Madhusudhan Rao, one of Indias richest billionaires paid - TopicsExpress

Madhusudhan Rao, one of Indias richest billionaires paid $800million for a loss-making coal mine. Now he wants Western Australians to bail him out by paying more for coal. This follows a decision by the WA Government to pay more for coal from another struggling mine owned by Chinese company Yancoal. Read more here: ccwa.org.au/blogs/could-state-subsidies-stop-coal-export-plans#.VEdhblcyCSo Does open-cut and longwalling the Hunter and Central Coast seem like a good idea to you? Investing in coal is a great way to destroy your wealth and destroy the climate at the same time. Its time to #divest from coal! smh.au/nsw/mining-assessments-to-be-beefed-up-after-scathing-review-20140616-zs9sd.html

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