Abbot Point Environmental Offsets Raise Concerns

News of Adani’s precarious financial position in The Financial Review calls into question how environmental conditions attached to the Abbot Point coal port expansion approval will be funded.

“It’s incredibly concerning that not only do the Abbot Point offsets appear impossible to achieve and are unlikely to be enforced but there might not even be the money to pay for them,” Senator Larissa Waters, Australian Greens environment spokesperson, said.

“Ludicrously, the Abbott Government approved the world’s largest coal port in the Great Barrier Reef saying that all of the damage would be offset even though internally the Great Barrier Reef Marine Park Authority warned that would be unachievable.

“Just how the damage of dumping 5 million tonnes of dredge spoil into the Great Barrier Reef will be offset has not even been figured out yet. The project was approved without the offsets plan, which has still not been made public.

“What’s more, the Abbott Government is cutting more and more staff from the Environment Department so that it will have even less capacity to enforce compliance with environmental offsets.  

“There’s no doubt that trying to offset the damage of dumping millions of tonnes of dredge sludge into a World Heritage Area would be incredibly expensive.

“But the Abbott Government has approved the coal port expansion without any guarantee that the money will be there to pay for the offsets, despite Adani’s track record of noncompliance with environmental conditions in India.

“Adani and GVK should release just how they plan to achieve the offsets and how they will pay for those offsets before proceeding any further with the Abbot Point project,” Senator Waters said.

Press Release, June 30, 2014

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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