Market Forces today said “Empire Energy has made an extraordinary admission that it used outdated industry forecasts overstating gas demand to sell the viability of its Beetaloo fracking plans to raise capital from investors,” said Mr Pickett.
“Let’s make no mistake — Empire Energy’s plans are aligned with dangerous levels of global warming and risk serious impacts for health and groundwater in the Northern Territory.”
If the people at Market Forces really cared about the environment, they would encourage Empire Energy. The Beetaloo Basin gas which will be extracted by Empire has less than 1% CO2 content versus 8% at Brewster and 17% at Plover. It is the "cleanest" gas in the world! Of course all hydrocarbons are bad in the opinion of these zealots. As 82% of the worlds energy is NOT renewables, mostly being oil and gas derived, surely a low CO2 source extracted under the most rigorous environmental protections and regulations set in place under the Labor NT government should be championed.
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