Andrew Forrest company drops WA Canning Basin gas exploration plans over climate concerns
by Lisa Cox from Environment | The Guardian on (#5NDXC)
Squadron Energy says the move is part of efforts to ensure its projects support the transition to a low carbon economy
Andrew Forrest's Squadron Energy is abandoning its plans for gas exploration in Western Australia's Canning Basin because the project does not align with the company's climate policy.
The company has confirmed it is exiting from its permit 499 in the Kimberley, which it acquired last year in partnership with Goshawk Energy.
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