tag:blogger.com,1999:blog-9864176.post5793388767636212511..comments2023-12-01T16:56:04.415+11:00Comments on Peak Energy: Moratorium On UCG Proposed In QueenslandBig Gavhttp://www.blogger.com/profile/00682404837426502876noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-9864176.post-19014978516805120632008-11-04T09:27:00.000+11:002008-11-04T09:27:00.000+11:00The Federal government will step in, if the state ...The Federal government will step in, if the state government puts a moratorium in Queensland. UCG is the worlds only chance of economical clean coal. Which China is very interested in. CSG is very limited in products that it can produce, and there are huge risks in contaminated water leakages when Queensland floods, destroying huge areas of land for agriculture and live stock. Economically, UCG is light years in front of CSM and Coal fired power plants, and its capable of producing diesel, Plastics, fertilisers and energy.Unknownhttps://www.blogger.com/profile/16437047502062289110noreply@blogger.comtag:blogger.com,1999:blog-9864176.post-52840080652767610062008-11-03T13:24:00.000+11:002008-11-03T13:24:00.000+11:00I am beginning to think that moves will made to li...I am beginning to think that moves will made to limit UCG in Queensland. The coal seam gas sector has been has recently been a target of the big players ie shell, bg, conco-philips and Petronas.<BR/><BR/>These companies play for keeps ... so ucg is going to find it hard going ... I believe that only arrow energy has been applying for coal exploration leases over their coal seam gas tenantments? There’s going to be some hard ball played here ... I think only Cougars kingaroy lease doesn't have any possible overlapping areas of CSG and UCG.<BR/><BR/>These are difficult times to be a shareholder in UCG companies.Anonymousnoreply@blogger.com