ARH 0.00% 0.5¢ australasian resources limited

waiting wanting, page-7

  1. 350 Posts.
    Looks like he took his back peddled and took his foot out of his mouth...........hope he is nicer to Chinese investors if ARH is to progress a transaction soonish.......

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    Palmer clarifies his CSG concerns August 29, 2011 - 5:01PM

    Mining magnate Clive Palmer has clarified his recent comments about coal seam gas (CSG), saying he does support its development, in a safe and responsible way.

    Mr Palmer on the weekend said overseas CSG companies were concerned the workforce in Australia was not well trained.

    He also said the fledgling industry risked contaminating the water table if it wasn't operated correctly.

    Premier Anna Bligh said it was obvious a coalminer would be critical of another energy industry.

    But CSG industry representatives reacted angrily to the comments.

    Mr Palmer today issued a statement to clarify his comments, saying a properly regulated CSG industry was "one of the keys to securing Australia's energy future", and thousands of jobs.

    "Let me be clear, I do support the CSG industry," he said.

    "It is good for this country, and particularly good for Queensland.

    "However, the Queensland government and participating mining companies must commit to the best technologies and practices to ensure there is no risk to the environment or human health.

    "I have no doubt the majority of CSG operators will be responsible in this space.

    "The government needs to ensure there are clear safety and environmental plans in place."


    Read more: http://www.smh.com.au/environment/palmer-clarifies-his-csg-concerns-20110829-1ji2o.html#ixzz1WOwKyI9V
 
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