Wednesday, August 19, 2009

Gorgon Project

Once again I tread where Angels fear to and tackle a topic I really know very little about.

However even I know that a 50 billion dollar injection into the Australian economy is certainly welcome, though as usual I wonder at the eventual long term cost.

I would not be Peter Garrett, the Federal Minister for the Environment, (an ex Greenie Activist as well as the ex lead singer of, "Midnight Oil") for quids. Even if he knew the project was going to wipe out a number of marine species, he would be a very brave man to go against his own leader and refuse to give the green light to this major project.

Mind you I have to agree with comments I heard earlier today on a local radio station, which commented on the Yes/No condition of WA. NO to extended shopping hours and an immediate Yes, Yes to a huge project that has some areas still clouded in doubt, such as the successful containment of the carbon residue.

No doubt time will reveal all, but if this, 'Boom' is anything like the mining booms of recent years, I and many like me will not directly benefit from the wealth generated. In fact it will probably cost those of us living in WA more money in the long run as higher priced local gas prices might well eventuate.

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