cover image: Submission on Restart of Redbank Power Station - The Redbank proposal appears driven by short-term

20.500.12592/6djhh6q

Submission on Restart of Redbank Power Station - The Redbank proposal appears driven by short-term

11 Apr 2024

(p10) In other words, the EIS assumes that the emissions of the project will be counted in the land sector and do not need to be considered in project assessment. [...] The flawed methodology behind these calculations is discussed further below, but the point is that the EIS considers the emissions from Redbank to be the responsibility of other industries, but at the same time jobs and output in other industries should be credited to Redbank. [...] The process and feasibility of securing the alternative fuel supply to operate the plant is beyond the scope of Marsden Jacob’s engagement. [...] The The Australia Institute 8 court accepted that the likely number of jobs created would be closer to zero and described the methodology as “deficient”.11 Input-output modelling is described by the Australian Bureau of Statistics (ABS) as “biased”,12 and by the Productivity Commission as being widely “abused”.13 The key reason an input-output assessment of the Redbank project will be biased is th. [...] The actual impact is likely to be dependent on the extent to which the economy is operating at or near capacity.14 As the Redbank economic appendix notes (Figure 6), unemployment is low in NSW, the Hunter region and in Singleton in particular.

Authors

Mark Ogge

Pages
10
Published in
Australia