DynamicLevels
DynamicLevels
28 Jun 2016
The odds against coal  and Adani Power
Dynamic Levels
Earlier this month, the Founder and Chairman of the Adani group (Adani Power, is a subsidiary), Gautam Adani, told Reuters that it was prepared to abandon its proposed 16 billion dollars Carmichael coal mining project in Australia, due to the delays caused by legal challenges. Some observers describe it as a classical case of sour grapes syndrome. According to Richard Denniss, who is the Chief Economist of The Australian Institute, every objective analysis of the project has found i
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