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Photo by StopAdani
Queensland Premier Annastacia Palaszczuk and Federal Opposition Leader Bill Shorten talk about addressing inequality inside the Queensland State Conference of the Labor Party in Townsville. Yet one of the greatest drivers of inequality is climate change driven by fossil fuels and coal mining.
Outside the state convention about 200 people turned up on Saturday morning to press the point that developing more fossil fuels, especially the Adani Carmichael coal mine, will further drive climate change. Climate change is a driver of political destabilisation, food insecurity, and inequality at a global level.
Queensland's commitment to 50 percent renewables by 2030 and zero emissions by 2050 mean little if coal and gas is continued to be exploited and exported overseas. Politicians often say that if we don't export it , then some other country will. But this is an immoral defence, with this justification known as the Drug Pusher's defence. That's what Premier Palaszczuk is arguing: an immoral case that if Queensland doesn't drive climate change by exporting coal, then some other nation will do so.
But even the Drug Pusher's defence for developing the Adani mine falls flat when you take into account there is a global energy transition occurring, and the global coal market is in structural decline. Developing any new coal mine risks becoming a stranded asset, failing at plain economics.