The Australia Institute’s submission on the Newcastle T4 project focuses on the economic assessment and highlights a number of flaws in the economic modelling.
The assessment included the use of export growth rates up to 12 times greater than through the mining boom, estimates of coal exports out to 2083, and inflated estimates of coal price, royalties, and taxes.
The NSW Department of Planning and Infrastructure has censored parts of pages 5 and 25 of The Australia Institute’s submission on the Terminal 4 coal project on their website.
Almost a page of text showing the relationship between an ‘independent’ reviewer of the project and the consultant who wrote the economic assessment was blacked out from the Institute’s submission by the Department.
To view the full submission (without any censorship) press the download button below.