When a former chair of the Australian Coal Association makes this kind of a declaration, it’s time to look beyond the deeply fractured (and fractious) national climate change debate and consider what a future without coal could bring.
Economic Impact
As electricity producers continue to embrace cheaper renewable energy options, the economics of keeping coal plants operational are becoming less and less attractive. While thermal coal export volumes have grown to roughly US$47 billion, significant uncertainties loom: Issues of cost competitiveness compared to renewable sources, local community concerns about air pollution, and global efforts to reduce greenhouse gas emissions are creating an increasingly unhealthy climate for coal producers.
Esta historia es de la edición February 2020 de The Venture Magazine.
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Esta historia es de la edición February 2020 de The Venture Magazine.
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