China Battles the World’s Biggest Coal Exporter, and Coal Is Losing - News Summed Up

China Battles the World’s Biggest Coal Exporter, and Coal Is Losing


But with energy now intersecting with economics and the health of the planet, many coal critics in Australia are feeling ebullient, as if a turning point has already been reached. Banks in many countries are refusing to finance coal projects. “Australia is like the party boy that is still living like a 20-year-old in its 40s and 50s,” said Mr. Merzian at the Australia Institute. “If you’re Scott Morrison, you need to pivot or rip off the Band-Aid, or change the narrative. This is as good an opportunity as you can get because ultimately, it’s not your fault.”


Source: New York Times December 16, 2020 12:37 UTC



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