THE state government has warned of gas shortages emerging in NSW within the next two years as it puts its weight behind coal seam gas to head off any supply disruptions.
Large numbers of Nationals and Liberal Party MPs are opposed to allowing the widespread use of coal seam gas due to environmental concerns, especially over the likely impact on aquifers in farming areas.
In its submission to the federal government’s draft white paper on energy, the state government has warned gas could begin to run short in NSW from as soon as 2014, as long-term supply contracts from the Cooper Basin in central Australia begin to expire.
At the same time, oil and gas reserves in the Bass Strait,are running out, which will place further pressure on NSW to find additional sources of gas.
The warnings come as the power industry is moving to use gas to replace coal as its preferred source of energy to generate electricity as a result of the carbon tax which is to begin from midyear and may make it uneconomic to use coal.
god, your ausies seem determend to commit suiside. what the hells going on????????
History of Green/Left government but the pendulum has begun swinging back and is picking up speed
Thats right, people like me living in other parts of the world watch Ozz and we really shake out collective heads. What the hell is going on?
It looks to me like a small number of people living in the cities are controlling the whole country, making everyone else dance to their particular tune. Why do you put up with this?
Actually the farm lobby is very active protesting against CSM (coal seam gas) extraction and fracking. Of course, they have no incentive to favor it since in Australia mineral rights belong to the Crown rather than the landholder and are leased separately. All graziers get is access roads over what was grazing land and potential problems with water.