Australia creates largest area of marine reserves

June 14, 2012 • Business

This November, 2002 photo provided by Queensland Tourism, a diver snorkels in the Great Barrier Reef off Australia’s Queensland state. Australia announced Thursday, June 14, 2012, the creation of the world’s largest network of marine reserves covering 3.1 million square kilometers (1.2 million square miles) of ocean including the entire Coral Sea. Environment Minister Tony Burke said the government expects to pay an estimated 100 million Australian dollars ($100 million) to the fishing industry in compensation for the new restrictions on their operations that Login to read more

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