Indian mining giant Adani lashes out at environmentalists who sought to block giant coal mine—and succeeded

By Lauren McCauley, staff writer for Common Dreams. Published 8-11-2015.

With two major financial backers withdrawing support, and a federal court revoking its license, Adani’s proposed Carmichael mine appears to be sunk. (Photo: Richard Ling/cc/flickr)

Fierce environmental activism is being blamed—and credited—with spurring the potential demise of Australia’s controversial Carmichael coal mine project.

Indian mining giant Adani on Tuesday lashed out at activists, accusing them of causing delays that prompted financial backers to withdraw their support for the vast Queensland mine and port expansion along the Great Barrier Reef (GBR).

The project, which environmentalists have long warned would irreparably harm the GBR, has faced significant hurdles, the latest being the announcement by the London-based Standard Chartered bank on Monday that it was withdrawing from its advisory role on the project. Continue reading →