Glencore stands by climate goal, mine plan
Anglo-Swiss multinational Glencore insists its proposed
Valeria coalmine in Queensland will not upset ambitions for net-zero carbon
emissions by 2050.
Glencore is undertaking a range of studies and assessments
on Valeria to support the state and federal approvals process for the project.
"The development of any coal project, including
Valeria, will take into account Glencore's climate change strategy and stated
emission reduction targets," the company told AAP on Monday.
Glencore has committed to reducing emissions by 15 per cent
by 2026, halving emissions by 2035 and being a net-zero total emissions
business by 2050.
The Valeria Coal Holdings project within the Central Highlands
is expected to produce up to 20 million tonnes per annum for 35 years.
The open cut metallurgical and thermal coalmine, 27km
northwest of Emerald and 270km west of Rockhampton, would require a 300-bed
accommodation camp, access road, rail line, water supply pipeline, power and
communications infrastructure.
Environmental activists are already gearing up to oppose the
mine, although Glencore is yet to reach a final investment decision.
Lock the Gate spokeswoman Ellie Smith said the six pit open
cut mine would destroy more than 10,000 hectares of land near Capella - a key
agricultural region where wheat, sorghum, and beef are produced.
The rail line and other infrastructure would impact a
further 12,000 hectares, including prime farmland and important habitat for at
least 17 threatened species or ecological communities, including the koala and
greater glider, she said.
"If the Morrison and Palaszczuk governments approve
this project, they will have no hope of meeting their stated emissions
reduction targets. That means yet more extreme weather for Queenslanders,"
she said.
"There is clearly no justification for approving this
coalmine."
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