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Australia: Latrobe coalmines not paying enough for cleanup: Hazelwood fire inquiry

2016-04-14 10:41:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The fourth and final report into Victorias Hazelwood coalmine fire in 2014 has highlighted a looming national problem: the huge cost of rehabilitating mines when they close. The mine fire inquiry found rehabilitation bonds paid by the three open-cut coalmines in the Latrobe valley, east of Melbourne, were much lower than the real cost of cleaning up the sites if mining operators defaulted on their obligation to do so. It urged an immediately increase in the bonds of tens of millions of dollars...

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