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Adani on life support

Summary:
I have a piece in The Guardian under the headline Adani’s rail line cut shows project is on life support but still a threat to climate, starting with the observation The recent announcement by Adani that it will halve the costs of its rail line to the proposed Carmichael coalmine by building a shorter, narrow-gauge line raises an obvious question: if such a massive cost-saving is feasible, why didn’t Adani go that way in the first place? I also address the broader question If coal is doomed, why has the price recoverd Like this:Like Loading...

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I have a piece in The Guardian under the headline Adani’s rail line cut shows project is on life support but still a threat to climate, starting with the observation

The recent announcement by Adani that it will halve the costs of its rail line to the proposed Carmichael coalmine by building a shorter, narrow-gauge line raises an obvious question: if such a massive cost-saving is feasible, why didn’t Adani go that way in the first place?

I also address the broader question

If coal is doomed, why has the price recoverd

John Quiggin
He is an Australian economist, a Professor and an Australian Research Council Laureate Fellow at the University of Queensland, and a former member of the Board of the Climate Change Authority of the Australian Government.

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