The Economics and Governance Committee of Queensland Parliament tabled its report No. 6, 56th Parliament - Mineral and Energy Resources (Financial Provisioning) Bill 2018 on 20 April 2018. Improvements are still needed.
The Committee recommended the Bill be passed without further amendment. The Bill proposes to improve the financial provisioning and rehabilitation framework for mines in Queensland, to better serve the State’s financial interests and provide better community involvement in decisions around rehabilitation of mine sites during the assessment stage.
Improvements are still needed to ensure proponents have a strong, clear obligation to rehabilitate their sites, rather than the loopholes the Bill allows for proponents to not rehabilitate the site if it would be too costly and the harm would be limited to the mine site. Why should miners be allowed to leave their sites damaged such that they can no longer be used for other activities into the future, when proponents should include costs of rehabilitation in their financial planning from the start?
The new framework is set to be introduced from 1 July 2018.
Contact your local state member to ask that loopholes, which allow proponents to not rehabilitate sites, be closed.