Queensland Coal Expansion Condition and Trend Analysis for the Queensland Coal Industry

Planting Trees, Changing Light-bulbs The carbon offset of planting 1 million trees … would be completely negated by the emissions of the Queensland coal industry in under 7 hours. The annual carbon offset from changing 20 million light bulbs from a 60-watt incandescent light bulb to a compact fluorescent... is completely negated by the Queensland coal industry in 32 hours.

The carbon offset of planting 1 million trees …

would be completely negated by the emissions of the Queensland coal industry in under 7 hours.

The annual carbon offset from changing 20 million light bulbs from a 60-watt incandescent light bulb to a compact fluorescent...

is completely negated by the Queensland coal industry in 32 hours.

BP Global Choice Initiative “ We’re leading our competitors with this unique programme, which is achieving major success each year. To date, we’ve offset over 2 million tonnes of greenhouse gas through the BP Global Choice™ initiative. Seven years after launch, our BP Global Choice™ programme had made a reduction in greenhouse gas equivalent to taking over 400,000 cars off the road.” This entire effort is negated by the emissions of the Queensland Coal Industry in less than two days (46.3 hours). This means that this “unique programme” would have to run for 1,324 years to offset the emissions from Queensland coal for just one year.

“ We’re leading our competitors with this unique programme, which is achieving major success each year. To date, we’ve offset over 2 million tonnes of greenhouse gas through the BP Global Choice™ initiative. Seven years after launch, our BP Global Choice™ programme had made a reduction in greenhouse gas equivalent to taking over 400,000 cars off the road.”

This entire effort is negated by the emissions of the Queensland Coal Industry in less than two days (46.3 hours).

This means that this “unique programme” would have to run for 1,324 years to offset the emissions from Queensland coal for just one year.

Taking Every Vehicle Off The Road 11.4 million vehicles for one year (ABS Release: 9309.0 - Motor Vehicle Census, Australia, 31 Mar 2007) Equivalent of shutting down the coal industry in Queensland for just 47 days…

11.4 million vehicles for one year (ABS Release: 9309.0 - Motor Vehicle Census, Australia, 31 Mar 2007)

Equivalent of shutting down the coal industry in Queensland for just 47 days…

Australian Reserves of Black Coal

Queensland Summary Statistics $17.9 billion $16.3 billion $17.8 billion Value of Exports 17,394 (March) 18,243 18,687 Employment 150.63Mt 153.36 Mt 142.86 Mt Exports (Mt) 170.38Mt 183.28Mt 171.9Mt Saleable Production (Mt) 2007-08 2006-07 2005-06

Queensland Coal Production

Queensland Production

Destination of Queensland Coal

Export Markets for Qld Coal

Export Value of Coal

Export Value of Coal

2008-2009 Projections With modest increased volume 7% in metallurgical coal 6% in thermal coal Increased Export Value From $26.6b - $54.9b in 12 months

With modest increased volume

7% in metallurgical coal

6% in thermal coal

Increased Export Value

From $26.6b - $54.9b in 12 months

Queensland Government Response Increase the royalty on coal exports from 7% to 10% for export value over $100 (as of 1 st July) Anticipated revenue from coal royalties up from $1.02 billion to $3.21 billion Coal in Queensland to become around 9% of total state government revenue stream

Increase the royalty on coal exports from 7% to 10% for export value over $100 (as of 1 st July)

Anticipated revenue from coal royalties up from $1.02 billion to $3.21 billion

Coal in Queensland to become around 9% of total state government revenue stream

Expansions to Port Capacity

Projected Port Capacities

Queensland CoalRail Capacity and Projections

Expansion of Production Currently 40 operational mines in Qld 28 advanced coal projects 17 new mines 11 expansions of existing mines 38 less advanced coal projects under assessment Not exhaustive, but considered by State Government as ‘of interest’

Currently 40 operational mines in Qld

28 advanced coal projects

17 new mines

11 expansions of existing mines

38 less advanced coal projects under assessment

Not exhaustive, but considered by State Government as ‘of interest’

Coal Exploration and Development

Contribution of Coal Industry to Greenhouse Gas Emissions Current CO2 Emissions of Queensland Coal Industry 378 Million Tonnes per Annum Projected CO2 Emissions of Queensland by 2025 Assuming 370Mt/a target and 1.3% growth in domestic demand 848 Million Tonnes per Annum

Current CO2 Emissions of Queensland Coal Industry 378 Million Tonnes per Annum

Projected CO2 Emissions of Queensland by 2025

Assuming 370Mt/a target and 1.3% growth in domestic demand

848 Million Tonnes per Annum