Biggest coal-producing state fears impact of High Court emissions decision
The federal government says the High Court decision is constrained to New South Wales but the industry in Queensland isn't so sure there won't be ramifications.
The High Court has ruled that planning authorities in New South Wales must consider overseas emissions when approving a mine expansion, sparking concerns within the Queensland mining sector, which is Australia's largest coal-producing state. The industry is working to understand the potential impact of the decision, while the government maintains that existing laws are robust and may be strengthened as needed.
The ruling could spook investors, according to industry fears. Federal Industry Minister Tim Ayres downplayed broader implications, stating it is a "squarely a NSW decision" and not affecting jobs or investment. Queensland Premier David Crisafulli reassured the industry that the state's laws are already strong and bulletproof, promising amendments if necessary.
Queensland Resources Council CEO Janette Hewson expressed concern over potential repercussions for international partners, such as investors and customers. The Minerals Council of Australia warned that the ruling could send "shudders" down the industry's spine and set a bad precedent for other jurisdictions. Queensland Senator Matt Canavan called for reversal of the decision, arguing it threatens job viability due to emissions from overseas.
Some experts warn that applying the scope three standard for overseas emissions could be disruptive, increasing costs and deterring investors.
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