Australia's coal industry needs to prepare for global climate action

Tony Abbott's 'coal forever' strategy relies on the world failing to develop a global agreement on climate. It's unlikely, and thermal coal, moreso than coking, needs to prepare for a taper.

The Conversation

At the recent midyear UN climate negotiations in Bonn, an unprecedented 60 countries (including Germany) called for a total phase-out of fossil fuels by 2050, as part of a global agreement on climate change to be concluded in Paris in 2015.

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