Australian Prime Minister Turnbull Backs Adani’s Queensland Mine Project

Australian Prime Minister Malcolm Turnbull today strongly supported Indian energy giant Adani's controversial $16.5-billion coal mine in Queensland, saying the project has gone through extensive environmental permitting and should go ahead.

Adani's Carmichael mine and rail project in the untapped Galilee Basin has been held up by lack of financing and a barrage of legal challenges by green groups concerned about climate change.

Speaking at a business forum in Sydney, Turnbull said, “This is a project that has gone through extensive environmental permitting both at the state level and federal level, mostly state.”

“All of those permitting has been done and it has taken a very long time...They (Adani) are entitled to develop it in accordance with those permits,” Turnbull said.

He accused opposition leader Bill Shorten of being two faced and lacking conviction over the Adani coal mine, warning that his approach posed an “enormous threat” to jobs.

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Turnbull said Shorten had shown he was prepared to overthrow the project for the sake of winning a by-election in inner city Melbourne, despite declaring support for the project in Queensland.

Turnbull said Australia has high environmental standards, and if a project has cleared those then it should go ahead. When asked if the project was financially viable, Turnbull said that was for the company to decide.

He further said that Shorten's opposition to the Adani project will have a “chilling effect” on jobs and investment in Australia. “What Bill Shorten is doing is not just threatening that project, he's threatening every other project and he's threatening future projects.”

“It will have a shocking, chilling effect on jobs and investment in Australia,” he said.

Also Read: Adani May Sell Stake in Carmichael Coal Mine Amid Funding Delay