Friday, August 3, 2012

Lawsuit Launched Against Multi-billion-dollar U.S. Subsidy of Fossil Fuel Projects in Australia's Great Barrier Reef | Common Dreams

Lawsuit Launched Against Multi-billion-dollar U.S. Subsidy of Fossil Fuel Projects in Australia's Great Barrier Reef | Common Dreams:

Three conservation groups initiated a legal challenge today to the U.S. Export-Import Bank’s nearly $3 billion in financing for two massive fossil-fuel facilities in Australia’s Great Barrier Reef. Construction and operation of the liquefied natural gas (LNG) facilities will threaten dugongs, sea turtles, saltwater crocodiles and numerous other protected marine species within the Great Barrier Reef World Heritage Area.

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