Wednesday, November 23

Australia to Set up Panel on Coal-Seam Gas

CANBERRA (MarketWatch) -- The Australian government will set up a science-based panel of experts to advise on and provide certainty for regional communities around coal seam gas and large coal mining developments and protection of water resources, Prime Minister Julia Gillard and Treasurer Wayne Swan announce Monday.
The government wants to ensure that all future decisions about coal seam gas projects and large coal mining developments are based on the most rigorous scientific evidence available, they said.
In particular, the government will provide 150 million Australian dollars (US$149.3 million) to establish an Independent Expert Scientific Committee that will provide scientific advice to governments about relevant coal seam gas and large coal mining approvals where they have significant impacts on water, they said in a joint statement.


Australian Market Watch

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