There are so many reasons to oppose the Adani mine in the Galilee Basin - contribution to climate change, environmental destruction, and the impact on water resources and the Great Barrier Reef.
Here is another - Adani is currently negotiating with the Queensland Government for a royalty “holiday” – this would mean that Adani could defer royalty payments for as long as ten years. This would result in a subsidy to Adani that could be as high as $700 million which works out at around $350 per Queensland taxpayer.
Adani wants to dig up Queensland coal, sell it overseas and not pay a cent in mining royalties for up to a decade.
Want this to change? Read on...
Adani is being given this subsidy presumably in recognition of the jobs the mine will create. All signs are that the number of ongoing jobs created will be less than one thousand. This works out as a subsidy of around $700,000 per job.
The State Government has set 30 November as the date for the royalty deadline to be finalised.
Please write to the Queensland Premier and ask her not to go ahead with this subsidy. Please also send a copy to your local MP.
Member for Mundingburra
Member for Townsville
Mr Scott Stewart
Member for Thuringowa
Mr Aaron Harper