QCC welcomes Janetzki coal royalties commitment

Queensland Conservation Council welcomes comments made by Treasurer and Energy Minister David Janetzki on ABC radio this morning, confirming the government's commitment to keeping progressive coal royalties.

Coal royalties must be used to enable Queensland's transition away from fossil fuels. QCC calls on the Government to now release a plan to deliver the 75% emissions reduction target including continuing to build renewable energy as part of broader election commitments.

Queensland Conservation Council's Energy Analyst Clare Silcock said

At a time when this new government is dangerously signalling they’re walking away from election promises on climate action and renewable energy, committing to maintaining progressive coal royalties is a flicker in the dark.

For too long, coal corporations have raked in profits by extracting Queensland’s resources, devastating water and habitat and polluting our climate and communities, while households struggle to pay the bills.

Coal royalties are a means to enable a transition away from fossil fuels, and must be used to build clean manufacturing industries, and support our communities to build resilience for the climate disasters that are already on our doorsteps. If anything, they should be increased.

We welcome the Treasurer sticking to the LNP’s election commitment on coal royalties, and urge the State Government to remember and honour their other commitments for a 75% emissions reduction target.

The LNP needs to urgently deliver an energy plan that maps out how Queensland will meet its emissions reduction target, and use coal royalties to fund it.

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