Australia a top G20 leader in subsidising the coal industry

The highest amounts of total support to coal consumption were identified in Indonesia at US$2.3 billion per year, Italy and Australia, both about US$870 million, the US at US$708 million, and the UK with US$682 million, it reported.
“These tens of billions of dollars a year of G20 support to coal are not just locking in the high-carbon
economy and leading to stranded assets, they are also a missed opportunity to support a clean energy transition and to achieve other sustainable development objectives,” the study said……
‘Ecological crisis’
Jamie Hanson, head of campaigns at Greenpeace Australia Pacific, said Australia was in an “ecological crisis driven by climate change”.
“Coal is the primary cause of the climate damage that is causing extinctions all over the country, drought and fire that has torched ancient rainforests, and that has killed half the Great Barrier Reef in the last five years,” he said.
“Climate-destroying government handouts to the coal industry defy all logic – especially now, when we know that clean renewable energy is the cheapest form of new power.”
Separately, Australia’s climate ambassador Patrick Suckling has argued at a United Nations conference in Bonn, Germany that the country’s carbon reduction efforts were “having a positive effect”. https://www.smh.com.au/environment/climate-change/g20-nations-aid-for-coal-fired-power-triples-in-three-years-report-20190625-p5213r.html
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