Planned EPA measures put billions at risk in WA

Tens of billions of dollars in new resource projects will be at risk after Western Australia’s Environmental Protection Authority announced tough new measures around carbon dioxide emissions.

The Australian is reporting the EPA, which makes recommendations to the WA government about whether major projects should proceed, revealed new requirements for companies to demonstrate how they would offset all emissions from their developments.

The new regulations will affect planned projects such as Woodside Petroleum’s $US11 billion ($15.6bn) Scarborough gas project and its $US20.5bn Browse development, as well as existing projects such as the $US34bn Wheatstone LNG plant and the $US54bn Gorgon LNG plant.

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