Former resources minister blasts NT Labor fracking policy

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21 September 18, 12:43pm The oil and #gas industry today welcomed the release of Resources 2030 Task Force report by @mattjcan, highlighting… https://t.co/gRdRW3jhP6
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20 September 18, 2:21pm Anti-development activists ignore the fact #natgas is essential for secure electricity and for making products ever… https://t.co/dtOyAZudSe
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19 September 18, 6:55pm NT Chief Minister @fanniebay says the Northern Territory will be a worldclass #gas hub by 2030 @Gas4NT #ntpol… https://t.co/szOQwMgsuS
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19 September 18, 6:46pm 'Go north' is the strong growth message from NT Chief Minister @fanniebay at the Facing North event at Parliament H… https://t.co/4tdjtCN2KQ
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by APPEALtd

If it wins government, NT Labor’s gas policy would harm the economy, says former Australian Resources and Energy Minister Martin Ferguson.

The moratorium has been proposed despite an exhaustive inquiry into fracking in the Northern Territory by former senior public servant Dr Allan Hawke, who determined the environmental risks can be managed effectively, while recommending regulatory changes.

“If Labor wins the territory election in August – and sticks with this bad policy – it will inflict real economic harm for no environmental gain,” Mr Ferguson told the Australian Domestic Gas Outlook conference in Sydney.

Read more: http://www.smh.com.au/…/former-resources-minister-martin-fe…

Mr Ferguson is Chair of the APPEA Advisory Board. He is a former federal Minister for Resources and Energy, and a former President of the Australian Council of Trade Unions.