Wine industry warns of CSG losses

Wine industry warns of CSG losses

Hunter wine makers say the NSW government will lose more than $40 million a year in revenues if it allows coal seam gas exploration and production to operate in the region’s wine tourism areas. Using government data, the Hunter Wine Industry Association estimated the government would receive $8.6 million a year in coal seam gas royalties, a small amount compared with the risk the industry posed to the $1 billion of investments in wine and tourism, reports the Newcastle Herald.

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