Shorten commits $1.5 billion to opening up the Galilee Basin to coal mining
Unbelievable. After years of campaigning to get Labor in a position to reject Adani's mega coal mine in the Galilee Basin, the ALP announced $1.5 billion taxpayer dollars to open up vast areas to coal and gas mining in Queensland and the N.T.
Unbelievable. After years of campaigning to get Labor in a position to reject Adani's mega coal mine in the Galilee Basin, the ALP has announced it would allocate $1.5 billion - of our taxpayer dollars - to projects that would open up the Galilee and Bowen basins and the massive Beetaloo Basin in the Northern Territory.
The climate impacts of mining these basins for gas are enormous, far beyond the damage that even the Adani Carmichael mine would do. According to Tim Forcey, Energy Advisor at the University of Melbourne, Northern Territory shale oil and gas is one of Australia’s largest potential sources of greenhouse gas emissions, with a greenhouse gas potential 4 to 7 times larger than Adani’s coal mine.
We haven't campaigned for years to keep the Galilee Basin coal in the ground, only to see another massive expansion of the fossil fuel industry go ahead.
New gas projects are totally incompatible with limiting global warming to 1.5°C. According to studies published in Nature - as well as analysis of data from Rystad Energy, the International Energy Agency, the World Energy Council and the IPCC - the CO2 embedded in existing gas reserves far outweighs what can be burned if we’re to achieve 1.5°C. [1,2]
The ALP announcement came on the same day Global Witness found that “any production from new oil and gas fields, beyond those already in production or development, is incompatible with limiting warming to 1.5°C.” For a decent chance to achieve this goal, the IPCC’s latest report models declining gas use for primary energy and electricity generation from 2020 onwards.
Companies like Santos and Origin Energy (some of the country's biggest political donors, I might add) will be licking their lips at having taxpayers open up new, unsustainable gas fields.
Thanks for taking action,
Julien, on behalf of Market Forces
Authorised by Cam Walker, Friends of the Earth Australia, 312 Smith Street Collingwood, VIC 3066
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