The Crisafulli LNP Government has released the Pioneer-Burdekin Pumped Hydro Energy Storage Project Detailed Analytical Report.
Queenslanders can read it here.
The Government has formally stopped this project because it's not financially viable, not environmentally appropriate and the community was never consulted.
Now it can be revealed based on Treasury population projections, the cost to each Queensland household for the project would have been $15,653.
Queenslanders would have paid the price for Labor's $36 billion hydro hoax through skyrocketing power bills for decades.
The report revealed the project could not be built on time to meet Queensland's emissions targets and the incoming LNP government should consider smaller pumped hydro projects.
Steven Miles and Cameron Dick were recommended to not proceed with the project, but despite this, it became the cornerstone of their energy and jobs plan.
It is implausible the Labor caucus could even think about endorsing Steven Miles and Cameron Dick as their leadership team tomorrow.
They lied black and blue to Queenslanders right before an election and hid the true costs from taxpayers in a cost of living crisis.
This was their signature project and should never have gotten out of the starting gates.
