Business
The end of coal? Why investors aren’t buying the myth of the industry’s ‘renaissance’ – The Guardian
At the world’s biggest coal export port in Newcastle, no China-bound ships are waiting or scheduled to load before Christmas
CoalAt the worlds biggest coal export port in Newcastle, no China-bound ships are waiting or scheduled to load before Christmas
Three years ago, pictures of bulk carriers queued off the coast of Mackay in central Queensland were framed as evidence of a renaissance in the coal industry.
There were more than 70 coal ships in the offshore gridlock in December 2017. This year there are just 12 waiting equalling a record low mark set at the height of the coronavirus pandemic.
At the worlds biggest coal…
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