Arch Rules Out Adani Carmichael Coal Mine

April 27, 2021 | 0 Comments

Arch Capital Group will not issue any insurance policies covering the controversial Adani Carmichael coal mine in Australia.

A spokesperson said, “On behalf of its underwriting operations, Arch Capital Group Ltd. confirms that it has not and will not issue any insurance policies covering the Adani Carmichael coal mine.”

According to the ‘Stop Adani’ campaign website, “If built, Adani’s Carmichael mine will destroy the ancestral lands, waters and cultures of Indigenous people without their consent, allow 500 more coal ships to travel through the Great Barrier Reef World Heritage Area every year for 60 years, add 4.6 billion tonnes of carbon pollution to our atmosphere” and more.

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