The Queensland Resources Council stepped up its advocacy against the environment-focused Greens ahead of an election this month in coal-rich Queensland state.
Decision to give the go-ahead to Santos Ltd.'s $2.6 billion coal-seam gas project follows a decade-long struggle with environmentalists and regulators.
Independent power producer Vistra said it would shutter seven plants, while Peabody and Arch Resources scrapped a planned JV aimed at cutting production costs.