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Australian Federal Government to Prevent Fracking Around the Great Barrier Reef

By James Burgess | Thu, 25 April 2013 21:46 | 2

In February, the conservative state government of Queensland lifted a ban on shale oil exploration and production along its coast, enabling companies to begin assessing the potential there, in the search for starting a shale boom equal to the one in the US.

Queensland Energy Resources, one of the companies with mining rights in the area, has still to make a decision as to whether it will begin extracting the estimated 8 billion barrels of recoverable oil that is contained in its land; out of a total 22 billion barrels for the entire state.

The Australian Green party has attacked the decision to allow fracking to occur in Queensland, claiming it is the equivalent of “environmental vandalism”, but state premier Campbell Newman has said that the jobs and income the new industry would bring are worth the risk to the environment. “I do accept the criticism about energy intensiveness, but at the end of the day we are running out of oil.”

Related article: Statoil Eyes “Considerable” North Sea Discovery

Thankfully, due to pressure over the environmental impact of the growing oil and gas industry along the Queensland coastline, mining shale oil from underneath the Great Barrier Reef is likely to be banned by the country’s federal government.

The federal environment minister, Tony Burke, has explained that some of the shale deposits do indeed lie near to, or underneath, the Great Barrier Reef world heritage site, which means that these deposits cannot be touched, under the principles of the world heritage committee. “World heritage principles on mineral extraction are absolutely clear. You can't extract minerals or oil from underneath the Great Barrier Reef. Simple as that.”

By. James Burgess of Oilprice.com

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  • Martin Burt on May 30 2013 said:
    Surely, the powers that be, the mob that excel in life through their insatiable greed, can find resources in less fragile environments. Is there not enough research achieved to appease the so called highly educated or enough space on this planet to search out required resources in less vulnerable sites. I'm not a greenie but I am so tired of hearing on a weekly basis how Australia has yet again sold another portion of its soul to look good for a foreign entity. Yes we need to keep competitive and uphold our interest in remaining a viable, self sustainable country, it just seems we have forgotten how to play our cards to win the important 'end game'... So Bert says according to his books some rock is impossible to fracture and that he knows, without doubt that nothing can result in the possible demise of the reef. Why gamble something that is irreversible.
  • Bert Stahr on April 26 2013 said:
    This article , if it,s correct, demonstrates the abominable ignorance of all in government and opposition and especially the enviro nazis. Let me explain. There is oil shale and there is shale oil. The two are of a vastly different composition. Queenslands shale hydrocarbon deposits are oil shales. These are impossible to fracture and even if they did the result would be zero oil . I suggest that those who don't understand the difference should attain a tad o fknowledge before they spruik their stupidity.

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