- Environment groups claim the mine would contribute to global warming
- The "Stop Adani" movement organised 45 protests
- Rallies come as new polling show over half Australians opposing the mine
Environment groups claim the mine in Queensland state would contribute to global warming and damage the Great Barrier Reef.
The "Stop Adani" movement organised 45 protests.
On the sands of Sydney's Bondi Beach more than 1,000 people formed a human sign saying '#STOP ADANI', said organiser Blair Palese from activist group 350. "I think there's a very real national concern that goes beyond Queensland about the idea of giving this mine a billion-dollar taxpayer-funded loan," she said.
Analysts have raised doubts about whether Adani Enterprises can fund the mine, at an initial cost of $4 billion, given a global backlash to investment in fossil fuels.
Adani Enterprises says the project would pay billions of dollars in royalties and taxes, create jobs and export coal to India help bring electricity to rural regions.
The Australian Conservation Foundation president Geoff Cousins, one of the country's top businessmen, said it was unlikely Adani could proceed without the NAIF loan. "They've tried hard to secure commercial funding, but no bank will touch them," he said.
"Stop Adani is an issues-based campaign, and the rest of the world sees the madness of building one of the world's largest coal mines particularly when Australia has signed the Paris Agreement (on climate change)."
(Reporting by Benjamin Cooper; Editing by Michael Perry)
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