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 CSG overhaul threatens miners 

CSG overhaul threatens miners

17 Feb, 2012 09:13 AM
A PLAN to prioritise environmental assessments of coal and coal seam gas projects in parts of Queensland and NSW could hurt Santos, Arrow Energy, BHP Billiton and Shenhua.

Prime Minister Julia Gillard phoned premiers this week and urged them to sign up to a new approvals process for coal and CSG projects and for measuring their impact on a region's water resources, The Australian Financial Review reports.

The NSW Minister for Resources and Energy, Chris Hartcher, said NSW had concerns about the plan.

"We would not support any approach that would create delay, duplication or uncertainty in our planning approval process," he said.

Queensland this week became the first state to back the environmental assessments which the federal government promised as part of a deal to introduce the resource rent tax last November with independent MPs Tony Windsor and Rob Oakeshott.

In exchange for its support, the Queensland government will receive a one-off payment of $18 million from the federal government, from $50 million allocated to encourage the states to sign up.

Mr Windsor said he was pleased the committee had prioritised the region around his electorate, which includes the Liverpool Plains in NSW, where BHP Billiton and Shenhua have clashed with farmers as they explore for coal and Santos prospects for CSG.

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The Galilee Basin in central Queensland should be a priority area. It is now entirely covered with exploration permits for coal and gas and targeted for at least five of the biggest coal mines in the world along or within the Belyando River which carries floodwaters into the Great Barrier Reef via the Burdekin River.

Comprehensive independent cost/benefit asessments at the river basin and bioregion scales are needed to determine if this type of marginal development is in the public interest as required in the Queensland Mineral Resources Act.

Posted by PJ, 17/02/2012 10:04:42 PM
Given enormous profits attributed to mining/CSG projects, surely companies must properly rectify adverse impacts on the environment & landholders?

Of CRUCIAL importance is the comprehensiveness & accuracy of proposed "independent scientific advice on CSG & coal mining"

EEMAG's evidence is mining Co's/Govt cannot be TRUSTED to require "independent" assessments to give full, frank & fearless advice

Potentially affected landholders & their OWN experts MUST be fully included/empowered in this "independent" assessment so the findings can be TRUSTED

Posted by Heather, 19/02/2012 9:42:33 AM

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