Chile has blocked the construction of a $5bn coal power plant due to environmental reasons. Brazilian billionaire Eike Batista had planned to construct the 2100 MW plant in order to support the country’s copper industry, which has been hampered by soaring energy costs. The court...said Eon [E.ON] and MPX, Mr Batista’s power company, could still resubmit a more comprehensive study, assessing the environmental impact of the project as a whole.