Australia has huge amounts of non-oil hydrocarbons in the form as coal, gas and shale. current oil prices mean its economically to convert them into synthetic motor fuels. However theres bound to be environmental cost which has to be well managed. I have heard energy minister Martin Ferguson speak favorably about syn fuels in the past but it not going to be an easy issue for the government.
Looks like the fun is about to start:
Looks like the fun is about to start:
A PROPOSED $14 billion shale oil mining operation in the Whitsundays is shaping up to be one of Queensland's biggest environmental battles.
The company behind the project says it would produce millions of barrels of oil a year, helping to secure Australia's diesel fuel needs for decades and creating thousands of jobs for the region.
But conservationists say it risks causing devastating environmental damage in a key tourism area just kilometres from some of the country's most prized natural assets.
"This is an incredibly dirty industry on the edge of the Whitsunday Islands and the Great Barrier Reef.
Why anyone would suggest that's a good idea is beyond me," said Suzette Pelt of the local Save Our Foreshore group, which is behind a protest day in Airlie Beach today ....
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