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2 months ago

News Source: edition.cnn.com
Australia Gives Approval For Work To Begin On Controversial New Coal Mine
australia approval work

Australia Gives Approval For Work To Begin On Controversial New Coal Mine

New Delhi (CNN Business)One of India's richest men just got the green light to start building a new coal mine in Australia despite fierce opposition from climate change campaigners.

Gautam Adani is one of India's wealthiest people. The project, which has been in the works for several years, has enraged environmental campaigners, who say it will be a "death sentence" for the Great Barrier Reef because of the high levels of carbon pollution that coal produces. Large parts of the reef have already been destroyed by rising ocean temperatures linked to global warming. "This fight is far from over," Richard Di Natale, leader of the pro-environment opposition party Australian Greens, said in a statement Thursday. "The Adani mine cannot go ahead if we are going to have any chance of ... preventing the worst impacts of dangerous climate change," he added. Read more on India India's economy stumbles as Modi begins second term India's richest man just bought the world's oldest toy store Indian hotel startup OYO makes big move into Europe The future of the internet is Indian Adani has significantly scaled back its ambitions for the mine. It had initially projected production of 60 million tons of coal a year, but has now set a preliminary target of only 10 million tons. Much of that will be supplied to India, which still depends on coal to meet most of its energy needs. The company has repeatedly said the project will ultimately benefit the Australian people, with Dow saying Thursday that it will create 1,500 jobs at the mine and another 6,750 in related activities. "We're ready to start work on the Carmichael Project and deliver the jobs these regions so badly need," he added.

Hilary Whiteman contributed to this report.