Australian news, and some related international items

Adani’s claims to have secured finance questioned

Green Left   Margaret Gleeson July 20, 2018

Karan Adani’s understatement of the cost of the rail link by almost $2.5 billion
is par for the course in Adani propaganda. He also claimed that all approvals
were in place and that work would commence immediately
after the rail finance was approved.

‘However, this is not the case. 
There remain several obstacles before work at the mine can begin, including:

‘1. Federal approval for Adani’s proposed water scheme,
involving pumping 12.5 billion litres of water a year from the Suttor River to the mine.
The government has delayed its decision and asked Adani for more information.

‘2. A court challenge by a group of Wangan and Jagalingou people to a land-use agreement.
If the challenge to invalidate the agreement is successful, Adani would then require the
Queensland government to extinguish native title at the mine site.

‘3. A stop order application by a group of Juru people, amid a dispute about cultural heritage
in the vicinity of the Abbot Point coal terminal and a section of the rail link.

‘4. Finance to build an airstrip near the mine site for fly-in fly-out workers. …

‘5. Finance to build the rail line. …

‘6. The Queensland Labor government has imposed more than 240 conditions
on the Carmichael coalmine project, 132 of which relate to water. …

Federal Labor environment spokesperson Mark Butler, who opposes the mine,
was sceptical of claims Adani would soon have the finance required for the rail line. …

Read more of MargaretGleeson‘s comprehensive & well-researched article:

July 22, 2018 - Posted by | AUSTRALIA - NATIONAL, business, climate change - global warming

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: