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Showing posts with label subsidy. Show all posts
Showing posts with label subsidy. Show all posts

Friday, November 10, 2023

Queensland announces cash grants for new gas exploration, new coal mine extension, to ramp up ocean warming destruction of Great Barrier Reef

Cash grants for gas exploration in Queensland announced by the Queensland Labor Government, Treasurer and Minister for Trade and Investment Cameron Dick, and Minister for Resources Scott Stewart.

"$21 million in funding is available through the Frontier Gas grants program for companies looking to explore and unlock new reserves in the Bowen and Galilee basins and bring Queensland gas to market sooner." said the media statement.

At the same time the Queensland Government granted a mining lease for Anglo American to expand its Lake Lindsay coal mine operation near Middlemount in the Bowen Basin. It will extend the life of the mine producing 5.6 million tonnes of coal and affects 500 jobs. But the loss of tens of thousands of Tourism and hospitality jobs oon the Great Barrier Reef? They are going.

New fossil fuel projects are at odds with climate science for meeting the Paris Climate Temperature Targets. The Queensland Government incentivising fossil fuel exploration and granting extended mining leases is adding to global warming that is cooking the planet, and warming oceans destroying the Great Barrier Reef. It is destroying long term jobs and biodiverrsity.