MARKETS

APPEA calls for the shears to be taken to approval process

THE Australian Petroleum Production and Exploration Association is set to campaign hard on regulatory overlaps, releasing a report which finds excessive regulation is putting the country’s major LNG proposals at risk.

James McGrath

Releasing its report yesterday, it found the federal government had been lax in its commitments through the Council of Australian Governments to reduce red tape for the resources sector.

In fact, APPEA argued that the federal government increased red and green tape, typified by the recent decision to include a water trigger on coal seam gas projects under the Environmental Protection and Biodiversity Conservation Act.

“The federal government’s recent move to regulate onshore gas exemplifies a duplicative and inefficient management of this critical resource,” APPEA chief executive David Byers said.

“Policies that undermine the development of energy projects and curtail energy production impose real costs on Australia through lost jobs, forgone economic growth and higher energy bills.”

APPEA recommended that the federal government fast-track bilateral arrangements of accreditation by the Commonwealth for state processes and create a “one-stop-shop” for state assessment and decision processes under the EPBC Act.

It recommended also that the National Offshore Petroleum Safety and Environmental Management Authority be given the scope to approve offshore projects under the EPBC Act.

APPEA suggested that the threatened species list under the EPBC Act be reduced as a broader program to reduce triggers under the act.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions