Antinuclear

Sharp falls predicted for Australia’s thermal coal exports

Australia’s thermal coal exports face 20 years of sharp falls, The Australian, September 8, 2016,  BARRY FITZGERALD  

Australia’s thermal coal exports are facing a sharp reduction over the next 20 years as the world steps up its attack on carbon emissions.

Leading industry consultancy Wood Mackenzie estimates Australia’s exports of the power generating fuel could slump from 210 million tonnes this year to 135 million tonnes by 2035

Key markets in Asia, Europe, and the Americas are all expected to record sharp falls in demand as the switch to meeting energy ­demand through energy efficiencies, nuclear power and a growth in renewables/battery storage ­alternatives steps up.

the next 20 years as the world steps up its attack on carbon emissions…….http://www.theaustralian.com.au/business/mining-energy/australias-thermal-coal-exports-face-20-years-of-sharp-falls/news-story/e059ac40237ef59ccc2889a61d68284b

September 9, 2016 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, climate change - global warming