Global Mining Investing $69.95, 2 Volume e-Book Set. Buy here.
Author, Andrew Sheldon

Global Mining Investing is a reference eBook to teach investors how to think and act as investors with a underlying theme of managing risk. The book touches on a huge amount of content which heavily relies on knowledge that can only be obtained through experience...The text was engaging, as I knew the valuable outcome was to be a better thinker and investor.

While some books (such as Coulson’s An Insider’s Guide to the Mining Sector) focus on one particular commodity this book (Global Mining Investing) attempts (and does well) to cover all types of mining and commodities.

Global Mining Investing - see store

Click here for the Book Review Visit Mining Stocks

Download Table of Contents and Foreword

Critical Media Group - Ideas that make you think

Wednesday, August 22, 2012

Coal seam gas extraction puts environment at risk - Green Party Media Release

Green Party of Aotearoa NZ
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Coal seam gas extraction puts environment at risk

"A massive expansion of Coal Seam Gas (CSG) extraction putting our environment and clean green brand at risk is not the solution to the Government's economic woes," said Gareth Hughes Green Party energy spokesperson.

CSG permits covering 13,640 sq km have been granted in the last two years with a further 9049 sq km awaiting approval. CSG is extracted through wells drilled into coal seams. The initial phase of CSG production usually involves the extraction of water from the coal seams in order to reduce the water pressure and release gas from the coal. Environmental problems associated with CSG include direct pollution as well as lowering of ground water levels which impact on other users.

"Drew Hutton the President of the Australian Lock the Gates Alliance is in New Zealand speaking about the risk to our farmland, water and health from drilling and fracking for coal seam gas.

"If we don't learn from the Australian experience we risk damage to the agricultural sector which is dependent on clean water.

"There are numerous examples of Australian CSG projects causing leaks, blow outs and other incidences of environmental pollution.

"We need to take a precautionary approach to CSG and not put our environment and agricultural sector at risk.

"This Government's economic agenda is focused on dirty extractive industries. Coupled with the downgrading of the 100% pure branding, to a sub brand in their Building Export Markets document, highlights the Government's economic strategy of attacking our environment not building upon it.

Related links

Australian Example: Santos CSG plant polluted water spill
Australian Example: Arrow Energy Well Blowout
Australian Example: Drilling fluid in Condamine River
Australian Example: Leaking wells pose fire risk
Figures for permits calculated from the NZPAM website
Locking the gates to fracking

Subjects: Energy, Environment



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