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Australia has the 3rd largest coal reserves in the world, and relatively small population, so economically it makes sense for them as upfront investment is lowe
by starfallg 4y ago
Australia has the 3rd largest coal reserves in the world, and relatively small population, so economically it makes sense for them as upfront investment is lower for coal compared to renewables, as a lot of the cost of coal power is in the extraction.
Obviously not good for the long-term, nor good for the planet, but this is the same driver for coal power also (which we indirectly contribute to due to the sheer amount of goods they export to the advanced economies).