India’s Adani Enterprises might have to wait up to two years to get two environmental approvals to start construction at its controversial Carmichael coal mine in Australia, a Queensland government official told Reuters.
Adani said in November that it would fund the mine and rail project itself, requiring the company to cut the initial plans for the mine to around a quarter of its original size, after banks buckled to pressure from investors worried about climate change.
Environmental activists have contested the project since it was first proposed eight years ago because of concerns about global warming and its potential impact of its port operations on the Great Barrier Reef. Read More
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