Australia to Appeal Climate Ruling That Threatens Fossil Fuels
Matthew Burgess, Bloomberg News A stacker-reclaimer next to a stockpile of coal at the Newcastle Coal Terminal in Newcastle, New South Wales, Australia, on Friday, March 26, 2021. The one-in-100 year flooding event in Australia in recent days forced coal producers from Glencore Plc to Yancoal Australia Ltd. to cut output, while Whitehaven Coal Ltd. said there is a backlog of ships at the key Port of Newcastle export terminal. Photographer: Brendon Thorne/Bloomberg , Bloomberg
(Bloomberg) Australia will challenge a court ruling that orders the government to consider climate change impacts from a planned coal mine expansion, a decision seen as clouding the prospects for any new fossil fuels projects.