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Meanwhile here in Australia many of us are under the impression that while we may run out of buyers for our thermal coal we will still have a market for our met

Meanwhile here in Australia many of us are under the impression that while we may run out of buyers for our thermal coal we will still have a market for our metallurgical coal… “the lucky country” indeed

anonylizard 4y ago
You know Australia has the highest % of power generated by solar of any country? You know Australia is the biggest lithium exporter? You know Australia has copper, rare earths, all required for renewable energy? You know Australia also exports the most IRON, a necessary ingredient for steel, right? Where does this delusion that Australia isn't lucky come from?
- alwayslikethis 4y ago
  The same also goes for Russia. Despite exporting tons of fossil fuels their own electric grid is relatively green mostly due to nuclear power. They also are a major exporter of nuclear tech, which was not sanctioned at all.
- ZeroGravitas 4y ago
  Well, one unlucky aspect is the lack of any succesful politician that can absorb that widely available info and combine it to make Australia into an exporter of high value, green products from higher up the supply chain. Bit of a "resource curse" thing at the moment, where you can dig up the wealth and ship it out the country without necessarily enriching the wider population as much as you'd think.
femto 4y ago
Others aren't under that impression though: https://www.pv-magazine-australia.com/2022/02/23/australias-biggest-steelmaker-refines-its-green-steel-plans/ https://www.pv-magazine-australia.com/2022/02/23/australias-... It's an opportunity for Australia. We have the iron ore and we have the solar energy to make electricity and hydrogen. If the world is going have to rebuild its steel making capacity it's a chance to capture some of that.
mkj 4y ago
I'm not sure the iron ore mining companies themselves are following that thought train. As a recent example https://www.afr.com/companies/mining/fortescue-lab-succeeds-in-green-iron-experiment-20230323-p5cuol https://www.afr.com/companies/mining/fortescue-lab-succeeds-...

anonylizard 4y ago

You know Australia has the highest % of power generated by solar of any country? You know Australia is the biggest lithium exporter? You know Australia has copper, rare earths, all required for renewable energy? You know Australia also exports the most IRON, a necessary ingredient for steel, right? Where does this delusion that Australia isn't lucky come from?

alwayslikethis 4y ago
The same also goes for Russia. Despite exporting tons of fossil fuels their own electric grid is relatively green mostly due to nuclear power. They also are a major exporter of nuclear tech, which was not sanctioned at all.
ZeroGravitas 4y ago
Well, one unlucky aspect is the lack of any succesful politician that can absorb that widely available info and combine it to make Australia into an exporter of high value, green products from higher up the supply chain. Bit of a "resource curse" thing at the moment, where you can dig up the wealth and ship it out the country without necessarily enriching the wider population as much as you'd think.

femto 4y ago

Others aren't under that impression though: https://www.pv-magazine-australia.com/2022/02/23/australias-biggest-steelmaker-refines-its-green-steel-plans/ https://www.pv-magazine-australia.com/2022/02/23/australias-... It's an opportunity for Australia. We have the iron ore and we have the solar energy to make electricity and hydrogen. If the world is going have to rebuild its steel making capacity it's a chance to capture some of that.

mkj 4y ago

I'm not sure the iron ore mining companies themselves are following that thought train. As a recent example https://www.afr.com/companies/mining/fortescue-lab-succeeds-in-green-iron-experiment-20230323-p5cuol https://www.afr.com/companies/mining/fortescue-lab-succeeds-...