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Page 10 - குயின்ஸ்லாந்து வளங்கள் சபை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Glencore s transition plan translates into nine new coal mines and expansions

27 April 2021 Later this week, shareholders in Glencore will vote on the company’s climate transition plan, otherwise known as a ‘Say on Climate’. Glencore joins just a handful of other companies, including oil majors Royal Dutch Shell and Total, in giving its shareholders a vote this year. In all likelihood, shareholders will vote in favour of Glencore’s climate strategy. It is an awkward situation: the first Say on Climate vote for a globally material emitter will likely rubber stamp plans for at least nine new or expanded coal mines in NSW and Queensland. Glencore’s coal expansionism Glencore, the world’s largest coal producer, placated climate-conscious investors in early 2019 by announcing a “cap” on coal production. It committed to limiting coal production to its 2019 production levels of 145 million tonnes per annum.

Resources and ag sectors welcome State Govt promise to intervene if extended COVID laws unfairly lift council rates

Three peak bodies have joined forces to welcome an assurance by the Queensland Government it can use existing powers under the Local Government Act to defend their industries from ‘unfair and inequitable’ council rate increases. An increase in rates could potentially be levied under a proposed amendment to new COVID-19 laws introduced last year, which are due to be debated in Parliament this week. Queensland Resources Council (QRC), Queensland Farmers’ Federation (QFF) and AgForce representatives appeared before the government’s Economics and Governance Committee inquiry into new COVID-19 legislation over the past month, providing a joint submission to speak against a draft provision to extend councils’ ability to increase rates outside the standard, annual budgetary process. 

Emerging hydrogen industry on radar for 60% of QLD CEOs

Premium Content Subscriber only The emerging hydrogen industry is being embraced by Queensland CEOs, with more than 60 per cent considering hydrogen-related business opportunities, a report reveals. Gladstone is poised to play a leading role in the industry, with the development of Hydrogen Park Gladstone and the national export role of the city’s port. The MoU was signed by Japan’s Sumitomo Corporation, Gladstone Ports Corporation, Gladstone Regional Council, CQUniversity and the Australian Gas Industry Group. Queensland Premier Annastacia Palaszczuk met with state member for Gladstone Glenn Butcher and minister for state development, manufacturing, infrastructure and planning Cameron Dick at Northern Oil Refinery to announce the Queensland Government s new hydrogen plan.

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