Despite the rise in green energy, coal is not yet dead.
Despite the rise of green energy and a global focus toward a greener future, for the time being coal is not dead.
Australia’s coal export earnings are expected to rise in 2022-2023 to recover around 212 million tonnes, as Asian economies return to normal conditions.
With the Australian government listing 116 major coal and gas projects in the pipeline each valued at more than 50 million dollars, but recent reports suggest Australia’s coal power plants are retiring two-to-three times faster than anticipated.
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