Malcom saves the environment yet he claims its not in danger? I'm confused?
SNIP:
Federal Environment and Water Resources Minister Malcolm Turnbull has withdrawn his support for next week's auction of 8,000 megalitres of water from the Warrego River in western Queensland.
Mr Turnbull wrote to his Queensland counterpart Craig Wallace yesterday to withdraw his support for the sale.
The Warrego River is in the upper reaches of the Murray-Darling Basin and runs into northern New South Wales.
Mr Turnbull says the Queensland Government is still entitled to sell the water and it has not responded to his letter.
He says he changed his mind on the sale after reading a CSIRO report on the state of the river.
"The recent report, while it confirms the 8,000 megalitres would not have an adverse environmental effect ... points out that there is likely to be a significant reduction in water availability in the years ahead," he said.
The Nature Conservation Council of New South Wales says the proposed auction was always an environmental mistake.
Spokeswoman Cate Faehrmann says the Queensland Government needs to act in the best interests of the environment.
"We would be urging the new Queensland Premier Anna Bligh to listen to the community, to put forward a good decision and not allow this sale to go ahead," she said.
"This could be the first decision that she makes as Premier that indicates she really has good environmental sense."
From ABC.net
Federal Environment and Water Resources Minister Malcolm Turnbull has withdrawn his support for next week's auction of 8,000 megalitres of water from the Warrego River in western Queensland.
Mr Turnbull wrote to his Queensland counterpart Craig Wallace yesterday to withdraw his support for the sale.
The Warrego River is in the upper reaches of the Murray-Darling Basin and runs into northern New South Wales.
Mr Turnbull says the Queensland Government is still entitled to sell the water and it has not responded to his letter.
He says he changed his mind on the sale after reading a CSIRO report on the state of the river.
"The recent report, while it confirms the 8,000 megalitres would not have an adverse environmental effect ... points out that there is likely to be a significant reduction in water availability in the years ahead," he said.
The Nature Conservation Council of New South Wales says the proposed auction was always an environmental mistake.
Spokeswoman Cate Faehrmann says the Queensland Government needs to act in the best interests of the environment.
"We would be urging the new Queensland Premier Anna Bligh to listen to the community, to put forward a good decision and not allow this sale to go ahead," she said.
"This could be the first decision that she makes as Premier that indicates she really has good environmental sense."
From ABC.net
posted by Alex at 4:45 PM
1 Comments:
i would suggest that malcom is no longer endorsing the qld water sale since he will have to buy it back under the ten billion dollar water package.
there is a chance for landholders to gain through arbitrage.
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