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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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