Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

I am also aware of figures produced by ABARES which show that the total investment pipeline for coal related projects was some $70 billion worth of projects as at April 2011—some 19 coalmine projects committed or under construction, expected to add around 60 million tonnes per year of additional mine capacity by the end of 2014, and a further 68 mine projects in the coal pipeline awaiting approval. The only person talking about death to the coal industry is Mr Abbott.