Australia: Adani mega coal mine proposals under scrutiny amid climate change concerns
Author: Jacqueline Williams, New York Times, Published on: 17 October 2017
"Australia Debates: Does a Warming Planet Really Need More Coal?", 14 October 2017
...The Australian government is considering a proposal to build one of the world’s largest coal mines in...remote locale, known as the Galilee Basin, where acacia and eucalyptus trees grow wild between scattered creeks.
An Indian conglomerate, the Adani Group, has asked for a taxpayer-financed loan of as much as [US]$800 million to make the enormous project viable, promising to create thousands of jobs in return.
But the plan has met intense opposition in Australia and abroad, focusing attention on a question with global resonance: Given the threat of climate change and the slowing global demand for coal, does the world really need another giant mine, especially at the public’s expense?...
Related companies: Adani Group