17/6/08
The Tasmanian government is under pressure from the Greens to reject Gunns Ltd’s request to extend a construction deadline that is part of an agreement critical to the company’s controversial Tamar Valley pulp mill. Treasurer Michael Aird said today Cabinet would decide if it will extend a construction start-up deadline in its sovereign risk agreement with Gunns to November 30 this year. The previous deadline under the agreement, which provides government protections for the $2 billion project, was June 30. “Departmental advice on this matter is currently being sought,” Mr Aird said. “The matter will then be considered by Cabinet.”
See: http://www.theaustralian.news.com.au/story/0,25197,23881635-26103,00.html
Tags: Australia, Environment