Then, buy the biggest coal mining companies and shut them down (or convert to renewables). In 2016, Australia was the world's biggest net coal exporter[1] with

Then, buy the biggest coal mining companies and shut them down (or convert to renewables). In 2016, Australia was the world's biggest net coal exporter[1] with 32% of global exports and the fourth highest producer. As far as I know, all coal mining in Australia is undertaken by private companies who hold a mining lease. The $10billion could be used to buy controlling interests in some of the 10 biggest listed coal mining companies in Australia[2] and stop mining. What I don't know is if the Australian Government can withdraw a coal mining lease if it's not being used (then just reduce production to miniscule levels) or what the impact would be when the lease expires. Still, I'd suggest such a move would have a crippling near term impact on the coal mining industry, which might be enough to kick renewables along further to fill the gap. [1] https://en.wikipedia.org/wiki/Coal_in_Australia#Production,_exports_and_reserves https://en.wikipedia.org/wiki/Coal_in_Australia#Production,_... [2] https://top10companiesinaustralia.com/top-10-listed-coal-companies-in-australia/ https://top10companiesinaustralia.com/top-10-listed-coal-com...