CCE 10.3% 4.3¢ carnegie clean energy limited

"The Chief Minister is also under intense pressure from...

  1. 11,120 Posts.
    lightbulb Created with Sketch. 108
    "The Chief Minister is also under intense pressure from engineering and service businesses to allow fracking to resume in order to kickstart a flagging economy once his government's fracking inquiry reports in March."

    http://www.abc.net.au/news/2018-01-...erine-tourism-operators-fear-business/9346996

    I wonder what Territorians would prefer:

    Allow fracking for natural gas that could impact on their tourism industry forever?

    Or:

    Support the creation of a new industry with a much smaller environmental foot print, built around renewable energy, vanadium mining and processing, VRB technology and microgrid technology?

    "Janette Crowhurst, whose Katherine engineering firm had five years' worth of contracts from the gas industry before the moratorium, thinks it is time for the community to accept the inquiry's findings the risks of fracking were mostly low."

    The risks being "mostly low" wouldn't fill me with confidence, it suggests that in some cases it will be high.  

    What if the case where it is high happens to be near a world class tourist destination like Katherine Gorge?

    It would be too easy for the Minister to take the easy way out and just lift the moratorium but the price they would pay for getting it wrong is unacceptably high IMO.

    If it is jobs they are interested in, many more would be created by a new RE technology industry, now and into the future.  

    Can the gas industry give the same assurances?
 
watchlist Created with Sketch. Add CCE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.