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Tim Buckley @TimBuckleyIEEFA
, 5 tweets, 5 min read Read on Twitter
So @AdaniAustralia's low quality means they would only receive half the #coal benchmark price, even if they use a huge amount of Townsville's drinking water for washing to make it saleable. A stranded asset the @IPCC_CH says we can't afford. @mattjcan…
Is @ScottMorrisonMP proposing a $200m upgrade of Townsville's water supply to offset the free upstream of Townsville water being gifted by @DrAnthonyLynham to a foreign tax haven based billionaire to export yet more low quality thermal coal the world can't afford to burn?
South Korean Government SOEs rule out any financing nor EPC involvement in @AdaniAustralia's proposed Carmichael #coal mine.… by @kabira_tweeting
So @AdaniAustralia is relying on Adani Enterprises Ltd (AEL) to self-fund the $2bn Carmichael coal proposal in 🇦🇺? This may prove a little difficult, given AEL's pretax profits only roughly cover the existing interest bill?! Hard to borrow even more?!
So now our Federal Government decides examining #Adani's #coal proposal using up to 22 billion litres of water annually is not covered by the water trigger nor warrants a full EIS?! Sounds like a @FEDERALICACNOW is required.… by @MikeySlezak
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