Qld coal exports omitted from climate plan

November 28, 2022 02:55 PM AEDT | By AAPNEWS
Image source: AAPNEWS

Queensland's carbon emissions targets are likely to become more amibitious, but coal exports will last "as long as the market dictates", the premier says.

Annastacia Palaszczuk has promised to slash emissions 30 per cent below 2005 levels by 2030, and to net zero by 2050, and ensure 70 per cent of energy demand is met by renewables by 2032.

Queensland has the motivation to decarbonise rapidly as climate disasters have cost it about $30 billion between 1979 and 2019, more than any other state, according to a Climate Council report on Monday.

Ms Palaszczuk is still reluctant to set more ambitious emissions targets, but she's indicated that they will change as more renewable generation is switched on.

"We are working very hard, and these targets will change, and I think they'll change dramatically over each decade," she told reporters on Monday.

The premier also announced that a $2 billion deal had been signed with Spain's ACCIONA Energia to build a 1000MW wind farm in the MacIntyre Wind Precinct, near Warwick.

The decarbonisation plan doesn't mention coal exports, which are the state's biggest contributor to global climate change.

Burning all 276.5 million tonnes of coal that Queensland exported in 2021/22 would equal Brazil's carbon emissions in the 2020 calendar year.

Ms Palaszczuk said future coal production and exports from Queensland will depend on global demand, rather than any state intervention.

"The world is moving very, very quickly, but what we do know is, as the deputy premier said: metallurgical coal is needed for steelmaking," she said.

"That will continue as long as the market dictates."

The government is also aware that at least 12 thermal and metallurgical coal mines plan to be operating after 2050, some after 2100, according to RTI documents acquired by the Australian Conservation Foundation.

Deputy Premier Steven Miles said coal from those mines will be needed to make steel for renewable energy generation parts, which the government wants to do domestically.

"Coal from those mines will be accounted for in the places where it's burned, and where it is used," he told reporters.

The Queensland Land Court recommended on Friday that the government refuse a proposed coal mine because it would have "unacceptable climate impacts" in the state.

"The combustion of which will cause harm to the environment in and the people of Queensland, wherever the combustion occurs," the ruling said.

The Australian Conservation Foundation climate and energy program manager Gavan McFadzean called for the government to "stop walking on both side of the street".

"Exporting Queensland coal does just as much damage to our climate as burning it here does," he said in a statement on Monday.

"Burning coal harms the Great Barrier Reef, the Daintree Rainforest and the Wet Tropics – regardless of where the coal is burned.

"With a dependence on agriculture, nature-based tourism and mining, Queensland's economy is at risk from a warming climate and the inevitable decline in demand for coal and gas exports.

"We urge the Palaszczuk government to be guided by the climate science, not short-term market trends."


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.