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I sometimes wonder how directly some of the big flashy renewable energy projects in Australia are funded by coal exports to China...
by bigiain 2y ago
I sometimes wonder how directly some of the big flashy renewable energy projects in Australia are funded by coal exports to China...
- threeseed 2y agoBut it's offset by Australia being able to validate approaches e.g. South Australia's battery.
- Cthulhu_ 2y agoYeah, unlike e.g. European countries or US states, Australia is an island and they can't import / export electricity or connect grids easily.
- adrianN 2y agoI was under the impression that China had large coal deposits of its own. Do they really import a lot of coal?
- shakna 2y agoYes, but not for power generation. The majority of Australia's coal exports are metallurgical coal, for manufacturing. Australia owns about 58% of the global trade for metallurgical coal, which means everyone imports it from us.