INTERNATIONAL COAL NEWS

Abbott's 'coal is good' mantra ignores reality: Greens

THE Greens have accused the Abbott government of ignoring science, economic reality and global he...

Lou Caruana

This article is 11 years old. Images might not display.

Greens Senator Larissa Waters questioned Mathias Cormann, who was representing the Minister for the Environment, about the impact of exporting Galilee Basin coal to India.

She claimed pollution from coal killed between 80,000 and 115,000 people every year in India.

“All Minister Cormann could say in response was ‘coal is good’,” Waters said.

“I asked about the Australian Academy of Science’s strong warning today that the Abbott and Newman government’s plan for the Reef fails to protect it from port development or to address the impacts of climate change on the Great Barrier Reef.

“And again all Minister Cormann could come up with was ‘coal is good’. Well the reality is, coal is not good. Investment banks around the world know that and are announcing they won’t finance the Abbot Point coal port expansion, with Citi the latest today.”

Cormann would not rule out using taxpayer money to fund the expansion of Abbot Point that private investors are fleeing from, Waters said.

“The world is moving toward renewable energy, which is the real solution to energy poverty in India, where many villages are not connected to the electricity grid making local renewable energy production cheaper and cleaner,” she said.

“The Abbott government needs to abandon its deluded ‘coal is good’ mantra, fuelled by mining company donations, and accept the science behind climate change. Otherwise it risks Queensland’s economic future for this dying industry, which threatens the world’s climate and Queensland’s vital agriculture and tourism industries.”

TOPICS:

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Automation and Digitalisation Insights 2025

Discover how mining companies and investors are adopting, deploying and evaluating new technologies.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions