BalpeenHammer@lemmy.nz to

NZ Politics@lemmy.nz · 7 days ago

All of Govt's 2024 coal earnings spent treating damages at a single mine

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All of Govt's 2024 coal earnings spent treating damages at a single mine

BalpeenHammer@lemmy.nz to

NZ Politics@lemmy.nz · 7 days ago

7

The Stockton mine is hoping for a fast-tracked 25-year extension, as historic damages are costing the Crown more than it earns from all coal mine royalties

drill baby drill!

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BalpeenHammer@lemmy.nzOP
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Tax is collected on the company’s profits, royalty is collected on revenue.
- absGeekNZ@lemmy.nz
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  Thanks.

NZ Politics@lemmy.nz

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