Adan-who?

This is what Spartacus does not understand.

The Labor Party line on the Adani mine is that it has to “stack up economically and environmentally”.

Let’s just revisit these 2 tests.

Stack up economically.  How anyone who is a member of the current Labor Party can claim any understanding or knowledge of economics is unknown to Spartacus.  But more to the point.  How can a bunch of politicians in Canberra who have no “skin in the game” know more about a mining project than the people on the ground whose own money is at stake?

The answer is that they can’t.  Not only don’t Labor politicians know anything about economics, never ever having worked for an enterprise not reliant on an income stream sourced at the point of a gun, but they don’t have anything at stake.  As Nassim Taleb says, don’t tell me what you think; tell me what is in your portfolio.  Sadly though, most of these people’s portfolio is in a defined benefit pension scheme anyway, funded also at the point of a gun.

Stack up environmentally.  Let us just assume for a second that “stack up environmentally” means compliance with relevant environmental legislation.  Because given that none of these people live anywhere near the proposed development, it is unclear how they would have any clue as to the potential environmental impacts.

But more to the point, the Adani project is within the 4 walls of Queensland, which begs the question, why does the Commonwealth Government (or representatives thereof) have any jurisdiction in this matter at all?  Why is not the one and only arbiter of the environmental impact of this proposed project just the Queensland government?

But a final question, an important one.  The owners of the Adani project would be one of those evil multinationals.  Given all the efforts to make these evil people pay their fair share of tax, why is not the Labor Party supporting this project lock, stock and barrel so as to fund one of their many tax and spend projects?

Why why why?  Batman.  Da na na na na na.  Batman!

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24 Responses to Adan-who?

  1. Baldrick

    I’m sure the Labor Pardy’s position will change again once the Batman by-election is over.

  2. Roger.

    But more to the point, the Adani project is within the 4 walls of Queensland, which begs the question, why does the Commonwealth Government (or representatives thereof) have any jurisdiction in this matter at all? Why is not the one and only arbiter of the environmental impact of this proposed project just the Queensland government?

    Because of Federation in general and the Commonwealth Environmental Protection and Biodiversity Conservation Act 1999 in particular.

    I see you’ve already answered your other question.

    As to the Labor party’s ability to judge Adani’s business case, as you say, they aren’t qualified to, not that it’s any of their business anyway.

    If you think Australia is bad now, wait until Shorten is PM.

  3. 2dogs

    The Labor Party line on the Adani mine is that it has to “stack up economically and environmentally”.

    The Adani mine proposal has been on the cards for over seven years now. There have been numerous published studies over that time. If they can’t make their mind up on it, in all that time and on all that research, then it doesn’t matter what their values are, they are simply incompetent.

  4. Catfeesh?

    The Labor Party line on the Adani mine is that it has to “stack up economically and environmentally”.

    Yes, while they simultaneously quietly support every attempt to make it uneconomic. What a pack of deceitful fags.

  5. Pyrmonter

    Excellent post.

    One addition: it is not only the Labor benches that are wholly unqualified to make these assessments; the same can be said, almost to a man and woman, of their cross bench and government counterparts. The poseurs extolling the supposedly existential merits of coal are no better judges than those opposite who scorn them.

  6. herodotus

    Sorry. Too logical.
    Next!!!

  7. stackja

    Just more BS from BS.

  8. Roger.

    …while they simultaneously quietly support every attempt to make it uneconomic.

    Exactly; it’s code to warn off prospective investors.

    And don’t think others haven’t taken note, too, besides Adani.

    Betraying the country and its workers to placate inner city Leftists who are probably a net drain on rest of us.

  9. Pedro the Ignorant

    The Adani mine will never see the light of day.

    Lawfare on steroids from Green leaning cucks and their enablers will see to that.

    Too bad about all the employment and wealth it would have brought to Queensland.

    Mind boggling.

  10. Malcolm Thomas

    Q: why is not the one and only arbiter … the Queensland government…

    A: cross-border externalities.

  11. 2dogs

    cross-border externalities

    Apart from the greenhouse gas emissions, which is an odd thing to pin on a single mine, are there any cross-border externalities about this specific mine?

  12. Dorothy

    Good post. Please can someone take Alan Jones on on this, he is becoming very tedious on the subject of Adani. He states that he is not anti coal mining or CSG, he could have fooled me !!!

  13. John Constantine

    BRL Bathurst resources.

    Trading them has bought me a lot of nice whiskey, but the real money, built up into a free carried holding over years has been blown up by swampfilth and lawfare.

    New Zealand coal mining company, and a decade of constant unrelenting orc assaults is an excellent example of how it isn’t worth a publically listed company taking on the scum of the earth, who are just fighting coal because it is cool and fun to do and fills in their spare time.

    Only China could get coal out of Adani, and they could only do it over the dead bodies of the protesters.

