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Australian Mining Exploration Sector, Australian Regulation
Government plans to regulate the capture and burial of carbon emissions under Australian seabeds, in a bid to clean up the country’s coal industry, should be designed in a way that doesn’t jeopardize existing investment in Australia’s offshore petroleum reserves, a Parliamentary committee said Friday.
Australia’s Plans Natural Gas Exploration, Booming $15billion a Year LNG Export Industry
THE rapid multi-billion-dollar expansion of Australia’s second-biggest commodity export, liquefied natural gas, could stall if new investors are forced to comply with an emissions trading scheme from 2010.
The warning comes as major emitters continue to lobby for a regulated and cautious start to emissions trading in Australia, saying the credibility of the scheme could be [...]
