Stop Adani

Such is the growing alarm at the devastating impact of climate change that even some world leaders have distanced themselves from US President Donald Trump at the January World Economic Forum (WEF) at Davos in Switzerland.

Trump was greeted with boos and hisses in response to his criticism of the media as “nasty, mean, vicious and fake”. At one session, even after being favourably introduced by Davos founder Klaus Schwab, Trump was still greeted with disapproving boos.

Last year almost 90% of Queensland was drought declared. For farmers and graziers struggling for survival this meant increasing reliance on groundwater.

Two protesters from Front Line Action on Coal blocked Aurizon’s coal railway near Bowen for five hours on January 9, calling on the Queensland government to rule out funding for Aurizon.

They prevented any coal trains getting to Adani’s Abbot Point coal terminal by locking their arms inside a steel barrel filled with concrete on the train tracks.

The Queensland Labor government is currently considering rail operator Aurizon’s bid for a Northern Australia Infrastructure Facility loan to build a rail link between Adani’s Carmichael coalmine and the terminal.

As 2017 drew to a close the climate movement had much to celebrate. Hard fought campaigns directed at potential financial backers had resulted in Adani’s Carmichael coalmine being a far less certain prospect as one by one financial options dissolved.

With major financial institutions in Australia and overseas ruling out support for the project, Adani had pinned its hopes on China as a possible funding source as well as a market for Galilee Basin coal. In spite of the Australian government oiling the wheels for a deal, all major Chinese banks backed away in the end.

As the decision deadline looms for the $1 billion Northern Australia Infrastructure Facility (NAIF) loan to Adani for construction of rail infrastructure for the Galilee Basin mega coalmine, a rash of protests erupted in Brisbane, Sydney, Melbourne, Townsville, Cairns, Mackay and at Adani’s work sites near Belyando in Central Queensland.

Up to 100 people gathered outside Queensland state parliament to put the incoming government on notice that opposition to the Adani coal mine will be sustained until the project has been defeated.

More than 100 people joined a peaceful march, organised by 350 Central Queensland, in Yeppoon on November 18.

The march aimed to send politicians and candidates a strong message to start listening to the people and stop “this climate wrecking mega-mine” from taking shape.

Queensland Premier Annastacia Palszczuk has announced she would veto the $1 billion NAIF loan to build the railway line to Adani’s Carmichael coal mine and the rally called on the LNP to do the same.

The future of Adani’s proposed Carmichael mine in the Galilee Basin has become intertwined with the Queensland state elections called for November 25, with the mega coalmine confronting serious problems in obtaining finance for the project.

Over the past year, Adani has been increasingly unable to secure the $5 billion it needs from private sources, as various financial institutions have begun shifting investments away from coal and towards renewables.

Under pressure from grassroots campaigns, Australia’s Big Four banks have ruled out financing the project.

The Socialist Alliance is running in the November 25 Queensland state elections to help build an anti-capitalist alternative to the two-party system. We are also supporting the re-election of progressive independent MP Rob Pyne in Cairns and calling for a vote for the Greens in other seats.

A potential new battlefield has opened up in the fight against Adani’s proposed mega coalmine for the Galilee Basin in Queensland. To date, the campaign against the coalmine has successfully pressured several companies – including Australia’s Big Four banks – to rule out financing the project.

However, as the board of directors of procurement contractor Downer EDI Mining – which is in the box seat to construct the Adani mine infrastructure – prepared to face shareholders at its November 2 Annual General Meeting, news broke that the company and Adani were in negotiations with Chinese state-owned enterprise China Machinery Engineering Corporation (CMEC) over its possible involvement in financing the project.

Winners of the 2017 Whitsundays Tourism awards, held last month at Hamilton Island, have rejected the prize and threatened to quit the organisation because it was sponsored by the mining giant Adani.

From the time of Adani’s initial application for a mining license for the Carmichael Mine project in October 2010, local farmers and graziers have had concerns about the project’s impact on ground water and the Great Artesian Basin.

This was translated into legal challenges to the Carmichael, Kevin’s Corner and Alpha mines in the Galilee Basin. The controversial Adani project, while still financially dubious, has one legal barrier to overcome. The High Court is set to bring down a decision in March on the appeal by the Traditional Owners, the Wangan and Jagalingou people.