Govt Carbon Plan Spells Grim, Jobless CQ Future; Analysis Predicts Devastating Impact for Region, Nation

Article excerpt

Byline: Adrian Taylor adrian.taylor@capnews.com.au

ROCKHAMPTON'S mining hinterland will lose 8000 jobs in mining and minerals processing over the next 20 years if the Government's Carbon Pollution Reduction Scheme (CPRS) is implemented without changes, says a hard-hitting report published today.

A study by Dr Brian Fisher, the former executive director of the Australian Bureau of Agricultural and Resource Economics, paints a grim picture of the impact of emissions legislation not just on Central Queensland, but on the entire nation. Hailed as the first detailed analysis of the scheme using economic modelling, the report estimates the Australian minerals industry will lose more than 66,400 jobs by 2030 as a direct result of the Emissions Trading Scheme.

And Queensland will be the hardest hit with 34,000 redundacies by 2030 - 19,000 in smelting and refining and 15,000 in coal mining.

Michael Roche, chief executive of the Queensland Resources Council, said the study revealed the devastating impact of the proposed legislation on the engine rooms of the state's economy.

"Given expectations of strong global demand for Queensland's raw and processed mineral commodities, the study confirms that the CPRS will be mostly successful in exporting jobs and emissions to competitor countries that are unlikely to follow Australia's emission reduction lead. …