In a budget submission on Jan. 31, the organisation said that the support would help the oil and gas industry decarbonise and reduce emissions. “Australia and its government have a massive, once-in-a-generation opportunity to make policy decisions to provide foundations for the future growth of our economy,” APPEA chief executive Andrew McConville said. The APPEA has called for several changes, including but not limited to making salary and wages immediately deductible, increasing incentives …