Adani, the Indian company that for years has championed construction of the proposed Carmichael project in Australia, a multi-billion-dollar undertaking that would purport to supply coal to India, is in trouble. According to its 3QFY2017 quarterly results to December 2016, pretax profit excluding one off extraordinary items was down sharply year on year. Drilling into the…

This week Australia saw Coalition ministers and MPs cradling a lump of coal brought to Question Time on Thursday by the Treasurer Scott Morrison who accused Labor of “coal-phobia” The Coalition has spent the last few months promoting “clean coal” and modern coal plant technology as a solution for Australia’s power crisis, resulting in high prices and…

And so in the latest news, a Bush-appointed Federal judge in Seattle issued a temporary nationwide restraining order stopping President Trump’s executive order banning citizens of seven Muslim-majority countries from entering the United States. h The ruling, made at the request of Washington and Minnesota, is the broadest to date against Trump’s executive order. Washington Attorney General…