Guardian: The case against building Australias largest coal mine has focused on the threats of runaway climate change and ruin of the Great Barrier Reef. But finances may yet prove the key.
Leading economists and City analysts are baffled by plans from Indias Adani Group to build the A$16.5bn (8.4bn, $13.2bn) Carmichael mine and Abbot Point port expansion just as coal prices have collapsed.
If the Carmichael project fails to convince investors, it could jeopardise plans for at least eight other...