Adani delayed again by 11th hour red tape

Advertisement

QLD Labor is running interference for Bill Shorten:

Indian energy giant Adani will miss its Christmas deadline to begin construction of its controversial $2 billion Carmichael mine after the Palaszczuk Labor government commissioned an independent review into the company’s environmental management plans – a process which is expected to take at least two months.

Although Adani Mining chief executive Lucas Dow last month said the final sign-off of its environmental management plans from state and federal governments would happen “within weeks”, the approvals are still sitting with the Palaszczuk Labor government.

It’s almost as if this project is in India.

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.