Adani announces coal mine construction will begin

Federal Labor says Adani's Carmichael mine has failed to live up to its economic promises after the Indian mining giant announced it will self-finance a dramatically smaller project than originally planned.

Adani will finance the Carmichael mine itself
after failing to secure external finance.CREDIT:

Adani Mining chief executive Lucas Dow on Thursday said the scaled-back project would be "100 per cent financed" from within the Adani conglomerate, clearing a major hurdle for the highly contentious proposal.

It has been revised down to a smaller rail line project and coal volumes to reduce the investment risk.  Construction at the central Queensland mine site will soon begin, the company says.

Read the story from The Age by Nicole Hasham - “Adani announces coal mine construction will begin."

Turnbull has a chance to burnish his green credentials

A

government crackdown to stop "vigilante" green groups challenging large mining projects in court should be passed by Parliament despite criticism they are undemocratic, a Senate inquiry controlled by the government says.

New PM, Malcolm Turnbull, can
differentiate himself from his
 predecessor by scrapping this Bill.

Labor, the Greens, community groups and environmental advocates have argued the changes proposed by the former Abbott government limit the public's right to ensure environment laws are upheld.

The bill was proposed after a Federal Court challenge by a grassroots community group threw a spanner in the works of Australia's largest coal project, Adani's Carmichael mine in central Queensland – a move former Prime Minister Tony Abbott described as "sabotage".

Read Nicole Hasham’s story in The Sydney Morning Herald - “Government-controlled Senate probe backs crackdown on green 'lawfare'.”

(Should new PM Malcolm Turnbull be eager to differentiate himself from his predecessor and within that illustrate his understanding of climate change, he would abandon this bill, reinstate democracy and again legitimize the right of a person from as far away as Western Australia to lawfully object to something such as the Adani Carmichael Mine in central Queensland, acknowledging that coal produced from the mine will be a measurable and noticeably contributor to the world’s carbon dioxide emissions – Robert McLean.)