  14. Rob MW

    How can a bunch of politicians in Canberra who have no “skin in the game” know more about a mining project than the people on the ground whose own money is at stake?

    Just the tip of the iceberg really. These cretins are running a stake through the heart of every primary production sector in this fucked up country. They’ve got the production of livestock by the nuts, basically every property producing sheep or cattle (o both) are in a permanent state of quarantine on every single sale of livestock unless, or until, 1) – a gov’t prescribed ear tag is put in each individual animal: 2) – a gov’t agency (meat & livestock Australia) ‘Livestock Production Assurance’ has been fully complied with: 3) – a property or regional biosecurity has been adopted and named and numbered – a copy of the so-called rules & standards must in the possession of each person(s) handling livestock.

    Once that is all done then the truck is right to load, then process starts all over again on each and every delivery.

  15. Up The Workers!

    If I want economic or financial advice, I’m damned if I would seek it from a political party too dumb to spell its own name correctly, and whose legendary “numbers man” and “World’s Greatest Treasurer” couldn’t even tell the difference between red ink and black ink; between six consecutive promised surpluses and his actual six consecutive massive deficits.

    Kim Kardashian or Bozo The Clown would be a more reliable source of economic and financial advice.

  16. Spring is coming

    Apart from jobs, royalties, infrastructure , education, health, technology and exports what has mining ever done for us?

  17. Entropy

    2dogs
    #2657819, posted on March 11, 2018 at 7:38 pm
    cross-border externalities

    Apart from the greenhouse gas emissions, which is an odd thing to pin on a single mine, are there any cross-border externalities about this specific mine?

    Greg coal ships pass thru the GNR, and Gzhag emissions.
    The Adani mine has satisfied every required regulation and EIS, and met the thousands of conditions dreamed up by activists in regulatory sections of government. It has prevailed in numerous Lawfare court action.
    It has met all licence conditions dreamed up by government and those within who believe the meaning of the term “public servant” is to dictate.
    So all that is left is for activists to whack “social” in front of licence to reverse the meaning of “licence”.

  18. Diogenes

    The Adani mine proposal has been on the cards for over seven years now. There have been numerous published studies over that time. If they can’t make their mind up on it, in all that time and on all that research, then it doesn’t matter what their values are, they are simply incompetent.

    Then there is the Wallarah 2 mine near Wyong – 20 years and counting. There was one numpety trying to get signatures at a local shopping centre. I asked her if she new how much had already been mined out out the ‘pristine’ northern Central Coast. Got a triumphant ‘none – because of our campaigning!’ So I pulls up the Mines Subsidence Board maps for the area – she nearly fainted.

  19. 2dogs

    Greg coal ships pass thru the GNR

    Not a cross-border externality, both are in QLD.

    and Gzhag emissions

    As I said, odd thing to pin on a single mine.

  20. Nerblnob

    He states that he is not anti coal mining or CSG, he could have fooled me !!!

    It’s very easy to take on people who say that.

    You just ask them, if they really are “not anti coal mining or CSG”, to name which new coal mines or CSG projects they are in favour of.

    I ask it of gas or oil well drilling objectors all the time, and none have ever come up with anything.
    How can they? They don’t know anything.

    Their list of specific “concerns” are complete bullshit, downloaded opinions, and just a mask for their opposition to all resource extraction in Australia. Because it’s cool to be one of that crowd.

  21. H B Bear

    The sum total of Peanut Head’s knowledge of Adani’s environmental impact comes from a $17,000 helicopter flight over The Little Reef that Could with ACF arch-hypocrite Geoff Cousins in his ear. And focus group polling in Batman.

  22. Norman Church

    If the Libs and Nats were competent, they would be running hard on this issue as a paradigm example of the modern ALP’s capture by the loony left and its utter contempt for the needs and aspirations of ordinary workers.

    Bit hard to do so when trying to placate coal-o-phobic doctors’ wives and pushing Green policies only slightly less mad than those advocated by the watermelons. Not to mention the need to maintain the value of the family investments in intermittent energy production.

  23. Muddy

    Once the scale of the difficulties became clear, Mr. Adani might have been smart to have employed a team to investigate the serial objectors, undermine and destabilise them and their organisations, and make a solid case to the Australian public. I’m not talking about your bog-standard 20-year old marketing grads with a pretty smile either. It would all be quite legal of course, but there are lesser-known and used methods of influence.

  24. Rayvic

    “One addition: it is not only the Labor benches that are wholly unqualified to make these assessments; the same can be said, almost to a man and woman, of their cross bench and government counterparts.”

    A key government polly who should be acting in the national interest is the Treasurer. Yet, in defending the current high immigration rate as it supposedly helps reduce the federal budget deficit, he recklessly overlooks the severe consequences for the state budgets — increased spending requirement for infrastructure, health, education, etc — and escalating housing prices, particularly in Sydney and Melbourne, that in turn gravely raise mortgage default stress.

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