the myriad companies that make up the Adani conglomerate make it nearly impossible to follow the money. What tax on profits will be paid in Australia? How much will be siphoned off to Adani’s “marketing hub” in Singapore and the Adani family company in the Cayman Islands?
Not that it was in writing. The only assurance Queenslanders truly had was a photo of a handshake. The premier ought to have stopped there, but she kept going. The project, she said, would generate 10,000 jobs. “The life of this project will be anywhere between 50 and 60 years.”
In 2013, a television commercial for Adani Australia was broadcast across the state. A warm European woman’s voice asked, “What does Adani mean to Queensland? A fresh stake in the global economy …Adani means 10,000 jobs for Queensland workers [cue image of young man in hi-vis vest unspooling cables, smiling boyishly] … Adani means $22 billion in royalties and taxes invested back into Queensland communities [cue hospital corridor and stretchers].”
Here’s hoping Palaszczuk doesn’t pin all her policies on the commercials she watches. Is it possible she is unaware of evidence given under oath by Adani’s own hand-picked expert, Jerome Fahrer, in the Queensland Land Court? A former Reserve Bank economist, Dr Fahrer works for consulting firm ACIL Allen, contracted by Adani to analyse the mine project’s numbers. Fahrer was critical of Adani’s previous consultants.
The figure of 10,000, he told the court, was “extreme and unrealistic”. At the peak of construction, Dr Fahrer estimated, there would be about 2400 workers. But there was a catch. He found that these jobs would come at the expense of around 1500 jobs in manufacturing, agriculture, and from other mines. This is important. For a premier under pressure to create jobs in a state with a population of 4.6 million, of whom more than 160,000 were unemployed in May this year, supporting a coalmine that will see job losses from elsewhere seems a serious folly. Overall, Fahrer said the Adani mine and railway would create “on average around 1464 employee years of full-time equivalent direct and indirect jobs”. In other words, a drop in the ocean. Supporters of the project are quick to point out that Fahrer did not include jobs associated with the port expansion at Abbot Point; however, Rod Campbell of The Australia Institute noted in The Australian that a large coal port expansion in Newcastle was expected to create no more than 80 jobs.
……. the myriad companies that make up the Adani conglomerate make it nearly impossible to follow the money. What tax on profits will be paid in Australia? How much will be siphoned off to Adani’s “marketing hub” in Singapore and the Adani family company in the Cayman Islands?…….
The coal seam would, when burned, blow up to one-tenth of the world’s total carbon budget – the amount scientists say we have left if we want to stop at 2 degrees Celsius of warming (see breakout).
In their way, holding the line, are a scattering of traditional owners and a grazier. Behind them is a vast network of willing activist bodies, conservation groups, academics and marine scientists.
The stage is set…….
I asked Hill about her moral responsibility to future generations of Townsville residents if the demise of the Great Barrier Reef is unchecked. In 2013, the federal government released a study on the Great Barrier Reef’s contribution to Australia’s economy. It found the reef generated 69,000 jobs and $5.68 billion in annual turnover in 2011-12…….
Life, according to Hill, would be breathed back into Townsville through two projects….The second life-giving source was Adani. “We need Adani,” Hill told me. “It’s the next big thing.”…….http://www.theage.com.au/good-weekend/adani-how-we-got-conned-by-coal-20170525-gwcw5h.html
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For international news go to https://nuclear-news.net/
2 August PUBLIC HEARING 2 August on National Radioactive Waste Dump Selection Canberra
2 August – Adelaide – Meet the South Australian Environment Protection Authority
Read the brief summaries of submissions – 55 anti-nuclear, 41 pro nuclear (13 confidential) , with links to each full submission published on this Antinuclear website.
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August 5 – 2 Sept – Western Australia – WALKATJURRA WALKABOUT
August 6 – Melbourne – Hiroshima Day event “Banning nuclear weapons… Australia must act!”
August 9 – Adelaide –Campaign Launch: Disarm SA Universities – disconnect them from weapons industry Exeter Hotel 246 Rundle Street, Adelaide, South Australia 5000
September 11-Perth – PROJECTIONS at PARLIAMENT
September – Nobel Peace Ride 
See our page: Submissions on Radioactive Waste Code 2018/ Submissions published by ARPANSA are overwhelmingly critical, and in opposition to the Federal nuclear dump plan for rural South Australia. [not to be confused with the current SENATE INQUIRY Selection process for a national radioactive waste management facility in South Australia.]
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Online Open letter requesting ACTION to enforce South Australia’s law against nuclear waste dumping. http://petition.dyndns.org/
Say no to the federal plan to dump and store nuclear waste in SA.
Don’t Let Frydenberg approve Yeelirrie uranium mine or extinction!
No Nuclear Bundabunda at Brewarrina – bad poison [SIGN THE PETITION]
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