Former resources minister blasts NT Labor fracking policy

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22 October 19, 10:27am #Natgas consumption in the Asia Pacific has nearly tripled since the turn of the century. Australia’s #LNG is help… https://t.co/596uvwJbEy
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21 October 19, 1:59pm #DYK the #natgas industry sector employs around 4600 full-time employees in #Queensland and almost $5 billion was p… https://t.co/CScpKnatbE
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16 October 19, 11:04am It was a full house at @QldMediaClub listening to the debate about the importance of #natgas to Queensland and the… https://t.co/9XoSx4YSHs
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16 October 19, 9:00am #Oilandgas industry leaders call for onshore #exploration restrictions to be removed to increase #natgas supply… https://t.co/bXtY2cy14N
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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.