Oct 27, 2020

Collinsville power funding survives another attack

Collinsville power funding survives another attack

A federal Labor bid to block government funding for a business case for Shine Energy’s proposed Collinsville coal-fired power plant has failed.

Labor energy spokesman Mark Butler moved that the funding process be disallowed, describing it as a rorted process to hand over taxpayer money to back a project that was entirely without merit and that no bank would touch with a barge pole.

The unsuccessful disallowance motion to strip more than $3 million in funding promised by the Coalition government for the study came less than two months after a similar vote was shut down in the Senate.

Federal Resources Minister Keith Pitt said the attempt to block the proposal showed how much Labor and the Greens held regional Queenslanders and the mining sector in contempt when it came to providing new job and economic opportunities.

“In the lead-up to the 2019 election, the Coalition promised to commit funding to a feasibility study into a possible new coal-fired power station at Collinsville and we are simply trying to fulfil that commitment,” he said.

“Labor’s blind adherence to the Greens ideology at both state and federal levels will destroy job and economic opportunities throughout Queensland.”

Indigenous-owned company Shine Energy is proposing to build a new 1000MW HELE (high efficiency, low emission) coal-fired plant at Collinsville at a cost of about $2 billion.