If something sounds too good to be true, it probably is.
Last week, Port Waratah Coal Services (PWCS) chief executive Hennie du Plooy said in the Newcastle Herald that the proposed Terminal 4 project (T4) would “inject $770million a year into the regional economy during construction and another $418million a year” when operating.
I don’t believe this is correct.
Related documents
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
Burning homes and rising premiums: why fossil fuel companies must pay the bill
Another summer, another round of devastation: homes lost, communities evacuated, lives upended.
Colombia fossil fuel meeting presents more gas policy headaches for Australian government
While dealing with political problems over gas in Australia, federal government representatives are also attending the world’s first meeting to transition away from fossil fuels.
Australian fossil fuel subsidies growing faster than NDIS, hitting $16.3 billion in 2025-26
Australian state and federal governments provided $16.3 billion in subsidies to fossil fuel producers and major users in 2025-26, according to new research from The Australia Institute.


