The Adani coal mine represents a huge climate change and financial risk.
In response to reports that Adani and the Queensland Government have missed another deadline to finalise a special royalty deal for the polluting Carmichael coal mine project, Senior Campaigner at the Australian Conservation Foundation, Christian Slattery, said:
“Adani’s inability to finalise a royalty deal with the Queensland Government pours cold water on the company’s claims to be progressing at full pace with its polluting coal mine.
“The fact is this coal mine represents a huge climate change and financial risk, which is why Australia’s banks won’t back it.
“At the last state election the Queensland Premier promised there would be no public money for Adani’s mine. We call on her to honour that promise and ensure there is no special royalty deal for Adani.
“Adani’s coal mine will further accelerate climate change, which is already contributing to this season’s devastating bushfires.”