Tag: Export-Import Bank of the United States

Great Barrier reef at risk from energy development

Fracking near the Great Barrier Reef? Say it ain’t so …

Environmental groups sue to block financing plans by U.S. Export-Import Bank

By Summit Voice

Conservation activists are suing to block the U.S. Export-Import Bank to finance a natural gas operation near Australia’s Great Barrier Reef. The groups claim the plan violates the Endangered Species Act, National Environmental Policy Act and the National Historic Preservation Act, which implements U.S. obligations under the World Heritage Convention.

The legal challenge is an effort to bock nearly $3 billion in financing for two massive liquefied natural gas facilities that could threaten dugongs, sea turtles, saltwater crocodiles and numerous other protected marine species within the Great Barrier Reef World Heritage Area. Continue reading “Great Barrier reef at risk from energy development”