Environmental Costs Of Resource Projects - How Far Do We Go?

The process of defining the external environmental costs of mining activities, devising appropriate mechanisms to internalise them is complex and is likely to be a gradual.Australia's competitiveness could be seriously affected if , in terms of incorporating environmental costs, we were to exceed other resource producing nations.Australia has a great deal at stake in the debate and therefore we need to proceed carefully and be fully aware of the environmental and economic issues.