General
Crooked Consulting: EY and Deloitte spruik climate on one hand, the explosion in new coal projects on the other
How is it that coal demand is falling globally but, in NSW alone, there are 23 new coal mine proposals on the books, almost half of which were added in 2020?
Flawed advice from consultants has a lot to do with it says Rod Campbell, chief economist at progressive think tank The Australia Institute which has just modelled the coal markets and found “wildly optimistic forecasts”.
In discussing the report, One Step Forward, Two Steps Back with Michael West Media, Campbell highlighted the role of the usual suspects within the consultancy sector in pushing for new coal projects:
“It’s amazing [how] companies like Ernst & Young that talk about ‘the need to embrace the climate emergency’ are also prepared to knowingly inflate the…
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