Finance Perspective: Evaluating Environmental Impact of Adani Coal

This report provides a detailed analysis of the Adani Coal Project, focusing on its environmental and social impacts. It highlights the potential harm to the Great Barrier Reef due to climate change induced by the project, the significant water usage from the Great Artesian Basin, and the air pollution risks associated with coal transportation. The report also addresses the impact on local communities and their health. It concludes with a recommendation against the project due to the significant hazards it poses to the environment, people, and essential resources like water. The report references various studies and articles to support its findings, emphasizing the need for careful consideration of the environmental and social consequences of large-scale mining projects.

Finance
Name of the Student:
Name of the University:
Author Note:

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Table of Contents
Part A- General Research.....................................................................................................................2
Answer 1...........................................................................................................................................2
Cap and trade system operations..................................................................................................2
Answer 2...........................................................................................................................................2
Voluntarily disclose social and environmental performance information...................................2
Answer 6...........................................................................................................................................2
Full Cost Accounting Involve......................................................................................................2
Part B....................................................................................................................................................3
Introduction......................................................................................................................................3
Discussion........................................................................................................................................3
Environment Impact of the Project..............................................................................................3
Water impact................................................................................................................................3
Impact on people..........................................................................................................................4
Conclusion........................................................................................................................................5
Reference:.........................................................................................................................................6
Bibliography.....................................................................................................................................7

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Part A- General Research
Answer 1
Cap and trade system operations
The form in which trading of emission is done is regarded as cap and trade. For creating
permits till the upper level of the cap, cap is set on the emission. The entities or the business that are
covered under the scheme of reducing carbon emission required to keep only one permit for each
tonne of carbon di-oxide pollution that are emitted. As trade are allowed in these permits pollution
are being charged. The price of emitting of one tonne of Co2 is equally as the price of permit in order
to generate flexibility for reducing pollution. (Arnautovic, 2017).
Answer 2
Voluntarily disclose social and environmental performance information
 To be transparent with the shareholders of the company.
 The capability of risk management across the activities of business through disclosing the
metrics related to it.
 The pressure from the stakeholder as they are more and more anticipate firms to reveal
information that delivers an truthful representation of the long-term feasibility of a
company, and the impact of its activities.
Answer 6
Full Cost Accounting Involve
Environmental administration accounting is merely a focused portion of the management
accounts that emphases on belongings such as the cost of energy as well as water, the removal of
waste and sewage. It is significant to footnote at this opinion that the emphasis of environmental
administration accounting is not all on morally fiscal costs. It comprises deliberation of substances
such as the charges vs. reimbursements of purchasing from brokers who are additional ecologically
conscious, or the consequence on the communal image of the corporation from disaster to abide by
environmental principles.
Part B
Executive Summary
The report points out the impacts on various area due to Adani coal project.

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Introduction
Mining expansion offerings both chances as harmful bearings to various local populations .The
present mining flourishing in Australia is extraordinary for the variations it is pouring in groups,
even those where possessions are not being mined.
Discussion
Environment Impact of the Project
The Great Barrier Reef has previously agonized two back-to-back simple peroxiding
occasions in 2016 and 2017, instigated by cooking water. Logical assessment of recurring
peroxiding proceedings on the reef recognised climate alteration as an important donor –that if not
alleviated would bring its decease. About 69,000 occupations are produced by reef businesses and
rendering to Tourism Queensland, additional than 860,000 persons stayed in the Great Barrier Reef
in North Queensland in the 2013-14 financial year. Henceforth additional injury or smooth damage
of the Reef would principal to important joblessness and the following deprived health and
communal consequences on those pretentious and their families. ( Arnautovic, 2017).
Water impact
The Adani mine usage an equal of 13 Olympic swaying pools of groundwater per daylight at peak
manufacture, or 12,000 million litres per year – manufacture it single of the major water users of the
Great Artesian Basin “In Queensland, mining as well as manufacturing hold just over 1 percent by
figure of the water certificates allied to the Great Artesian Basin but clarification for 10 percent of
Medics for the Environment Australia 2017. The Adani development will upsurge this by 4 percent
as well as will possibly exposed the Basin to additional water removal when other pits follow. In
yielding licences, 270 circumstances have been forced. It is improbable that Queensland, with its
deprived record of watching and directive, can achieve this scheme without important penalties.
Impact on people
Important sources of acceptable atom contamination, which donates to heart, lung disease as well as
lung cancer. Air pollution resolve be an important risk related with coal transportation at the
Australian port incurable and lengthways the railing corridor. (Makhijani & Doukas, 2015)

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Conclusion
As Adani coal project has caused too much of hazards to environment, people and even the
major requirement of life that is water. Hence it is recommend that the project shall not be
containable.

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Reference:
Arnautovic, K. (2017). Resources, race and rights: A case study of Native Title and the Adani
Carmichael coal mine.
Kirsch, P., Harris, J., Sprott, D., & Cliff, D. (2014). RISKGATE and Australian coal operations.
Makhijani, S., & Doukas, A. (2015). G20 subsidies to oil, gas and coal production:
Australia. Background Paper for the Report Empty Promises: G20 Subsidies to Oil, Gas
and Coal Production. Oil Change International (OCI) and the Overseas Development
Institute (ODI). https://www. odi. org/publications/10071-g20-subsidies-oil-gas-coal-
production-australia.
Measham, T. G., Haslam Mckenzie, F., Moffat, K., & Franks, D. M. (2013). An expanded role for
the mining sector in Australian society?. Rural Society, 22(2), 184-194.

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Bibliography
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doi 10.1080/ 09669582.2016.1251446
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Sustainable Tourism, 22(4), 507– 527.
Becken, S., McLennan, C., & Moyle, B. (2014). World Heritage Area at risk? Resident and
stakeholder perceptions of the Great Barrier Reef in Gladstone, Australia (Griffith Institute for
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