Source: New Zealand Minerals Council
Coal isn’t going anywhere, despite the Green Party’s attempts to cancel it and risk tanking the New Zealand economy, says New Zealand Minerals Council chief executive Josie Vidal.
“We were pleased to see sense prevail in Parliament today when a member’s bill aiming to cancel coal was rejected at first reading,” Vidal says.
“Coal (metallurgical) is on the New Zealand critical minerals list given its importance to exports and to producing steel both in New Zealand and internationally.
“Thermal coal is responsible for keeping many industries running and New Zealand coal will be part of the firming supply at the Huntly power station that keeps the lights on when renewable energy can’t meet demand. Thermal coal’s contribution to the economy is noted in the Minerals Strategy for New Zealand to 2040.
“We cannot afford to see any more manufacturing plants close in this country, partly because of the high cost of electricity. Households are also sick of the high-power prices and want to see secure, affordable electricity. Coal is essential to manufacturing and manageable power prices.
“Coal mining is a productive part of our economy providing well-paid jobs and contributing to communities where there are mines.
“We need to see cross-party support for this vital industry and to say goodbye to the dated ‘no new mines’ trope.
“Forcing the exit of coal mining before coal users have access to affordable, accessible and reliable alternatives undermines national energy security, as well as our domestic and export economies.
“It is time to move on and have reasoned conversations about the value of mining in New Zealand and the role coal has to play,” Vidal says.
