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Adani should bow out gracefully from its Carmichael coal mine

TJ Ryan Foundation Board member, John Quiggin, writes in The Conversation (31.8.16):

'Adani Enterprises, from which Adani Mining was spun off last year, is among the major investors in renewables. And, a little later than in China, the Indian government and people are waking up to the disastrous health effects of burning coal. Several “ultra mega power projects” (massive coal-fired power plants) were cancelled recently. More are likely to follow. ...

'Until now, Adani has blamed the endless delays in its project on legal challenges. But the time for excuses has run out. Adani should admit that this economically and environmentally disastrous project will never go ahead, and focus its attention completely on the renewable energy technologies in which it is already a major player.'

 

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