Cobbora coal mine is a ‘pig in a poke’

Media Release – 31 August 2011

The Greens spokesperson on mining, Jeremy Buckingham MLC has welcomed comments by Minister for Resources and Energy, Chris Hartcher that the future of the controversial Cobbora coal mine near Dunedoo is uncertain, and called on the government to scrap the project altogether.  He will also move a call for papers on the project when Parliament resumes.

“The Cobbora coal mine is a pig in a poke,” said Greens MP Jeremy Buckingham.

“Cobbora is bad quality coal that will be sold at subsidised prices to electricity generators – a disaster for the climate that will totally undermine the purpose of the carbon price.

“The reason the state government is developing this mine is because no private company wants to dig up such poor quality coal and sell it at low prices.  The contractual sale price of Cobbora coal is rumoured to be around $30 a tonne, well below the current international market rate for thermal coal of around $100 a tonne.

“It sounds like the O’Farrell Government is slowly backing away from the Cobbora coal mine, and that’s a good thing.  This mine should not happen on environmental grounds, and it will be a huge unnecessary burden on NSW taxpayers.

“It’s important that the public gets to know what is really going on with this project.  I’ll be moving a ‘call for papers’ relating to the Cobbora coal project when NSW Parliament resumes next week,” he said.

Contact: Max Phillips – 9230 2202  or  0419 444 916

 

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