David Fickling, Columnist

The World’s Most Controversial Coal Mine Doesn’t Add Up

Adani’s Carmichael project became a hot-button issue in Australia’s recent election. It could finally be getting the go-ahead, but the math is all wrong.

May 23, 2019 at 9:00 PM UTC

Corrected

May 27, 2019 at 8:01 AM UTC

By David Fickling

David Fickling is a Bloomberg Opinion columnist covering climate change and energy. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times.

Fired up.
Photographer: Lisa Maree Williams/Getty Images AsiaPac

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Is the world’s most bitterly contested coal mine finally getting the go-ahead?

After the opposition Labor party suffered heavy losses in coal-mining regions in Saturday’s Australian federal elections, the Carmichael project looks to be getting closer than ever to approval. In the view of the government's resources minister Matt Canavan, the pit being developed by Adani Mining Pty., a unit of Indian billionaire Gautam Adani’s business empire, is all systems go: