High profile guests to speak at Reef Hour on Hamitlon Island
THE Australian Marine Conservation Society (AMCS) is bringing two high profile speakers to a community event on Hamilton Island next Thursday, October 9, as part of the ongoing campaign to ban the dumping of dredge material in the Great Barrier Reef.
Tim Buckley, a world-class risk analyst from the Institute for Energy Economics and Financial Analysis (IEEFA), and Adam Smith of Reef Ecologic and formerly of the Great Barrier Reef Marine Park Authority (GBRMPA), will join Whitsunday tourism operators to discuss concerns about the environmental and economic risks of port development and dredging and dumping.
AMCS campaigner Cherry Muddle said Mr Buckley was a leading expert on the risks of potentially stranded assets that could occur from failing to acknowledge over-capacity in Queensland ports. She said he was also wellversed in the forecast peak in global seaborne demand for thermal coal at current levels.
“Abbot Point has only been operating at below 40 per cent per annum for the last four years. Even recently improved throughput has the port operating at only 60 per cent utilization [so] it is foolish to dredge and dump and to build new port terminals when the current port throughput is well below capacity,” she said.
“We are also excited to have Dr Smith, formerly of GBRMPA, to address community concerns over the management of the Reef and solutions to adequately protect [it].”
The ‘Reef Hour’ will be held at the Hamilton Island Yacht Club, starting at 6pm.