News

Groundwater mining companies access worth $100m: report

A report has estimated the value of groundwater to mining companies in the Galilee Basin.
A report has estimated the value of groundwater to mining companies in the Galilee Basin. Daily Mercury Archives

A REPORT estimates hidden subsidies from the Queensland Government to the coal mining industry, in the form of the value of groundwater accessed for free, represent at least $100 million in value for the Galilee Basin coal mines alone.

"This analysis reveals that the mining industry reaps a huge financial benefit from accessing public groundwater resources effectively for free," The Australia Institute research director and report author Rod Campbell said.

"Our analysis indicates that the value of groundwater that will be provided to the Galilee Basin coal mines for free, if they are all constructed, would be worth approximately $100 million.

"Our analysis is based on the economic value of groundwater used by coal industry economics consultants and expert assessments of the total volume of groundwater that will be intercepted by the Galilee Basin coal mines.

"If large volumes of a public resource are being granted to private enterprises through a veiled subsidy that is not made transparent to the public, at the very least the community has a right to expect strong regulatory controls on use of that resource.

Mr Campbell said in Queensland the Government is instead moving to weaken regulation of groundwater.

"Just last week, the Minister for Mines and Natural Resources moved unilaterally to declare the Carmichael coal mine as a 'prescribed project' and 'critical infrastructure' which will allow the water licensing process to be fast-tracked and could limit opportunities to interrogate the impacts of the mine on groundwater," he said.

"Queensland's coal industry already receives great financial assistance from the Queensland community through government funded infrastructure, favourable tax treatment and unfunded environmental damage.

"As the world seeks to decarbonise the economy, the Queensland Government should be moving to wind back subsidies of this nature and should be increasing protection of groundwater resources, not weakening them."

A Department of Natural Resources and Mines spokesperson said "all water users accessing groundwater, regardless of whether it is used for farming and irrigation purposes or to support a mining development, must obtain a water licence and adhere to the same fees and charges."

Topics:  groundwater industry mining report



Drink where the cool kids do this summer

MAKE yourself visible where all the cool cats are drinking this summer with these new Brisbane bars:

Discover Brisbane’s laneway gems

Brisbane's laneways will surprise you.

NOT all of Brisbane City is as it seems…

Top five things to experience this summer in Brisbane

Tangalooma is amazing if you're keen for a dive, kayak or swim.

THIS summer get out and explore your capital city.

Don’t go chasing waterfalls…find them on these drives!

The Scenic Rim is just one place nearby that you'll love.

BRISBANE isn’t all bright lights and city slickers.

Your boots are made for walking these tours

Brisbane Greeters tours are a great way to learn the local history of the city.

YOU don’t need a bike or bus for a seriously good tour of Brisbane.

Science Festival seriously awesome

Don't miss the World Science Festival Brisbane!

CALLING everyone who wants to see something totally cool.

Is Brisbane the new arts and culture capital?

Check out GOMA's latest exhibition - it's all about hair! GOMA 10 Ambassador Patience Hodgson visits Nervescape V 2016 by Icelandic artist Hrafnhildur Arnardóttir (aka Shoplifter), commissioned for ‘Sugar Spin: you, me, art and everything’ at the Gallery of Modern Art, Brisbane. 
Photograph: Natasha Harth, QAGOMA

THE rest of the world should be envious of this line-up!

Pre-season trial helps Capras iron out kinks

The Capras defence defuses an attacking raid in Saturday's trial match in Mackay.

Positive signs for Capras despite 28-4 loss to Cutters in trial

Regional council offers career kick-starter

KICK-START: Isaac Regional Council is offering six positions to help successful applicants earn while they learn.

Which CQ town is taking on new apprentices and trainees?

England rules in day/night cross country event

Michael England produced a powerhouse performance to win the three-hour event on Saturday.

Close to 50 riders turn out for season opener at Seeonee Park

Local Partners

Busby Marou call Rockhampton show 'best gig' of career

GALLERY: Thousand turned out to see hometown heroes Tom Busby and Jeremy Marou play The Great Western on Saturday night - Can you spot yourself in the crowd?


How Stay at Home Mum blogger Jody Allen struck it big

Jody Allen and Walt Collins will co-host the Seven Network's Stay at Home Mum television series from April.

Jody Allen's star continues to rise at incredible speed

Art sessions after dark for adults to 'play' and have fun

Artist Emma Ward will be running Wine and Watercolour art sessions once a month at the art gallery.

ART sessions for adults to remind them about the process of play.

Clermont cattle sale kicks off this month

READY FOR ACTION: Melissa, Hastings and sons Cobi and Zach Hawkins from the Clermont Cattle Sale.

Save the date, February 15, for the first sale of the year.

Tensions high at pointy end of MKR's round two

WHEN an ex-vegan pacifist says "I think people that score strategically need a kick in the shins”, the MKR gloves are off.

Jungle Jay sent packing from I'm a Celebrity

I'm A Celebrity ... Get Me Out Here! contestant Jay Laga'aia with Keira.

BIG friendly giant Jay Laga'aia has been eliminated from I'm A Celeb

Carson Kressley brings 'camp' to I'm a Celebrity jungle

"I am not all Park Avenue and daffodils” ... Carson Kressley.

Meet the "campest” campmate to star on I'm a Celebrity.

Star Wars: The Last Jedi mystery already solved

FILE- This undated file photo provided by Disney shows Daisey Ridley as Rey, left, and John Boyega as Finn, in a scene from the film, \"Star Wars: The Force Awakens.\" Hasbro said it is changing its Star Wars Monopoly set after an 8-year-old girl became upset that Rey, the movie's female heroine, was not included as a figure along with Darth Vader and Kylo Ren. (Disney/Lucasfilm via AP, File) MANDATORY CREDIT

A key mystery surrounding the title of episode eight has been solved

Kids' game "full of f**king paedophiles" according to dad

A mortified dad has expressed serious concerns over an online game

Lisa Marie Presley's ex caught with child pics: court

Lisa Marie Presley, at right, and her husband, Michael Lockwood back in 2010. FILE

Lisa Marie, 49, claimed she was left “sick to her stomach”

Robert Irwin introduces Jimmy Fallon to wild guests

Robert Irwin introduces Tonight Show host Jimmy Fallon to a cuddly sloth.

ROBERT Irwin continues Steve's legacy.

What $11.9m can get you on Coast's most exclusive street

29-31 Wyuna Drive Noosaville Qld 4566

This is what a cool $11.9m can get you

How a first home buyer built house with no deposit

NEARLY THERE: Construction on the first house to home orphans at Umoja began in January.



Photo Contributed

His home will be completed later this year.

$6.3 billion project to drive population boom

BIG IDEAS: Artist's impression of the new 10,000-unit complex to be constructed at Springfield Central.

Driverless trains could take thousands to and fro from Springfield

Company collapse: Boss goes to Vegas, staff lose thousands

Last chance for staff to lodge their claims

Historical home on market for first time in 50 years

Denise Carroll pictured on the deck to her house which is now up for auction.

A home for parties, weddings and 11 kids

Ready to SELL your property?

Post Your Ad Here!