It’s Thursday’s news, but it bears repeating.
Peter Garrett has announced his approval of the gargantuan cotter dam expansion project.
“This is a good outcome—it provides water security for the Canberra region and at the same time the stringent conditions I have imposed will ensure that threatened species will be properly protected.” Minister Garrett said.
“The species of particular concern to me in this instance are the Murray cod and the Macquarie perch. ACTEW will fund and implement a fish management plan to ensure any impacts on the Macquarie perch are acceptable.
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“Road crossings upstream will be modified to allow access to additional spawning habitat for the Macquarie perch. ACTEW will also create and install artificial habitat suited to the species.
With the cost blowing out from an originally projected ~$100 million to ~300 million does anyone want to guess where the final price will finish up?