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Cost of stopping new coal and gas projects in freefall, costings reveal

2016-04-04 23:15:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: As the fossil fuel industry appears increasingly shaky, the cost to the federal budget of stopping all new coal and gas projects in Australia has plummeted costing less than 20% of what it was estimated to just 2.5 years ago, according to official parliamentary costings seen by Guardian Australia. The Greens have a policy of approving no new thermal coal or unconventional gas projects in Australia. That includes new mines, as well as expansions to existing mines. In 2013 the party obtained...

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