Coal companies to reap billions more in taxpayer diesel subsidies as Labor approves new mining

The Guardian 1 min read 4 hours ago

<p>Albanese government under pressure to wind back fuel tax credit scheme for multinational miners as analysis shows cost to budget</p><ul><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl">daily news podcast</a></p></li></ul><p>Coal companies could receive an extra $6.2bn in taxpayer refunds for the diesel they use if the Albanese government greenlights just half the mine developments up for approval.</p><p>The finding, in <a href="https://www.energyresourceinsights.com/reports/260603-diesel-consumption-of-proposed-coal-projects.pdf">an analysis</a> released by activist group Lock the Gate, comes as the government faces an internal campaign before next month’s Labor party national conference to commit to winding back a fuel tax credit scheme for multinational miners.</p> <a href="https://www.theguardian.com/australia-news/2026/jun/22/mining-tax-credit-scheme-coal-companies-subsidies-taxpayer-refunds-diesel">Continue reading...</a>
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