Australia's
Victoria state bans coal seam gas "fracking"
Australia's
southeastern state of Victoria on Friday put a hold on hydraulic
fracturing, a technique used to produce hard-to-reach gas deposits,
and a halt on new coal seam gas exploration licenses.
24
August, 2012
The
moratorium would remain until a national regulatory framework for
regulating coal seam gas and hydraulic fracturing was put in place by
Australia's federal government, state energy and resources minister
Michael O'Brien said in a statement.
The
move makes Victoria the latest of several countries and states
globally, including Australia's New South Wales state, to ban
fracking due to environmental concerns. Britain and China recently
opened the door to the mining technique.
Hydraulic
fracturing, also known as "fracking," is a process in which
pressurized water, chemicals and sand are pumped underground to
release gas trapped in rock formations, and has been opposed by
landowners and environmentalists who say the process can pollute
water supplies.
Australia
has a booming coal seam gas industry with around $50 billion worth of
projects underway in the country's northeastern Queensland state, but
exploration for coal seam gas is in the very early stages in
Victoria, and the state currently has no coal seam gas production.
This comment has been removed by the author.
ReplyDelete