Money: Helen Coonan appointed Minerals Council chair as coal tensions remain - - PressFrom - Australia
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MoneyHelen Coonan appointed Minerals Council chair as coal tensions remain

02:00  26 may  2019
02:00  26 may  2019 Source:   msn.com

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Former Howard government minister Helen Coonan is appointed chair of the Minerals Council of Australia as the lobby group deals with internal Ms Coonan 's appointment , replacing outgoing chair and ABC director Vanessa Guthrie, makes her the first chair from outside the resources industry and

Former Howard government minister Helen Coonan is appointed chair of the Minerals Council of Australia as the lobby group deals with internal divisions over its position on coal and climate change.

Helen Coonan appointed Minerals Council chair as coal tensions remain© Provided by ABC Business Former Howard government minister Helen Coonan has been appointed chair of the Minerals Council of Australia (MCA), as the lobby group recasts its political relationships in the wake of Scott Morrison's surprise election victory.

Ms Coonan's appointment, replacing outgoing chair and ABC director Vanessa Guthrie, makes her the first chair from outside the resources industry and comes after major players, including BHP and Rio Tinto, have over recent years threatened to quit the council over its pro-coal advocacy.

Ms Coonan — also an independent director at Crown Entertainment and chair of the Australian Financial Complaints Authority — was endorsed as the MCA's chair shortly before Labor's unexpected election loss.

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Former Howard government minister Helen Coonan has been appointed chair of the Minerals Council of Australia (MCA), as the lobby But several big obstacles remain . Even after governments are out of the way, it will have to deal with markets and companies that aren’t keen on the project.

Coonan was appointed Minister for Communications, Information Technology and the Arts, with a seat in the Cabinet, in July 2004. It represented a change from her 2006 policy to allow the ISP to remain a neutral carrier and encourage On 1 November 2018 she commenced her role as chair of the Australian Financial Complaints "New Minerals Council chair calls for 'laser-like focus' on safety".

The ABC understands the outlook for a Labor victory and the ability to open doors in Canberra were critical factors in the selection process.

In comments that will be welcomed by Adani and other miners, Ms Coonan said one of her key priorities would be to speed up approvals of mine projects.

''If Australia is to stay in front of its global competitors in an increasingly competitive world, we must continue to push for faster project approvals, greater sustainability and reforms in a whole range of policy areas,'' Ms Coonan said in a statement.

The former lawyer, communications minister and assistant treasurer under John Howard is well connected in Canberra at a time when mining companies Adani and New Hope have spent years lobbying for coal mine approvals in Queensland.

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The Minerals Council chair , former Liberal government minister Helen Coonan , told the Guardian she did not know if She said there had been tensions with the company in the past over issues including the use of money from another industry body, Coal 21 – which shares some directors with the council

The Minerals Council has released its latest Integrated Annual Review for 2018. This Minerals Council ’s integrated annual review outlines the organisation’s progress against strategic goals and covers noteworthy events and developments in 2018.

"I am honoured to be appointed chair of the MCA at such a great time for our world-leading Australian minerals industry," Ms Coonan said.

'The MCA is widely respected throughout Australia and the world for its strong and effective advocacy for our industry, its outstanding workforce and our regional communities."

Ms Coonan will become the MCA's major voice, in addition to chief executive Tania Constable, having used her farewell parliamentary speech in 2011 to defend criticisms of the coal seam gas industry.

Unlike Ms Coonan, outgoing MCA chair Vanessa Guthrie comes from within the resources industry and is the former managing director of Toro Energy and a current non-executive director at Santos.

Ms Coonan's appointment comes as mining giants like BHP and Glencore reconsider their investments in thermal coal projects given the bleak outlook for the market and greater investor activism for better disclosure about fossil fuel exposure.

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Even Under A Coal-Loving Leader, Australia Is Leading The Charge For Renewables.
Here in Australia, record-breaking rooftop solar installations are helping the country increase its renewable energy generation. By 2030, renewables could make up more than half the electricity generated in the land down under, according to an analysis out on Wednesday from a team of researchers. Currently, coal makes up half of our energy generation. However, as Australian market analysis group RepuTex shows, that percentage will likely go down as wind and solar (including utility-run and rooftop setups) expand. That’s thanks to individual states that have set their own renewable energy targets. require(["inlineoutstreamAd", "c.

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