How One Billionaire Could Keep Three Countries Hooked On Coal For Decades

In June, when the Australian authorities granted the company approval to extract coal from the reserve, they weren’t just rewarding its lobbying and politicking, they were also opening the door for the Indian industrial giant Adani to realize its grand plan for a coal supply chain that stretches across three countries. Coal from the Australian operation, would be transported to India, where the company is building a new power plant for nearly $2 billion to produce electricity. That power would be sold next door in Bangladesh.

By Somini Sengupta, Jacqueline Williams and Aruna Chandrasekhar. New York Times. August 15, 2019.

Read Full Article →