The Environmental Defenders Office has rejected concerns it is headed for collapse despite admitting that its $9 million failed legal action against gas giant Santos had raised questions over its future.
The taxpayer-funded green law charity said it had secured a $6.5 million interest-free loan to keep it afloat after posting an $8.6 million loss following its unsuccessful attempt to stop Santos’ Barossa gas project in the Northern Territory.
Source: https://www.afr.com/policy/energy-and-climate/edo-rejects-bankruptcy-fears-after-9m-santos-court-flop-20250131-p5l8m6