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Coal at a crossroads as ‘rational’ thinking sets in
A new report released by Deutsche Bank says the global coal market faces a combined threat of steadily growing supply and a levelling-off or decline in demand. A threat, it says, that should guide rational decision-making to delay all major expansion. But will governments really act rationally? -
How the anti-coal campaign is protecting Australia’s economy
It might seem ironic, but environmentalists and farmers fighting the expansion of coal mining and coal seam gas across Australia are the only thing likely to moderate the rude economic awakening we face when the global carbon bubble bursts and the fossil fuel industries start their inevitable, terminal decline. -
Coal hits new low as NEM demand continues to fall
The latest Cedex report finds the total amount of electricity supplied by Australia’s coal-fired generators at its lowest level in the history of the NEM. But while the report links the introduction of the carbon price to falling emissions and rising renewables output, the reduced demand for coal looks more like the new normal.
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