Infographic: What the Adani white elephant means for QLD

Advertisement

The Conversation has created the below infographic explaining the key impacts expected from Adani’s Carmichael mega coal mine, which is well worth a look:

This Saturday, Queenslanders will go to the ballot box for an election. One of the biggest issues is the controversial Carmichael coal mine proposed by Indian mining giant Adani. Here’s what it means for Queensland, Australia and the world if the mine goes ahead.

For mine, the most damning thing about the project is that:
  1. It will allow Adani to extract unlimited volumes of water from the Great Artesian Basin for 60-years (a projected 12 billion litres a year); and
  2. It will burn 4.49 billion tonnes of carbon dioxite equivalent if/when the mine hits peak production (out of total global fossil fuel emissions of 37 billion in 2017).

The project is economic and environmental vandalism writ large.

Advertisement
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.