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State's largest coal expansion approved: HVO secures decades-long mine extension
The approval is projected to save 1,500 jobs and keep the mine operating until 2045, despite concerns over emissions and climate impacts.
- On Wednesday, the NSW Independent Planning Commission approved the Hunter Valley Operations extension, allowing the state's largest coal mining project to continue operating until 2045.
- HVO, a joint venture between Yancoal and Glencore, argued the full extension was essential for economic viability, supporting more than 1,500 jobs and 800 suppliers in the Hunter Valley.
- Following a review of more than 10,000 public submissions, the IPC conditioned approval on HVO maximizing renewable energy and limiting exports to Paris Agreement-consistent jurisdictions.
- Rising Tide spokesman Campbell Knox labeled the decision a 'climate policy failure,' while Natural Resources Minister Courtney Houssos emphasized the mine's importance to the state's economy.
- The Commission acknowledged that around 98 per cent of the project's 809 million tonnes of estimated greenhouse gas emissions are Scope 3 emissions from overseas coal combustion.
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Total News Sources14
Leaning Left11Leaning Right0Center2Last UpdatedBias Distribution85% Left
Bias Distribution
- 85% of the sources lean Left
85% Left
L 85%
15%
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