Yesterday the Federal Minister for Resources and Energy, Martin Ferguson, announced withdrawal of $100 million funding for the HRL proposed coal gasification 600MW power station in the La Trobe Valley.
Environment Victoria and other Environment groups like Quit Coal, Greenpeace, Climate Action Moreland, who have been fighting the proposed power station, have claimed the withdrawal of federal funding as a major win in their campaign to stop new coal fired power stations being built. The $100 million funding was promised by the Howard Government if certain project milestones were met, which the company has not been able to fulfill.

