According to this article in SMH, Adani won't happen and there...

According to this article in SMH, Adani won't happen and there is a fundamental shift happening away from coal. For example, these 3 para's...


"A fundamental solution [to address power needs and climate change] is to accelerate clean energy," Liu told his audience of energy executives. The eventual aim was "replacing coal and oil".
The rapid build-up of renewables can be deployed quickly and economically. "Clean energy is competitive," said Lui. "The only hurdle to overcome is mindset. There's no technical challenge at all".
This, and equally enlightened energy policy in India, lies in stark relief to the utterances of the Australian resources-led regime, whose unwavering commitment to new fossil-fuel projects is quite bizarre, as though it is wilfully ignoring global realities, even economic realities, by flooding an already depressed market with new sources of supply.


Read more: http://www.smh.com.au/business/mini...going-to-happen-20160404-gnxwkl#ixzz44zOYs1kL



http://www.smh.com.au/business/mini...i-is-just-not-going-to-happen-20160404-gnxwkl