We recently assisted the Maules Creek Community Council with another submission – this time reviewing the economic appendix of the Tarrawonga Coal extension proposal.  The economic assessment fails to make a convincing case for the project.  Like assessment of other coal proposals in the region, net present value is overstated due to problems with scope of analysis and inadequate consideration of externalities.  The impact analysis inappropriately uses input-output modelling.  Another poor report that lends weight to our push for a revised assessment process.

Here’s the review:  Ecolarge Feb 2012 Tarrawonga submission FINAL.1