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Showing 1 - 2 of 2 matches in All Departments
'We think we are the lucky country, but what we really have is dumb luck - too much luck, more than we know what to do with.' - Paul Cleary In Too Much Luck, Paul Cleary shows how the resource boom, which seems a blessing, could well become a curse. We have never seen a boom quite like this one. Under-taxed and under-regulated, multinational companies are making colossal profits by selling off non-renewable resources. New projects are being rushed through weekly, but who is looking out for the public interest? As the boom accelerates, it will drive the dollar higher and higher, and force up the cost of doing business for everyone else. Industries that involve many jobs, such as tourism and education, will fade away. What happens if commodity prices suddenly collapse, as they have in the past? Or worse, when the resources run out? Many countries before us have been caught by the resource trap: a heady period of boom and growth, followed by a painful bust. Paul Cleary maps out the pitfalls, counts the human and environmental costs, shows what has worked overseas and suggests a better way forward - one which would turn this one-off windfall into a lasting legacy.
'It is not a case of governments and companies putting royalties and profits before people; instead it is as though people don't matter at all ...' In Mine-Field, Paul Cleary counts the true cost of Australia's mineral addiction. Whether it be coal-seam gas, LNG or coal mega-mines, a resources rush is happening in just about every productive corner of our country. Yet at the same time oversight and regulation have been hollowed out. High-risk projects are being approved without proper assessment of the long-term consequences. Water resources, farmland and national parks are under threat, and people, communities and industries are being steamrolled. A ground-breaking piece of reporting by the author of Too Much Luck, Mine-Field plots the dubious networks created and greased by mining companies to get their projects through, and exposes regulatory gaps that must be addressed to prevent enormous and irreversible harm to our society and environment. 'Mine-Field provides a warts-and-all, no-holds-barred view of Australia's mining industry. It is a must-read for anyone making an informed judgement on where our nation is going.' Tony Windsor 'This important book is compelling in its storytelling and chilling in its facts. It storms into the mining debate with a clarion call for more effective regulation. If you read it, you can't help joining the chorus.' Geoff Cousins
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