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Adani produces more spin than coal

Media Release
Larissa Waters 1 Nov 2018

In an effort to drum up investment in its ailing Carmichael mine, Adani has again announced the project is about to get off the ground adding to its already long history of false starts, Greens spokesperson for Mining and Resources, Queensland Senator, Larissa Waters said.

“Adani are producing more spin than coal,” Senator Waters said.

“I’ve lost count of the number of times Adani has said they are about to “hit the green light” on their mega coal mine.

“Adani keep desperately reducing the size of their plans to attract investors, but all it proves is that nobody wants their coal, because clean energy is a better investment.

“From environmental law breaches overseas, investigation and prosecution of alleged breaches here, their application for a 12.5 billion litre water-sucking pipeline in a drought-stricken area, fake jobs claims, and the massive scaling down of the project because no-one is stupid enough to invest in new dirty coal projects – the alarm bells are well and truly ringing.”

Senator Waters said today’s Institute for Energy Economics and Financial Analysis report makes it clear the coal export industry is in “terminal long-term decline”.

“Between 2014 and 2017, the LNP and Labor accepted $3.94 million from the resources sector,” Senator Waters said.

“The major parties need to stop doing the bidding of their donors in the fossil fuel industry, put an end to the Adani Carmichael mine once and for all and start transitioning to renewables.

“We need real jobs not Adani’s fake jobs. There are almost 10,000 construction jobs being created in renewables across Australia, that’s where our future lies - and must lie - if we are to prevent further damage to our Reef and planet from climate change.”

Media Contact: Karina Natt 0419 626 725

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