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Byron Shire
March 2, 2021

Or was Rudd misrepresented?

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Col Zwan, The Pocket

Kevin Rudd never mentioned fracking the Pilliga and Gloucester.

This misinformation appeared in the Financial Review as a report of Kevin’s address to the National Press Club on July 11. The Tweed Valley Weekly ran with it.

Cutting red and green tape is not objectionable to anybody with half a brain as long as the laws of nature and the country are observed.

There is no dilemma for voters; they can think for themselves.

I am a coordinator for my area of the Lock the Gate movement and my peers are from every walk of the political spectrum with a clear directive that politics have no place in this debate. But from an economic point of view politics are unavoidable.

Apart from the megalitres of water needed to sink each well, the poisoned tailing ponds that have no purification plants, air pollution and desecration of our environment, there is a new and sinister aspect: the American wells are playing out and the nature of the beast is that ours will too.

Not after 200 years, as they told Obama, but now.

More wells are sunk feverishly to satisfy investors that production is meeting demand and they are borrowing money to keep the show on the road because the silly money has run out. Chesapeake, England’s BG Group, Encana (Canada) have a combined write-down of $8.8 billion since mid 2012.

BHP Billiton came in big time at the peak by buying shale projects from Chesapeake ($4.75 billion) and bought Petrohawk for $15.1 billion. And it’s going down the gurgler.

We are looking at a con like the American Real Estate fiasco and another Global Financial Crisis.

Source http://tinyurl.com/ctywx7e – check it out.

 


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