AAP: HOMEOWNERS in the NSW community of Coleambally would share in $1 billion compensation under a $3.5 billiion plan to sell the town’s water to the Federal Government for environmental use. Robert Black, chairman of the Coleambally Irrigation Area, said if the Government wanted to buy water allocations, Climate Change and Water Minister Penny Wong had to recognise the effect this had on communities. “Penny Wong on Friday said buying water for the environment is one thing and at …