AGL Energy has bought two more properties in NSW's Hunter
Valley region, bringing to six the total number of properties it has bought in
recent years in an effort to build a presence in the wine-growing region amid a
growing debate between wine growers and those, like AGL, that are eying coal
seam gas projects, according to a report by the Australian Financial Review.
AGL has gone so far as to join the Hunter Valley Wine
Industry Association, though the move has angered many locals who are seeking to
expel the company from the wine group.
Despite local opposition, AGL says it hopes to buy more land in the region, including one owned by mining magnate Nathan Tinkler.
“It is our belief that over time we will demonstrate to the community that the coal seam gas industry is low-impact, safe, clean and can co-exist alongside farming, wine-making and other agricultural industries,” AGL said in a statement, according to the AFR.
Despite local opposition, AGL says it hopes to buy more land in the region, including one owned by mining magnate Nathan Tinkler.
“It is our belief that over time we will demonstrate to the community that the coal seam gas industry is low-impact, safe, clean and can co-exist alongside farming, wine-making and other agricultural industries,” AGL said in a statement, according to the AFR.
Business Spectator
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