$6B Aussie Coal Project Gets Nod Over Enviros' Objections

Law360, New York (March 27, 2012, 5:43 PM EDT) -- An Australian court on Tuesday greenlighted Xstrata PLC's proposed AU$6 billion ($6.3 billion) Wandoan Project — one of the world's largest coal mines and the biggest in Australia — over the objections of environmentalists and local land owners who claim the mine will fuel climate change.

While the Wandoan Project will undoubtedly produce greenhouse gases, the 30 million-metric-ton-per-annum mine will have a comparatively minor impact on the environment, Land Court of Queensland President Carmel Anne Catherine MacDonald said in an order Tuesday recommending Xstrata and its...
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