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In late July 2012 the Federal Minister for Resources and Energy, [[Martin Ferguson]], announced that, after four extensions granted to HRL to comply with conditions of a $100 million funding agreement, the government had decided to withdraw funding as the company "did not meet the required conditions set out in the funding deed."<ref>Martin Ferguson, [http://minister.ret.gov.au/MediaCentre/MediaReleases/Pages/DualGasProject.aspx "Funding not Proceeding for Dual-Gas Project"], Media Release, July 27, 2012.</ref> The decision was welcomed by environmentalists. Environment Victoria Campaigns Director Mark Wakeham stated that "this is likely to be the final nail in the coffin for the HRL proposal, and for all new coal-fired power stations across Australia."<ref>Environment Victoria, [http://environmentvictoria.org.au/media/game-over-hrl-coal-fired-power-station "Game over for HRL coal-fired power station: Federal funding withdrawn from polluting power station"], Media Release, July 27, 2012.</ref> Greenpeace Australia Climate and Energy Campaigner, Julien Vincent, stated that “this result is a great reward for the years of hard work by environment organisations, grass roots groups and the broader community to resist this dirty project.”<ref>Greenpeace, [http://www.greenpeace.org/australia/en/mediacentre/media-releases/climate/Greenpeace-delight-at-cancelled-coal-funding/ "Greenpeace delight at cancelled coal funding"], Media Release, July 27, 2012.</ref> Following the federal government decision the Victorian Minister for Energy, [[Michael O'Brien]] said that while $20 million of the Victorian government's $50 million pledge had been spent, the federal decision "has serious consequences for the separate Victorian funding agreement ... The state government must ensure that Victorian taxpayer funds are protected."<ref>David Crowe, [http://www.theaustralian.com.au/national-affairs/funding-cuts-hit-la-trobe-valley-power-project/story-fn59niix-1226437140214 "Funding cuts hit La Trobe Valley power project"], ''The Australian'', July 28, 2012.</ref>
A 2016 report on HRL Holdings reports that "In FY15 $44m of the integrated drying gasification combine cycle (IDGCC) technology costs were impaired as there were no longer any foreseeable prospects to realise the technology."<ref>[https://www.ppbadvisory.com/uploads/i410-HRL-s439A-Main-Report-Final.pdf "HRL Limited and specific subsidiaries,"] Report by Administrators Pursuant to Section 439A of the Corporations Act 2001, June 2, 2016</ref> Although still listed by the government in 2015 as one if its Major Electricity Projects,<ref>[http://webcache.googleusercontent.com/search?q=cache:2BBueL0i8D0J:www.industry.gov.au/Office-of-the-Chief-Economist/Publications/Documents/megp/2015-Project-list.xlsx+&cd=2&hl=en&ct=clnk&gl=us Electricity Generation Major Projects 2015,] Office of the Chief Economist, Dec 18, 2015</ref> the Dual Gas power station project appears to have been cancelled.
==Background==
