Adani to go ahead with polemic Carmichael coal mine after all

Indian conglomerate Adani Group has decided to go ahead with its $12 billion (A$16bn) Carmichael coal mine and rail project in Queensland, Australia, one of the world’s largest thermal coal mines approved in recent years. The decision comes only days after the conglomerate agreed to pay the state hefty royalties on the coal produced there[…]

Australian officials slam banks decision to refuse backing country’s largest coal project

As “strange” and “disappointing” qualified Australia’s Federal Finance Minister Mathias Cormann the decision by the country’s four biggest banks to rule out or withdraw funding for Adani’s Carmichael coal mine and rail project. The lenders’ move follow a decision by Australia’s second-largest bank Westpac, unveiled on Friday, to only fund new projects in existing, rather[…]

Coal dust near Great Barrier Reef worries scientists, environmentalists

The recent discovery of coal dust near Australia’s Great Barrier Reef has academics and environmentalists up in arms and has triggered an investigation on the nearby Hay Point port, which ships tens of millions of tonnes of coal a year to global markets. The leak took place in early February, causing black coal dust (pulverized,[…]