Business
IAG withdraws support for raising Warragamba dam wall – The Guardian
Insurance Australia Group says ‘significant cultural heritage sites and important natural habitats’ could be damaged
Insurance Australia Group no longer supports raising the height of Warragamba dam because of the probable loss of significant cultural heritage sites and natural habitats.
IAGs chair Elizabeth Bryan announced the decision to pull back from its initial support at the companys annual general meeting on Friday.
After discussions with the Colong Foundation for Wilderness and other bodies, Bryan said it was clear raising the dams height could result in the destruction of important artefacts and large…
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