Profit Seeking vs Human Values

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Title : Lucrative Longwall Coal Mining in New South Wales versus Environmental Impacts

Abstract

Longwall Mining in New South Wales is a highly profitable activity but has severe consequences to the environment particularly the water bodies and the dependants of the aquatic resources

Introduction

All businesses have a cooperate responsibility and must not be only guided by the ultimate goal of making profit . Activities such as coal mining are very promising in terms of profits but therein are a greater risk

of environmental degradation and subsequent risk to human and animal health . Longwall coal mining especially in water catchments areas is a potential risk to the environment and its dependants

This report documents the environmental threats of longwall coal mining in New South Wales (NSW ) that have resulted to conflicts with the community

Longwall mining in NSW

Longwall mining is an underground coal mining process whereby surface subsidence occurs as mining progresses thereby damaging the environment in addition to infrastructure . This coal mining process has been running in NSW as from 1962 and has become a predominant method due to its efficiency in extracting much coal . The process may be lucrative to the government of NSW due to the high royalties raised from the mines . In 2004 /05 financial year for instance , the NSW Government obtained 354 million and these figures are thought to be even higher . The coal companies also reap huge profits considering the increasing global demand for coal . Such huge benefits to the...