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Australia is addicted to coal, both in consumption and export. It's been a politically hot debate here for 20 years, with mining and resource companies having a
by discordance 6y ago
Australia is addicted to coal, both in consumption and export. It's been a politically hot debate here for 20 years, with mining and resource companies having a heavy hand in our politics.
With Australia's commitment to the Paris Agreement and rapidly dropping prices of wind & solar generation (LCOE now less than coal derived electricity generation [0]), I hope this will change very soon! Also worth noting that China, where Australia sends a lot of coal, has committed to becoming carbon neutral before 2060 [1].
0: https://www.theguardian.com/environment/2020/mar/12/wind-and-solar-plants-will-soon-be-cheaper-than-coal-in-all-big-markets-around-world-analysis-finds https://www.theguardian.com/environment/2020/mar/12/wind-and...
1: https://www.theguardian.com/environment/2020/sep/22/china-pledges-to-reach-carbon-neutrality-before-2060 https://www.theguardian.com/environment/2020/sep/22/china-pl...