Billionaire Drops Australia Coal Mine Appeal in Blow for Sector
- Galilee Coal Project would have been nation’s biggest mine
- Decision to drop appeal casts doubt over future coal projects
This article is for subscribers only.
Australia’s A$133 billion ($92 billion) coal export sector suffered another blow after billionaire Clive Palmer’s Waratah Coal Inc. withdrew an appeal to open what would have been the country’s biggest mine.
Waratah will no longer appeal a groundbreaking ruling by the Queensland Land Court in November that the project’s emissions would threaten human rights, said the Environmental Defenders Office, the law firm that represented the plaintiffs, citing a filing to the Supreme Court of Queensland on Friday. Waratah Coal didn’t immediately respond to a request for comment on Monday.