Skip to main content

Australian greens accuse Adani Group of making "false promises" of economic benefits from coalmining project

A GetUp! poster against Adanis in Australia
By Our Representative
In a development which may go a long way adversely the powerful industrial group of Adanis’, currently involved in a legal tangle in a land court in Australia’s Queensland province for obtaining permission to go ahead with one of the world’s biggest coalmining projects, the British daily Guardian has reported the “Indian conglomerate” has admitted it will not be able to “generate” 10,000 jobs it had previously promised.
“Australia’s largest coalmine would deliver only a fraction of the jobs and state government payments promised by the company, Queensland’s land court has heard”, daily says.

It adds, “The Carmichael mine in central Queensland and the related Abbot Point coal port would generate 1,464 jobs and up to $4.8bn in royalties, an expert economic witness for Adanis has told the court”.
The daily quotes Jerome Fahrer, an economic consultant commissioned by Adanis to model the outputs of its proposed 30-year coalmine, as telling the court that state royalties to Queensland would “range from $3.7bn to $4.8bn when discounting for inflation”, adding “His modelling also shows a total of 1,464 jobs, which includes related indirect jobs generated by the mine, over 30 years.”
“The figures are a far cry from the 10,000 jobs and $22bn Adani has used in seeking government approval for the mine and a public relations campaign aimed at negating public opposition over its impact on the Great Barrier Reef through shipping and emissions”, the daily, which is the winner of Pulitzer Prize for 2014, said.
“The company’s projections were endorsed as recently as last week by the new state Labour government in justifying its qualified support of the mine”, the Guardian says, adding, “The new figures were revealed on Monday during a cross-examination of Adani witness Fahrer by barrister Saul Holt for the conservation group Coast and Country.”
Australian conservationists have gone to the land court seeking it recommend refusal of Adanis’ applications for an environmental approval and a mining lease for the $10 billion project. The news that only a “fraction” of the promised jobs would be created has led top environmental group GetUp! to declare that this is yet another proof that that Adanis can't be trusted. It has said, “There was one argument left in favour of it - jobs. Now we know they don't exist.”
Meanwhile, an Adanis’ spokesman went in for a firefighting mode in Australia, saying the company stood by its “commitment to deliver $22bn in taxes and royalties for Queensland”, adding, the “full context of Dr Fahrer’s modelling and its assumptions have not been disclosed”.
“The land court process relates to the economic benefits of the mine at Carmichael – it does not envisage the combined tax and royalty, direct and indirect, construction and operational job benefits of Adani’s mine, rail and port projects,” he said.
“It’s highly problematic that we don’t have government agencies that undertake and scrutinise this work and it’s really reliant on organisations or landholders or companies impacted by the proposed development to have to undertake this themselves”, he added.
Another Australian daily, the Sydney Morning Herald, meanwhile, has said that the Adani Group is facing a strong challenge from “a conservation group in the land court of Queensland to stop it proceeding with its $10 billion Galilee Basin thermal coal mine and infrastructure project.” It adds, “Taking the stand on Friday was Adani Mining's financial controller Rajesh Gupta whose performance when cross-examined ranged from unconvincing to embarrassingly vague and forgetful.”
“Among the key things to emerge so far: Adani had previously announced the conditional sale of T1, its terminal at Abbot Point, to the Bombay Stock Exchange. Now, as revealed earlier this year by Fairfax Media, Adani has confirmed the sale has not happened”, the daily reports.

Comments

TRENDING

Communal rhetoric? Hindutva preached by RSS-BJP is 'monolithic', not Hinduism

By Prem Verma*  I am a devout Hindu but not a believer of RSS Hindutva form of Hinduism which brings about hatred of other religions. My Hindu religion has not taught me to look down on other religions and neither has it instilled in me to go about converting others to my religion because my religion is superior.

India sees 62 journo deaths, 4th highest, amidst pandemic: Swiss media rights body

By Our Representative The Switzerland-based media rights body Press Emblem Campaign (PEC) has noted that India is the fourth most affected country as far as mediapersons’ death on account of Covid-19 is concerned. According to Blaise Lempen, secretary-general of PEC, the global tally of casualties among media persons in the Covid-19 pandemic has reached 1,036 journalists in 73 countries till date.

