carmichael coal mine

Citibank, Deutsche Bank, Royal Bank of Scotland, HSBC, Barclays, Goldman Sachs, and JPMorgan Chase have all said they will not back the project, in part because it could jeopardize the Reef's World Heritage status, and in part because reports show the project is not financially viable.
Australia's largest ever coal project, Adani's proposed Carmichael coal mine in Queensland's Galilee Basin, has been found to have a murky and troubling maze of corporate arrangements spread across known tax havens.