Dazed no doubt the Newman Government has factored in some huge royalties into their budget from CSG and the LNG project, without these they are pretty well stuffed in the short term I think, I think they know it as well.
I don't think anyone can really predict where this will all end up but given the continual increases in electricity prices (latest 22.6% in Ql, I'd love to increase my prices by 22% whenever I felt like it) given these rediculous and continual increases, I think there's a place for UCG in the power generation industry don't you think!
Cheers
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