Stop Adani's royalties deal

Stop Adani's royalties deal

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Right now Adani are demanding a special deal to avoid paying royalties to Queensland. Experts say this deal could save $900 million for Adani while the billionaire mining giant gives nothing in return for a decade. This is blatant financial assistance for a corporation that claims it doesn’t “require a cent of Australian taxpayer dollars”. 

Adani and the Queensland Government are set to sign off on this deal on September 30. They’re hoping they can keep the details secret. Let’s pile the pressure on Adani and the QLD cabinet to reveal how our public money is being ...

Right now Adani are demanding a special deal to avoid paying royalties to Queensland. Experts say this deal could save $900 million for Adani while the billionaire mining giant gives nothing in return for a decade. This is blatant financial assistance for a corporation that claims it doesn’t “require a cent of Australian taxpayer dollars”. 

Adani and the Queensland Government are set to sign off on this deal on September 30. They’re hoping they can keep the details secret. Let’s pile the pressure on Adani and the QLD cabinet to reveal how our public money is being used to prop up a dirty coal mine.

Can you contact Adani and QLD Labor leaders and demand they release the details of this special royalties deal?

 

 

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Email Adani and QLD Labor leaders

Use the tool below to contact Adani and QLD Labor leaders and ask for details of Adani's royalties deal. Your email will go to Adani Australia plus Premier Annastacia Palaszczuk, Treasurer Jackie Trad, Environment Minister Leeanne Ennoch, and Mines Minister Anthony Lynham.

It's best to use your own words and make it personal. If you click on 'Email tips' below you'll find some background information and talking points.

We know this goes without saying, but please be polite :)

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Below is some background info and talking points to help you write your email.

BACKGROUND INFO
The QLD Government has set a deadline of September 30 to decide the terms of a royalty deferral deal with Adani. The exact terms of the deal have been kept secret but the Institute for Energy Economics and Financial Analysis says the deal is effectively a $900M subsidy for Adani - ensuring no royalty return from Carmichael to the QLD economy for at least a decade.

Treasurer Jackie Trad has said, “We said when royalties were deferred, they would have to be repaid in full, with interest and with security of payment in place… We said investors would have to meet a financial assurance model to ensure compliance with environmental conditions to cover rehabilitation costs.”   

Previous QLD government statements have also explained that the provision of a royalties deferral is contingent on “the provision by the proponent of third party access infrastructure or other acceptable economic infrastructure to the State.” Adani’s current rail line is a narrow-gauge line to be used exclusively by Adani. It’s hard to see how this matches this criteria.

This raises the following questions, some of which you may want to ask of Adani and the QLD government:

  • What financial security is Adani providing for their royalties deal?

  • Is Adani providing financial assurance for rehabilitation costs?

  • What common infrastructure is Adani providing? How is Adani eligible for a royalties deferral if it’s not providing common infrastructure or financial assurance for rehabilitation costs?

  • QLD Labor made a commitment at the 2015 election that, in regards to Adani, “Labor will not do any secret deals.” Why are the details of this deal being kept secret?

  • When Adani announced they were self financing their coal mine in 2018, CEO Lucas Dow said they did not 'require a cent of Australian taxpayer dollars’.  What, if anything, has changed and how can they justify making this arrangement?

TALKING POINTS

  1. Adani should not put its hand out for more Queensland taxpayers’ money. A royalties holiday for Adani is a betrayal of Queenslanders. If this royalty deal goes ahead, Adani is saying to Queenslanders that as coal mining billionaires they are more important than the public which needs schools and hospitals. Surveys show the vast majority of regional Queenslanders do not want to hand taxpayer money to billionaire Adani for their polluting coal mine.

  2. The Queensland Government should not break its election commitment to not waste taxpayer money on Adani for a subsidy Adani claims not to need. Schools, hospitals and other essential services will be the losers if Adani gets granted a million dollar royalty deal.

  3. Queenslanders are paying to destroy the state’s natural resources. Adani has already polluted Queensland’s precious Reef and wetlands and is right now in court for providing false and misleading information to the government. They are trampling the rights of Traditional Owners. Now Queenslanders are being asked to help pay for a project which will kill the Reef, wreck water resources and see the mining and burning of coal which will drive even more dangerous climate change.

 

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