18 March 2019 Aurecon, a major consultancy working for Adani’s Abbot Point coal port, is taking Orwellian corporate spin to a new level by telling university students and its own staff it is not working on the disastrous Adani Carmichael project. It justifies this line by conveniently re-defining the project … Read More
Media Release: World’s biggest insurers will not cover Adani Group’s Carmichael coal mine
Campaigners call on laggards to back UN climate targets andrefuse support for disastrous project Thursday 20 December 2018, 0001 Hours Central European Time Ten of the world’s foremost insurance companies will not provide support to develop the controversial Carmichael coal mine in Australia, following the lead set by many global … Read More
Media release: Reaction to Adani news of self-funding Carmichael project
29 November 2018 Reacting to the news that Adani has decided to self-fund the entirety of its Carmichael coal project, Market Forces Executive Director Julien Vincent said: This is an act of desperation from Adani, which knows the window of opportunity to build its Carmichael mega coal mine is rapidly … Read More
Korean lenders rule out Adani!
5 November 2018 Three Korean financial institutions have ruled out investing in the Adani Carmichael coal mine, rail line or Abbot Point coal export terminal, as confirmed in emails to the Wangan and Jagalingou (W&J) Traditional Owners Council. The W&J traditional owners are visiting Korea this week, supported by Market … Read More
Adani’s new plan, November 2018 update
5 November 2018 The next six months will be critical for whether Adani’s destructive mega coal mine goes ahead. Thanks to some cost-cutting, on both its proposed railway line and the mine itself, Adani’s Carmichael project is now a far cheaper, and therefore more bankable, proposition. A smaller initial phase … Read More
Downer board can’t face up to climate questions
1 November 2018 Downer’s board of directors faced questions at today’s annual general meeting about their climate change views and the company’s stance on Australia’s emissions targets. Downer Holdings Company Ltd, as it is listed on the Australian stock exchange, has a diverse business portfolio that includes power, oil and … Read More
Boral still won’t rule out working with Adani
30 October 2018 It’s hard to know where to begin with Boral, one of the world’s 160 most polluting companies. You could look at the fact that it’s been shying away from renewables, despite losing $15 million USD from climate-driven weather events in the last financial period. Or that its absolute emissions are … Read More
WorleyParsons won’t rule out Adani
23 October 2018 “Can the board confirm that it has completely ruled out working with Adani on the Carmichael coal mine and its supportive infrastructure like the North Galilee Basin Rail Line and the Abbot Point coal terminal that will transport coal from the mine?” asked a shareholder at the WorleyParsons … Read More
Aurizon doesn’t want to become ‘public enemy number one’
18 October 2018 Aurizon’s relationship with Indian coal mining giant Adani dominated question time at its annual general meeting in Brisbane today. Last month, Adani proposed a shorter rail line that would link its proposed Carmichael mega mine in the Galilee Basin to Aurizon’s existing Central Queensland Coal Network. “Would … Read More