Fossil fuel corporation 3D Oil has been exposed divulging to investors that it will commence drilling for its next cash bonanza off the coast of King Island next year. <\/p>\n\n\n\n
Managing Director of 3D Oil Noel Newell told investors<\/a> \u201cWe are planning to drill in 2023 with Conoco [Phillips].\u201d<\/p>\n\n\n\n The permit – T\/49P – covers an area of 4,960 km2 in water depths of less than 100m. <\/p>\n\n\n\n Greens\u00a0<\/strong>S<\/strong>enator for lutruwita\/Tasmania, Peter Whish-Wilson said:\u00a0<\/strong><\/p>\n\n\n\n \u201cJust a few weeks ago Scott Morrison killed oil and gas drilling project PEP-11, located offshore of Sydney and Newcastle, due to significant community and environmental concerns. Labor leader Anthony Albanese also supported this project being stopped. <\/p>\n\n\n\n \u201cStopping PEP-11 led to the NSW state government permanently banning oil and gas drilling off its beaches in state waters. If it\u2019s good enough for NSW why not Tasmania or Victoria? <\/p>\n\n\n\n \u201cHow is this not a serious double standard? King Island fishing communities and thousands of other Tasmanians do not want to see their coastlines and marine environments risked by new fossil fuel projects, especially in a time of climate emergency when the exact product they are seeking is warming and killing our oceans.<\/p>\n\n\n\n \u201cLabor and Liberal need to commit to stopping this dangerous project, and like with PEP-11, they need to pledge this prior to the election so Tasmanians know where they stand.<\/p>\n\n\n\n \u201cThe undisputed authority, according to the government, on global energy systems – the International Energy Agency – said last year that to reach net zero by 2050, not one single new coal, oil or gas project can be built. Not one. <\/p>\n\n\n\n \u201cAustralia already has enough oil and gas in reserves to trigger catastrophic climate change and yet this project intends to recklessly rip open another one, putting local fisheries and communities in jeopardy to drill for something we simply do not need.<\/p>\n\n\n\n \u201cWe are in a climate change crisis. Why risk unravelling the marine food chain, obliterating critical ecosystems and destroying local livelihoods for the sake of a few wealthy investors in the fossil fuel industry?<\/p>\n\n\n\n \u201cLabor and Liberal are both beholden to big donations from oil and gas companies – it is the Liberal and Labor party\u2019s predictable greed that allows fossil fuel corporations like 3D Oil to divulge plans to investors to do what they want, when they want.<\/p>\n\n\n\n \u201cThe only way to stop this unconscionable destruction is to kick the Liberals out and put the Greens in the balance of power at the next election. <\/p>\n\n\n\n \u201cLast year I introduced the Offshore Petroleum and Greenhouse Gas Storage Amendment (Fight for Australia\u2019s Coastline) Bill 2021 to the Senate. This legislation would provide the mechanism necessary to permanently stop misguided and destructive offshore gas projects like what\u2019s planned for the Otway Basin in their tracks – but we need the numbers in parliament to ensure it gets through.<\/p>\n\n\n\n \u201cNew Zealand, Greenland, Spain, Denmark, Costa Rica, France, Belize and Portugal have all implemented bans on new oil and gas exploration \u2013 there is no reason Australia shouldn\u2019t do the same.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" Fossil fuel corporation 3D Oil has been exposed divulging to investors that it will commence drilling for its next cash bonanza off the coast of King Island next year. Managing Director of 3D Oil Noel Newell told investors \u201cWe are planning to drill in 2023 with Conoco [Phillips].\u201d The permit – T\/49P – covers an area of … Continue reading “Fossil fuel project threatens King Island”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-16139","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/16139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=16139"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/16139\/revisions"}],"predecessor-version":[{"id":16140,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/16139\/revisions\/16140"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=16139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=16139"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=16139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}