Adani Mining Project: Revenue, Conflict of Interest, Environment, and Native Title

Adani group

Contents
Introduction.................................................................................................................................................3
Revenue stream for government from Adani project...................................................................................3
Should Australian government extinguish native title for Adani coal mine?...............................................4
References...................................................................................................................................................6

Introduction
Adani mining project, also known as Carmichael coal mine project, is among one of the
biggest mining projects in the World. Whole matter is controversial as many environmentalists in
Australia are protesting against it (Meng, Siriwardana and McNeill, 2013). Although government
is in suppose of Carmichael project but legal troubles are not ending for the Indian mining giant.
This assignment will discuss about different revenues streams which State and federal
government will receive; issue of conflict of interest will also considered in the file. Ideas like
environment protection for future generation and extinguishing native title for Adani coal mine
will also be explored in this project. An explanation on environmental issues like carbon
emission and dumping of sediment will also be included in the report. In the end, their will a
discussion on India’s growing demand of energy as this factor is forcing Indian firm to enter in
new markets.
Revenue stream for government from Adani project
Australian government is in favor of Carmichael project because they understand that
Queensland’s Galilee Basin can help country in earning billions of dollars (Amos and Swann,
2015.). This area is not used for any purpose currently but it has capacity to generate huge
amount of revenue and jobs also, for Australian people. Below will be few popular source of
revenue for State and Federal government:
Investment – Adani mining will invest more than AUD18 billion; this whole amount will be used
for developing infrastructure at the location and it will generate many indirect source of revenue
collection for Government. For example, investment will generate around ten thousand jobs. They will
get paid for their services and Government will be able to earn tax from their income. Beside jobs, an
investment of AUD 18 billion will provide business opportunities for many small businesses. Their
earning will be another source of income as it will also be taxable.
Taxation – Adani mining is going to earn a lot from this project as they will use this coal for
making electricity which will be sold in India and Bangladesh also. Whatever company will earn from
export will be taxable; it is very clear that Carmichael project is huge deal for Adani Group and they