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Energy & Climate Change
The QRC and its members are committed to working together to achieve energy security while taking proactive steps towards a low-emissions economy. An orderly transition to a low-emissions economy will require an integrated set of national policies, which are technology-neutral. These policies must be within the framework of Australia’s participation in global agreements, including the Paris Agreement, which includes greenhouse gas emission reduction commitments from major emitting nations.
The Queensland Resources Council (QRC) has welcomed the Northern Australia Infrastructure Facility’s (NAIF) decision to invest in a new metallurgical coal mine near Moranbah in Central Queensland. The Pembroke Resources-owned Olive Downs Steelmaking Coal Complex (Olive Downs) in the Bowen Basin will receive a $175 million NAIF loan to kickstart construction of a ‘21st century mine built to 21st century standards’.