The Greens are against Adani and Labor was backing off, sniffing the populist winds. Banks, terrified of green protesters, have refused to lend to the project.
Its decision will be a cost-benefit one of course – both in judging the national interest and its own. Will the gain of banning a coal mine be worth the pain.
But that, in fact, is exactly the approach we should bring to all global warming policies. Tell us how much a scheme will cut the world’s temperature and what specific gains that will bring. Then tell us the cost.
On that basis, we’d actually junk almost everything with do to “stop” global warming.
… climate change has been the alleged motivation for numerous policies, which, for the most part, seem to have done more harm than the purported climate change, and have the obvious capacity to do much more.