The Last Man Standing

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We are so close to delivering a knockout blow to Adani’s Reef-wrecking mine. But Labor’s decision is not enough. Tim Nicholls and the LNP must also commit to vetoing the taxpayer loan. Email him now.

No $1B loan

What a moment! On Friday the Queensland Premier Annastacia Palaszczuk announced she would use the Queensland Government’s veto power to stop the Federal government giving a $1 billion loan of our taxes to Adani, through the Northern Australian Infrastructure Facility (NAIF).

This is a game changer and it’s thanks to you, and the power of the people. The Premier wouldn’t have acted without sustained pressure from the community. You showed her that Queenslanders won’t stand for our taxes being given to Adani, and that we hold our governments to the promises they make.

But the loan cannot be vetoed yet. The Queensland Labor Government is in caretaker mode while the election plays out. This means that they cannot veto the loan before election day, unless they get bipartisan support from the Liberal National Party (LNP).

We now have a critical chance to stop the loan once and for all, if we can get the LNP to commit to veto the loan as well. Can you email LNP party leader Tim Nicholls and ask him to veto the loan?

Why is the $1 billion loan so important to Adani?

Adani hasn’t got the money to pay for their dirty coal mine and rail line. Adani Group has a $2 billion debt to repay on the Abbot Point Coal terminal, and they need this loan to convince foreign investors to help them pay it off. Losing this loan will jeopardise Adani’s chances of ever getting the money they need.

Stopping this loan could be the pivotal move that topples the coal mine and saves our precious Great Barrier Reef.

The Premier’s decision is a monumental shift - the first sign of change from Labor. It proves that it IS possible to get the parties to change their position on Adani. If Tim Nicholls and the LNP commit to a veto as well, it could be the end of this coal mine.

The Queensland government has the power to stop the loan. The law requires that the money from NAIF must be facilitated by state governments, who have full veto power to stop the loan. Without the support of Queensland, the Australian government cannot give $1 billion to Adani.

LNP party leader Tim Nicholls can stop the loan for good. Ask him to veto the loan.

We are so close to scoring a massive blow to Adani. Let’s keep it up.

Yours for the Reef,

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P.S. Reef scientists say the next five years are critical for our Reef. The next Queensland government must fight for its future. All political parties must commit to Stop Adani getting their hands on our taxes and our Reef. Ask Tim Nicholls to veto the NAIF loan.

 
Australian Marine Conservation Society :
PO Box 5815, West End Qld 4101, Australia Wide
07 3846 6777
1800 066 299
Australian Marine Conservation Society
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