Coal


The 2014 Institute Of Public Affairs HV McKay Lecture

My title for my remarks tonight is “More energy please: How increasing energy use promotes a richer, freer world”.

Coal central to China’s energy future

With reference to your report “Beijing plans to go coal turkey” (AFR, August 6), this may leave the false impression the Chinese government is signalling a wider shift in energy policy and preferred fuel sources.

AUSTRALIA’S CARMICHAEL COAL PROJECT WILL HELP POWER INDIA’S FUTURE

Today’s approval of the $16.5 billion Carmichael coal mine in Queensland’s Galilee Basin is further proof of the strong international demand for Australian coal. Coal from the Carmichael project, which has been earmarked for export to India, will help lift millions of people out of energy poverty while generating jobs, exports, royalties and taxes for Australia.

SENATE SHOULD REPEAL MINERALS RESOURCE RENT TAX

The Australian minerals industry urges the Senate to repeal the Minerals Resource Rent Tax (MRRT) today. The MRRT was never necessary for Australians to share in the benefits of the Millennium mining boom.

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