Finding Wally is easier than finding information on royalty and tax rates used in the Wallarah2 EIS economic assessment.

We made a submission to the EIS of the Wallarah 2 coal project proposed for near Wyong on the NSW Central Coast.  Our submission relates to the economic assessment of the project by Gillespie Economics.  Our concerns centred around:

• Calculations of NSW and Australian benefits
• Lack of transparency around calculations of royalty and tax revenues
• Misleading use of a “social value” of employment
• Lack of consideration of potential external impacts in cost benefit analysis
• Use of input output modelling for project justification

You can read the whole thing right here!

Ecolarge Jun 2013 Wallarah 2 submission FINAL

UPDATE – someone must have read it!  Rod was interviewed on ABC Central Coast by Scott Levi about the submission this morning!