Declining NSW coal exports since 2015 to key markets in Japan, China, South Korea and Taiwan; a dramatic drop in new and proposed coal-fired power plants in those countries;
striking moves from coal to renewables in the past few weeks by some of Asia's biggest banks, insurers and power plant developers, and increasing competition for reduced Asian coal markets were strong signs Australian coal exports face permanent decline, said energy analyst Tim Buckley in a report released today.
October 03, 2022
The heated global energy market has driven Australia’s resources export earnings to new heights, boosting government coffers by nearly $30 billion but pushing household power bills to painful highs.
Read moreOctober 02, 2022
It has one of the most stunning weeks on Australia’s rapidly accelerating green energy transition – a pledge by the country’s most coal dependent state to close all its coal generators by 2035, quickly followed by another pledge by the country’s biggest polluter to...
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