Even though a quarter of Queensland coal output is being produced at a loss, as reported today, the Abbott and Newman governments are continuing to prioritise coal over our Great Barrier Reef, climate, water supplies, agriculture and tourism.
“Figures from the Queensland Resources Council show that a quarter of Queensland coal export is being produced at a loss,” Senator Larissa Waters, Australian Greens mining spokesperson, said.
“So why on earth are the Newman and Abbott governments sacrificing our Great Barrier Reef tourism industry for this sinking industry?
“The Abbot Point coal port expansion will create the world’s largest coal port in the Great Barrier Reef, dumping 3 million cubic metres of dredge spoil into this World Heritage Area.
“After all of that damage has been inflicted on the Reef, the Abbot Point coal port could end up as a stranded asset.
“With BHP, Rio, Anglo American and Lend Lease having already pulled out and global banks like Deutsche and HSBC over the weekend ruling out funding Abbot Point, the federal government should revoke its approval of this white elephant.
“Global demand for our climate-destroying coal is dropping – countries like China are embracing renewable alternatives instead.
“We have the potential to be a leader in renewable technology, while keeping our Great Barrier Reef tourism industry protected, as well as the water supplies that Queensland farmers and communities rely on.
“Instead the Abbott and Newman governments are putting coal first at the expense of our Great Barrier Reef, our water resources and the sustainable industries and thousands of jobs that they support,” Senator Waters said.