Coal Seam Gas Mining Essay
Executive Summary
This report provides analysis and evaluation as to how Coal Seam Gas mining companies respond to the challenge of being sustainable. Methods of analysis include mining companies’ response in reducing greenhouse gas emissions and minimising environmental impact, shared value approach to produce a win-win solution, and the effect of quadruple bottom line assessment of performance to Coal Seam Gas extraction. Results of data analysed show that Coal Seam Gas industry may produce social and environmental outcomes that are undesirable, and the management team must recognise that. Managers in Coal Seam Gas mining must consider the surrounding communities and address the impacts of the industry on the environment and community. Coal Seam Gas mining is causing disruption to communities of Australia. Therefore, CSG management and investors must support the
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Coal seam gas is a by-product of coal. It is a non-renewable energy resource. The pureness of this gas has attracted a lot of commercial interest. In light of this, one of the most significant issues that Australia is facing today is the development of a responsive and balanced regulatory framework. Mining companies must evaluate the economic, environmental and social issues that comes with this progression (Hepburn, 2012).
Therefore, mining companies must deal with numerous pollution problems which includes gas and water emissions, contamination of water and land, quality of air, use of land, and the effects of pollution on the health of the surrounding community. Oftentimes, communities where mining operates clash with government because the decision-making of the government depends on financial interests even though it has negative impacts on the environment and the society. Therefore, coal seam gas managers are having difficulty in dealing with social responsibility and long-term sustainability (Jarrett,
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