The proposal would prohibit any new gas fields, coal mines, gas plants or coal stations. This includes preventing any expansion of any existing gas fields (onshore and offshore) or coal mines that are currently in operation. The proposal would mean that any new coal and gas projects that have been publicly announced, but not yet committed to, would no longer be permitted to commence.
This would be implemented by cancelling existing mining licences or by not approving new licences under the corporations power without compensation, noting that these licences are not proprietary rights and the Australian Government would merely cancel the legal rights that it bestows.
This proposal would commence on 1 June 2022.