MORE COALRUPTION Documents obtained under freedom of information show that the previous Labor government demanded $800,000 a year in “biodiversity offsets” from GVK Hancock due to the environmental impact of its proposed coal terminal in Queensland. But the documents state GVK Hancock considered this amount “excessive” and put in a counter-offer of $375,000 a year. The government acquiesced to this bargaining, with a figure of $600,000 a year eventually deemed an “adequate” amount. This change meant that $50,000 a year, rather than $100,000 a year, would be given to the Great Barrier Reef marine park authority to help manage the reef’s world heritage area. The rest of the money was given to fund Indigenous rangers and conservation projects. GVK Hancock, which will be spending around $10bn on the coal project, requested that the offsets strategy be delayed until after the project began. theguardian/environment/2014/aug/20/criticism-over-great-barrier-reef-deals-for-gina-rineharts-mining-company
Posted on: Thu, 21 Aug 2014 21:38:16 +0000
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