From The Australian:
Indian energy giant Adani has won another legal victory against environmentalists, with Queensland’s Land Court approving the proposed $16.5 billion Carmichael coalmine.
Green group Coast and Country had objected to the mega-mine in the Galilee Basin, on the state’s northwest coal frontier, on environmental, ecological and economic grounds.
…The latest federal approval is now being challenged in the Federal Court by the Australian Conservation Foundation.
Land Court president Carmel MacDonald yesterday rejected the objections of Coast and Country…Ms MacDonald agreed with the argument that, should the mine be halted, alternative emissions-generating coal projects would simply crop up somewhere else in order to meet global demand.
Err, hello, there’s a global coal glut. Thus all this mine will do is shut down other more efficient Australian mines. It’s not a market play, it’s a whacky combination of resource nationalism and Indian oligarchy.