Gross 'injustice' to children: Rs 5000 cr cut in education budget; 15 lakh schools shut down

Counterview Desk  More than 100 dignitaries, including educationists, academia, social activists, teachers’ union, civil society organisations (CSOs), various networks and people working on child rights, in a letter to Union Finance Minister Nirmala Sitharaman have sought reversal of reduction in allocation for education in the Union Budget 2021-22, even as demanding substantial increase in it.

Buddhist shrines massively destroyed by Brahmanical rulers in "pre-Islamic" era: Historian DN Jha's survey

Nalanda mahavihara By Our Representative Prominent historian DN Jha, an expert in India's ancient and medieval past, in his new book , "Against the Grain: Notes on Identity, Intolerance and History", in a sharp critique of "Hindutva ideologues", who look at the ancient period of Indian history as "a golden age marked by social harmony, devoid of any religious violence", has said, "Demolition and desecration of rival religious establishments, and the appropriation of their idols, was not uncommon in India before the advent of Islam".

Swami Vivekananda's views on caste and sexuality were 'painfully' regressive

By Bhaskar Sur* Swami Vivekananda now belongs more to the modern Hindu mythology than reality. It makes a daunting job to discover the real human being who knew unemployment, humiliation of losing a teaching job for 'incompetence', longed in vain for the bliss of a happy conjugal life only to suffer the consequent frustration.

RSS love for 'killer' Myanmar junta behind Indian military presence at Tatmadaw Day?

By Shamsul Islam*  If a shameful act means an action which is criminal and nauseating, it would be an understatement to describe the attitude of the present RSS-BJP rulers of India towards the demolition of democracy and large-scale killing of the people of Myanmar by the military ( tatmadaw ) junta which took power through a coup on February 1, 2021 after renegading the election results in which the party of Aung San Suu Kyi, National League for Democracy, was a clear winner.

Chhattisgarh’s Apra riverfront imitates Sabarmati: 'Devaluing' water, environment

Sabarmati riverfront By Mansee Bal Bhargava*  This year’s #WorldWaterDay (March 22) focus was on ‘Valuing Water’. My school friend, Pragati Tiwari from Bilaspur, Chhattisgarh, called that day knowing my interest in water matters. We were remembering our childhood days as how we used to play on the banks and the bed of the Arpa Nadi (River) during the summer holidays and as how the river would swell like Anaconda to flow happily during the monsoon.

Bihar massacre on Holi day: Brahminical, casteist mindset behind 'uneasy' silence

Bihar chief minister Nitish Kumar By Vidya Bhushan Rawat*  Several people were killed in Bihar amidst Holi festivities, but not much response has come in from the media. The silence of the government and the society as a whole is also appalling. We seek to romanticise these festivals, yet we forget that every year they take so many lives. This despite the fact that Holi appears to be the best time for 'avenging things'.

India's draft migrants policy: Whither concern on job restrictions imposed by states?

By Anil Kumar*  India’s Niti Aayog has prepared a Draft Migration Policy. The draft policy acknowledges migration as an integral part of development, and it calls for positive government interventions that facilitate internal migration. With a rights-based solution to migration, the draft states that the policy should “enhance the agency and capability of the community and thereby remove aspects that come in the way of an individual’s own natural ability to thrive”.

Recalling Jallianwala martyrs' communal amity as BJP 'warns' of Sitalkuchi everywhere

By Shamsul Islam*  The RSS-BJP rulers declare India to be a battle-ground between Hinduism and Islam. Muslims have been declared as ‘internal threat’ by RSS ideologue MS Golwalkar (“Bunch of Thought”, Chapter xvi). Behaviour of many of their leading cadres, including those who hold high constitutional posts, is such that they seem to be conspiring over-time to ignite a civil war between the two communities. They are under the impression that this would help divert attention from failures of the Hindutva rulers on developmental front.