Wednesday, October 28, 2020

Coal phaseout, willy-nilly

 No matter what Australia does, its coal exports are going to plunge.  This is the reality politicians ought to be facing.  Instead they lie to coal miners and people in the coal economy that coal has a future.  It doesn't.

From Simon Evans


Nearly two-thirds of the value of Australian coal exports in 2018 went to countries with coal phaseouts or net-zero targets:

26% / $14.8bn = Japan

19% / $10.6bn = China

11% / $6bn = South Korea




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