Sanity prevails with Adani approval - Ai Group Comment

"It is pleasing to see that sanity has finally prevailed in the decision-making process on the Adani mine," Australian Industry Group Queensland Head Shane Rodgers said today.

"Ultimately there is nothing particularly special about the Adani proposal. It is an application to establish a mine in a state with a long history of mining and a heavy reliance on mining royalties to balance its books and support living standards. Adani deserved to be treated like any other company in these circumstances.

"Aside from the merits of the project itself, this issue was being watched carefully by business and investors in Australia and overseas as a case study on the transparency and consistency of decision-making in Queensland. Investors in the State need to be certain that their investment is welcome here and there is a level playing field for everyone.

"Over time the energy mix will change, as will mining economics. In the meantime we need to make rational, timely decisions that support the investment climate in the State. We cannot let the extremes of philosophical discussion derail a sensible approach to transitioning industry in a way that supports the livelihoods of families and addresses important environment and climate change issues," Mr Rodgers said.

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