True Cost of Coal

Whitsunday Times - - YOUR SAY -

AS a group, tourism op­er­a­tors have been slow to ac­knowl­edge cli­mate change and the ef­fect this is hav­ing on their busi­nesses de­pen­dent on the Great Bar­rier Reef, but after two years of un­prece­dented co­ral bleach­ing and sub­se­quent death of one third of the corals, they are speak­ing out.

A healthy Reef sup­ports over 60,000 jobs, and con­trib­utes $6 bil­lion to the Queensland and Aus­tralian econ­omy.

The pro­posed Adani coal mine will con­trib­ute 7.7 bil­lion tonnes of CO2 and be Aus­tralia’s great­est in­sult to the sur­vival of the Great Bar­rier Reef.

The Adani pro­ject would also en­able the open­ing of an­other eight huge mines in the Galilee Basin at a time when we need to keep global warm­ing be­low 2 de­grees.

Adani stock price has fallen

33 per cent so far this year as in­vestors turn away from this de­struc­tive pro­ject.

The only ones con­tin­u­ing to cham­pion Adani are our gov­ern­ments, with the Fed­eral Gov­ern­ment still plan­ning a pub­lic tax­payer sub­sidy to Adani via the Ex­port Fi­nance In­surance Corp, even as pub­lic fund­ing de­ci­sions by the North­ern Aus­tralia In­fras­truc­ture Fa­cil­ity are be­ing crit­i­cised for lack of trans­parency.

Mal­colm Turn­bull and the Fed­eral Gov­ern­ment must rule out pub­lic sub­sidy for this for­saken pro­ject, re­view ap­provals for the Adani mine, and ac­cept that we must al­low no new coal if we are to have any chance of avoid­ing cat­a­strophic cli­mate change. — Chris­tine Carlisle,


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