They say they don't want a moratorium, they know the burns have been going on for 9 years. LNC producing small amounts of diesel. CNX flaring using CRIP technology. They know damn well it works and has a momentume all its own. Federal Resources Minister Martin Ferguson has hailed both CSM and coal gasification as crucial to Australia's future energy security. They know the Qld state govt wont have the final word on this.
It reeks of downramping and manipulation as far as I am concerned, if it's not, it's a lame attempt at trying to discredit a superior process and far more profitable business model.
CNX Price at posting:
28.5¢ Sentiment: None Disclosure: Held
