westozwind said..
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Massive mineral wealth has been kept under lock and key....
I work in that industry so I'm not exactly a greenie. One of the jobs I've done is making plans on how to best dig up 4000 hectares of nature reserve in QLD. It would be offset with 10,000 hectares of 'similar' bushland next door... but how are all the animals that make up an ecosystem supposed to magically transport themselves 50kms to their new home? That's a question these offset schemes forget.

Minerals require big infrastructure which Tassie doesn't have. Everything would have to come in by ship, at big extra cost. Economies of scale wouldn't work there because you would be starting from scratch. I mean for example the bowen basin coal deposit is bigger than the whole of tassie (by my eye) and it's riddled with heavy rail tracks, highways and airfields for FIFO, and has access to 5 or 6 coal ports in case 1 goes down. Supply and product lines are established, along with equipment spares, contractors, suppliers, trained workers, regulators, accomodation, etc.
From Tassie the product would have to be shipped to Woolongong type area before you could compete dollar for dollar with coal going north from NSW. Unless it was of remarkable quality (best in the world) then the $$ wouldn't stack up for this to happen - bowen basin coal is already up amongst the best on the market in terms of quality.
Anyway, I've got family in Launceston, been twice and again this xmas. Love the beaches, food, traffic but I couldn't deal with the cold. We were standing on a beach in december at midday in jeans and jumpers. Nuff said.