Business
China’s power game puts the pressure on Australian coal – Sydney Morning Herald
Countries like Australia, whose economy is tightly coupled to fossil fuels should anticipate economic shocks ahead unless we move swiftly to diversify our econo…
With China committing to reach net zero emissions before 2060, a timeline and a plan has been set for the curtain call on fossil fuels. As China is the largest carbon dioxide emitter and the largest fossil fuel importer, its actions reverberate globally. And with the China-Australia relationship at a low-ebb it looks like Australias thermal and coking coal exports to China could be taking an early hit.
Chinas recent announcements are not surprising. While the eye of the world has been on COVID-…
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