Senate debates

Monday, 2 May 2016

Bills

Northern Australia Infrastructure Facility Bill 2016, Northern Australia Infrastructure Facility (Consequential Amendments) Bill 2016; Second Reading

11:25 am

Photo of Larissa WatersLarissa Waters (Queensland, Australian Greens) Share this | Hansard source

I will take that interjection, because Senator Ian Macdonald is of course a great champion for the coal industry and appears oblivious to the science and the global transformation that is taking place that is leading us towards clean energy. However, I will not take any further interjections, because we are here to actually debate the merits of the issue.

The Adani mine, as I say, has received approval from both sides of politics and both levels of government. What it has not received is finance. Nobody wants to funds this project. There are 15 banks now—two domestic and 13 international—that have ruled out funding.

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