Qld miners snub state govt over coal taxes
04 Jul 2022
Queensland miners will
snub the state government's launch of its industry plan after a hike in coal
taxes, while environmental groups plan to attend in protest.
Miners have been paying
more royalties on each tonne of coal sold for more than $175 since the start of
the new financial year on Friday.
Resources Minister
Scott Stewart had been set to release a new 30-year mining industry plan at an
event on Monday, but miners will snub him.
The Queensland
Resources Council and the Queensland Exploration Council worked on the plan
with the government, but they say raising coal taxes had never been discussed.
QRC chief executive Ian
Macfarlane says miners no longer believe state government supports their
sector.
"The Palaszczuk
government has hit the resources sector with a massive tax hike that risks jobs
and threatens investment in all Queensland commodities, not just coal," he
told AAP in a statement.
"The government's
decision to introduce exorbitant new taxes - done behind closed doors and
without consultation - has severely undermined any opportunities to achieve
this outcome."
Comment has been sought
from Resources Minister Scott Stewart.
Treasurer Cameron Dick
announced earlier this month that miners would pay more tax on each tonne of
coal sold for more than $175.
The move has been
welcomed by environment groups, but they too are criticising the 30-year plan
over a delay on methane emission cuts from mines until 2027.
Methane can trap more
than 82 times more heat in the atmosphere than carbon dioxide, accelerating
short-term global warming.
The government's plan
says it will work with miners for "substantial and consistent" cuts
in line with its pledge to slash emissions 30 per cent below 2005 levels by
2030.
Lock the Gate Alliance
spokesperson Nick Holliday said mining methane emissions must be controlled for
Queensland to have any hope of meeting its climate targets.
"If the mining
industry doesn't reduce its emissions, then other sectors like agriculture and
transport will effectively be forced to cut emissions faster to cover for
mining," he said in a statement.
"It will mean
Queensland businesses doing more while multinational mining giants get off
scot-free."
Methane leaking from
coal mines and gas fields accounts for about 8.7 per cent of state emissions,
according to federal government data.
But it could be two to
10 times higher than that, according to a recent report by British
environmental think tank Ember.