True Cost of Queensland’s Axed Hydro Project Revealed to Be Over $36 Billion

The new LNP government moved to axe the project upon winning office last weekend.
True Cost of Queensland’s Axed Hydro Project Revealed to Be Over $36 Billion
Water being released from the EJ Beardmore dam into the Balonne river near St George, south-western Queensland, Australia on Feb. 26, 2020. AAP Image/Dan Peled
Naziya Alvi Rahman
Updated:
0:00

Newly elected Queensland Premier David Crisafulli has criticised the former Miles government for not being clear about the soaring costs of the proposed Pioneer-Burdekin pumped hydro scheme, which has been revealed to cost $36.77 billion, instead of the original estimation of $12 billion—three times the initial forecast.

Within his first week in office, Deputy Premier Jarrod Pieter Bleijie announced the cancellation of the project.

Naziya Alvi Rahman
Naziya Alvi Rahman
Author
Naziya Alvi Rahman is a Canberra-based journalist who covers political issues in Australia. She can be reached at [email protected].
Related Topics