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Coal Seam Gas projects: Proposed policy model for compensation and benefits sharing

Martin, Nigel; Rice, John

Description

Australia had reserves of over 258,888 petajoules or 6.65 trillion cubic metres of unconventional Coal Seam Gas(CSG) at the end of 2014. The exploration for this rich source of energy requires proponentfirms to negotiateaccess and compensation with landholders under the relevant state policies and regulations. In this study, asummative payment and benefits model is proposed and built using inputs to a dual pass governmental reviewinto compensation for landholders hosting CSG energy projects in...[Show more]

dc.contributor.authorMartin, Nigel
dc.contributor.authorRice, John
dc.date.accessioned2020-07-17T01:12:18Z
dc.identifier.issn0301-4207
dc.identifier.urihttp://hdl.handle.net/1885/206311
dc.description.abstractAustralia had reserves of over 258,888 petajoules or 6.65 trillion cubic metres of unconventional Coal Seam Gas(CSG) at the end of 2014. The exploration for this rich source of energy requires proponentfirms to negotiateaccess and compensation with landholders under the relevant state policies and regulations. In this study, asummative payment and benefits model is proposed and built using inputs to a dual pass governmental reviewinto compensation for landholders hosting CSG energy projects in New South Wales, Australia. This theoreticalmodel exposed that landholder compensation and production payments policies and regulations are inadequateand require expedited improvements and revisions. Specifically, the potential long term impacts of CSG ex-traction; landholder injurious affections in relation to personal health, loss of amenity, and diminution of currentand future land use; and further consideration of neighbour compensation and compulsory land acquisitionoptions are policy prescriptions that require deeper governmental consideration and analysis. In addition, thereplacement of monetary compensation with long term production benefits may offer landholders increasedsources of ongoing compensatory income, and thus requires more policy and regulatory exactitude.
dc.format.mimetypeapplication/pdf
dc.language.isoen_AU
dc.publisherPergamon Press
dc.rights© 2019 Elsevier Ltd
dc.sourceResources Policy
dc.subjectBenefits
dc.subjectCoal seam gas
dc.subjectCompensation
dc.subjectLandholders
dc.subjectProjects
dc.titleCoal Seam Gas projects: Proposed policy model for compensation and benefits sharing
dc.typeJournal article
local.description.notesImported from ARIES
local.identifier.citationvolume63
dcterms.dateAccepted2019-07-25
dc.date.issued2019-08-02
local.identifier.absfor050200 - ENVIRONMENTAL SCIENCE AND MANAGEMENT
local.identifier.ariespublicationu5786633xPUB1131
local.publisher.urlhttps://www.sciencedirect.com/
local.type.statusPublished Version
local.contributor.affiliationMartin, Nigel, College of Business and Economics, ANU
local.contributor.affiliationRice, John, Zayed University
local.description.embargo2037-12-31
local.bibliographicCitation.issue101458
local.bibliographicCitation.startpage1
local.bibliographicCitation.lastpage10
local.identifier.doi10.1016/j.resourpol.2019.101458
local.identifier.absseo850203 - Oil and Gas Extraction
dc.date.updated2020-04-05T08:19:01Z
local.identifier.scopusID2-s2.0-85073649000
CollectionsANU Research Publications

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