Northern Territory's largest onshore gas producer to increase exploration

While Territorians await the final report from the inquiry into hydraulic fracking, to be released next month, the NT's largest onshore gas producer is ramping up production.

Central Petroleum's Operations Manager James van
 Rooyen checks the East Mereenie number 7 well.

Central Petroleum will be drilling up to four new wells in March, in an effort to source gas to fill the Northern Gas Pipeline.

The $800 million pipeline will run from Tennant Creek to Mt Isa, and is due to pipe its first gas at the end of the year.

As Central Petroleum use conventional methods to extract the gas, rather than unconventional extraction, or 'fracking', the current NT moratorium in place does not apply to their wells.

Read the ABC News story by Katrina Beavan - “Northern Territory's largest onshore gas producer to increase exploration.”

Australia had what the world needs, but in a moment of climate madness, we ditched it

Lawmakers who oppose taking action to lower greenhouse gas emissions by putting a price on carbon often argue that doing so would hurt businesses and consumers. But the energy policies adopted by some American states and Canadian provinces demonstrate that those arguments are simply unfounded.

Around the world, nearly 40 nations, including the 28-member European Union, and many smaller jurisdictions are engaged in some form of carbon pricing. In this hemisphere, British Columbia, Quebec, California and nine Northeastern states have raised the cost of burning fossil fuels without damaging the economy. Alberta, Canada’s biggest oil and gas producer, and Ontario have said they will adopt similar policies.

Read The New York Times story - “Proof That a Price on Carbon Works.”