Coal companies to reap billions more in taxpayer diesel subsidies as Labor approves new mining
Treasury has forecast the diesel subsidy will cost $47bn over the next four years. Photograph: Jessica Hromas/The GuardianView image in fullscreenTreasury has forecast the diesel subsidy will cost $47bn over the next four years. More than $1bn a year goes to coalmine operators.Energy & Resource Insights, a consultancy created by the Sunrise Project, a climate advocacy organisation, said another 45 coal mining developments were proposed in New South Wales and Queensland.
- ▪Treasury has forecast the diesel subsidy will cost $47bn over the next four years.
- ▪Photograph: Jessica Hromas/The GuardianView image in fullscreenTreasury has forecast the diesel subsidy will cost $47bn over the next four years.
- ▪More than $1bn a year goes to coalmine operators.Energy & Resource Insights, a consultancy created by the Sunrise Project, a climate advocacy organisation, said another 45 coal mining developments were proposed in New South Wales and Queens
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| Original publisher | the Guardian |
| Canonical URL | https://www.theguardian.com/australia-news/2026/jun/22/mining-tax-credit-scheme-coal-companies-subsidies-taxpayer-refunds-diesel |
| Publication time | Sun, 21 Jun 2026 15:00:36 GMT |
| Retrieval time | 2026-06-21T15:17:28.208Z |
| Last seen | 2026-06-21T15:17:28.208Z |
| Headline source | Publisher (no WeSearch rewrite) |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
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| Publisher visit | Yes — open original |
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| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
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Treasury has forecast the diesel subsidy will cost $47bn over the next four years. Photograph: Jessica Hromas/The GuardianView image in fullscreenTreasury has forecast the diesel subsidy will cost $47bn over the next four years. Photograph: Jessica Hromas/The GuardianAustralian politicsCoal companies to reap billions more in taxpayer diesel subsidies as Labor approves new miningAlbanese government under pressure to wind back fuel tax credit scheme for multinational miners as analysis shows cost to budget Get our breaking news email, free app or daily news podcast Adam Morton and Dan Jervis-BardySun 21 Jun 2026 11.00 EDTLast modified on Sun 21 Jun 2026 11.02 EDTSharePrefer the Guardian on GoogleCoal companies could receive an extra $6.2bn in taxpayer refunds for the diesel they use if the…
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