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Coal Seam Gas

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Bank decision shows coal seam gas destroys property values

Commenting on reports that CommBank has refused to accept a property with CSG wells on as security for a bridging loan, Acting Greens Leader and Mining & Resources spokesperson Senator Larissa Waters said:

“We’ve known all along that fracking and CSG risks our land, water and the climate – now a major bank is admitting it also risks property values.

“This is the smoking gun the industry has been trying to deny for years – that CSG destroys property values.

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Greens Deputy launches national CSG policy in Toowoomba ahead of the election

Standing with Greens Candidate for Groom, Antonia van Geuns, Senator Waters said the Greens stood firmly against new coal and coal seam gas and for a ban on fracking.

"We Greens will always put farmers ahead of the big mining companies' profits, which mostly flow offshore, and unlike the Liberal, National and Labor parties, we don't take donations from coal and gas companies," Senator Waters said.

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