Report Finds Net-Zero and Ban on Coal, Gas Projects Will Cost Southwest Queensland $47 Billion

Started by Epoch-Times-Bot, Dec 15, 2022, 07:27 PM

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Epoch-Times-Bot

Dec 15, 2022, 07:27 PM
Report Finds Net-Zero and Ban on Coal, Gas Projects Will Cost Southwest Queensland $47 Billion

Australians living in the rural and regional areas of Queensland will be bearing the brunt of the net-zero agenda and green legal activism, which is putting coal and gas projects at risk of cancellation, costing up to an estimated $47 billion, according to a new paper.
It comes as Australia's major power providers are looking to shut down coal-fired power plants due to increased pressures from the government and investors.
Queensland Premier Annastacia Palaszczuk said in September that the state will end its dependence on coal-fired power by 2035 under a 10-year $62 billion energy plan which will see 70 percent of the state's electricity come from renewables....

Source: Report Finds Net-Zero and Ban on Coal, Gas Projects Will Cost Southwest Queensland $47 Billion

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