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Palmer Calls for ‘breather’ On Coal Seam Gas

Eccentric businessman Clive Palmer has referred to as for a pause on new coal seam gas developments, regardless of one in all his companies counting on the controversial form of energy for many years.

Now a political aspirant in addition to a businessman, Mr Palmer issued a statement on Wednesday urging the coal seam gas industry to slow down until extra was known about its impact on folks and the surroundings.

”Let’s take a breather,” he said. ”Lives are a lot more necessary than the extraction of coal india import crude oil from which countries seam india import crude oil from which countries gasoline.”

His feedback came after NSW chief scientist Mary O’Kane launched a report this week that mentioned it had been discovered that coal seam gas drilling could pose health and environmental challenges and more research was wanted.

Mr Palmer is working for Federal Parliament beneath the banner of the Palmer United Celebration, and his comments are prone to be a pitch to rural voters in NSW who’re concerned that Queensland’s coal seam gas growth could possibly be repeated of their regions.

”This report raises critical questions about human well being, the results on the atmosphere, water specifically, landholders’ legal rights, and business regulation and compliance,” Mr Palmer stated.

”All governments and firms concerned should put their private interests on hold and support an intensive investigation into these considerations.”

However Mr Palmer’s comments seem at odds with a few of his business performs, most notably his nickel refinery near Townsville.

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The refinery has used coal seam gas for energy since BHP Billiton owned it in about 2006, and its reliance on coal seam gasoline has increased beneath Mr Palmer’s possession.

In a press release printed in September 2012, Mr Palmer’s company introduced that a roaster on the refinery could be transformed from heavy gas oil to coal seam gas in a move said to scale back the refinery’s carbon footprint, scale back its energy prices and improve its nickel recoveries.

When asked how his call for the business to ”take a breather” sat together with his company’s use of coal seam gasoline, Mr Palmer mentioned the comparisons had been irrelevant.

”It’s to do with coal seam gasoline development; that is an already developed area,” he said.
Mr Palmer has a historical past of investing in firms with exposure to onshore oil and fuel. He sought to take management of ASX-listed Central Petroleum in 2012. He in the end bought down his stake after failing to take management earlier this yr.

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