"The LNP is committed to: UCG • Providing the opportunity to demonstrate the technical, environmental and commercial viability of Underground Coal Gasification (UCG) technology under strictly monitored conditions in appropriate locations. • Continuing to support existing approved UCG technology trials in Queensland. • Investigating potential to utilise UCG technology in the production of liquid transport fuels, including ultraclean diesel and jet fuels, from Queensland coal resources."(LNP,pg.31,2012)
Reference: The CanDo LNP Resources and Energy Strategy, A vision for Queensland’s resources and energy sector, http://lnp.org.au/policies/grow-a-four-pillar-economy/the-cando-lnp-resources-and-energy-strategy
CXY Price at posting:
1.3¢ Sentiment: LT Buy Disclosure: Held