Bloomberg: Adani's $16.5 Billion Coal Mine in Australia Faces Fresh Wave of Protests

Bloomberg has an article by Perry Williams on the Stop Adani Alliance:

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bloomberg.com

The environmental protesters are “demonstrating against jobs” in Australia and “economic and social development in India,” a spokesman for Adani’s Australian unit said in an email Wednesday.

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Adani has rejected previous campaigns by green groups against the mine, saying the development meets strict environmental guidelines. Prime Minister Malcolm Turnbull and Queensland Premier Annastacia Palaszczuk have publicly backed the project.

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Adani Enterprises Ltd., the flagship company of the Adani Group, fell as much as 2 percent to 101.55 rupees and traded at 102.15 rupees as of 2:41 p.m. in Mumbai.

Read the full story on Bloomberg.com here.


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  • Vicki Olden
    commented 2018-12-13 19:20:40 +1100
    We are all under the same sky. Damaging the ecosystem and contributing to climate change with full knowledge is like shooting yourself in the foot because it will affect every member of the Adani organisation and their loved ones in the future. That’s what is so ironic.
    If an asteroid was coming for the earth which meant the end of civilisation what wouldn’t we all do to ensure survival? Climate change threatens in the same manner. I am sorry Adani. I say no. Not in my home.