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Coal Seam Gas


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2010 Coal Seam Gas

RUDD AND ABBOTT WRONG ON MINING EXPANSION INTO UPPER HUNTER AND MID-NORTH COAST: OAKESHOTT

04 May 2010 - BY ignoring both Ken Henry and Ross Garnaut on mining exploration and a Carbon Pollution Reduction Scheme, the Government and the Opposition have shown themselves to be "Kings with no robes", incapable of decision-making in community interests rather than vested interests, Independent MP for Lyne Robert Oakeshott said today.

“The Prime Minister has said mining activity would be expanded by 5.5% as a result of the tax changes announced on Sunday in response to the Henry tax review,” Mr Oakeshott said.

“It is just plain wrong to read the rent tax that replaces eight state royalties as an impost that will shut down mining businesses.

“By introducing a Resource Exploration Rebate and therefore ignoring Ken Henry‟s explicit recommendation against providing concessions to encourage mining exploration, the Government has given the mining industry a win big-time.

“And at the same time, in his first press conference in response to the change, Opposition Leader Tony Abbott clearly stated he was “hostile” to any changes that would hurt mining expansion, and that he would be going into bat for millionaire miners rather than local communities who have to live with mining expansion.”

Mr Oakeshott accused Mr Rudd and Mr Abbott of failing in their representation of communities and in their understanding of what Dr Henry had recommended.

“Instead, we once again see the claws of „vested interests‟ in the mining industry dominating the political party decision-making processes,” Mr Oakeshott said.

“Both Labor and Liberal are chasing the big bucks in political donations from mining, and communities suffer as a consequence.

“Sunday‟s response to the Ken Henry tax review, combined with the deferral of the Ross Garnaut recommendations for a reduction in pollution, paints a very real story of where Government and Opposition are currently failing in their representation and where policy vigour is coming a poor second to political donations.

“Ken Henry explicitly recommended against rebates on mining, yet the Government couldn‟t help itself and is now giving an extraordinary $300,000 cash for a $1 million spend on mining exploration.

“A 30% discount on mining activity in this country should ring community alarm bells at places such as Gloucester, Singleton, and the Liverpool Plains,” Mr Oakeshott said today.

KEN HENRY ON THE USE OF TAX REBATES SUCH AS THE EXPLORATION REBATE;
The Report to the Treasurer explicitly recommends against providing “concessions to encourage exploration or production activity at a faster rate than the commercial rate…”

WHAT GOVERNMENT ACTUALLY ANNOUNCED ON SUNDAY;
Up to $300,000 cash rebate on a $1 million spend on mining exploration.

http://roboakeshott.com/system/files/2010_05_04_mining.pdf

http://roboakeshott.com/node/658

_________________________________

OAKESHOTT INSPECTS PROPOSED NATURAL GAS SITE FOR MID NORTH COAST

21 April 2010 - INDEPENDENT MP for Lyne Robert Oakeshott will be inspecting the Parker Road natural gas site with AGL representatives this week to discuss the future of this project for the Mid North Coast.

“Regional Development Australia Mid-North Coast (RDA MNC) will host the discussions between key community stakeholders and AGL where we propose to nut out some answers concerning resource potential, production issues, distribution alternatives, funding opportunities across all levels of Government and comparison of gas to other energy alternatives,” said Mr Oakeshott.

“The site tour will inspect Parker Road which is about 15 km south of Gloucester between Craven and Stratford.

“I am looking forward to the meeting where I hope we get some clear direction on the best way forward for the Mid North Coast,” said Mr Oakeshott.

The meeting will take place on Thursday 22nd April with AusIndustry, Industry and Investment NSW and the Great Lakes, Kempsey Shire, Port Macquarie-Hastings, Gloucester Shire, and Greater Taree City Councils expected to also attend.

http://roboakeshott.com/node/646

Oakeshott Inspects Proposed Natural Gas Site

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