Adani demands total power for coal monster

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They do it differently in India I guess, from the Courier-Mail:

BILLIONAIRE Gautam Adani has called for Australia to give him an uncontestable right to develop the $10.4 billion Carmichael megamine in central Queensland.

After about 18 months of delays caused by activist groups appealing against the project in the courts, Mr Adani told Indian media that he wanted “omnibus legislation’’ that would allow him to develop the project.

He also admitted the court delays meant investors had no certainty and had refused to back the project.

“What Adani wants is that politicians approach the parliament and pass a special resolution so that no one can challenge.”

He said he explained his concerns to Mr Turnbull.

Greens accused the billionaire of arrogance and said most Australians would be appalled to hear a private company telling Australia’s government to change national laws.

I suggest we allow Mr Adani to secede with the Galilee Basin and rename it Adania. He can create his own laws. His own tax code. He can even install the Indian caste system and ally with Russia if he so wishes. That way when his new mine shuts down a lot of other cheaper and more efficient Australian mines owing to the glut, we can invade Adania and shut his mine before reopening our own.

The weapons production will be a small boost to GDP.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.