Former resources minister blasts NT Labor fracking policy

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18 July 19, 4:02pm The @IEA highlights the vital contribution #natgas is playing to reduce global emissions, particularly in #Asian na… https://t.co/WQIIxym3Lf
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15 July 19, 2:37pm The #oilandgas sector says the #WA Government’s implementation plan for the independent hydraulic fracturing inquir… https://t.co/4QTwMVKalH
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11 July 19, 2:02pm Australia’s #oilandgas industry welcomes another new domestic #natgas supply agreement to support manufacturing.… https://t.co/vzqk4rcMqS
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11 July 19, 9:43am Watch @APPEALtd chief executive Andrew McConville discuss #natgas policy on @abcnews The Business program with… https://t.co/HEICWC0Qpt
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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.