“Isn’t the only hope for the planet that the industrialized civilizations collapse? Isn’t it our responsiblity to bring that about?” – Maurice Strong, founder of the UN Environment Programme (UNEP)
AUSTRALIAN high-energy, thermal coal export earnings and volumes are running at record rates on the back of strong Asian power station demand. While it is early days, the July 2018 revenue figure is 31 per cent up on July 2017.
Strong Asian demand boosts coal exports
EXPORT volumes rose 10 per cent to a record 19.87 million tonnes, representing an annual rate of 238 million tonnes.
FEDERAL Resources Minister Matt Canavan said the figures backed up previous expectations that Australia’s high-energy coal would be in demand from Asia’s growing coal-fired power sector as it chased better air quality and lower emissions.
THE strong thermal coal exports come as combined exports of east coast thermal coal, used to generate electricity, and coking coal, used to make steel, overtake West Australian exports of iron ore as the nation’s top export.
ACCORDING to the ABS data, July’s combined coal exports beat iron ore for the third straight month, coming in at $5.58bn, compared to iron ore’s $4.74bn.
CHINESE coal-fired power generation was up 7.3 per cent in the first seven months of this year, from a year earlier.
AND Australia’s higher-quality coal, in terms of energy content, is being favoured over domestic mines and import competitors such as Indonesia as China tries to combat air pollution.
THE strength in coal prices has favoured those prepared to invest against a growing campaign and activism against thermal coal.
MEANWHILE, in Australia, global warming theory-obsessed politicians of both major parties and persuasions are giving up the countries once prized economic advantage of having cheap, reliable energy, by decommissioning and blowing up their last remaining coal-fired power plants. The Greens and Labor parties even cheering the economic vandalism…
Playford A Power Station Stack Felling
NPS West Coal Bunker and Tower Demolition
NPS East Coal Bunker and Coal Transfer Towers
NEIGHBOURING State, Victoria, whose Socialist, Hard Left government, with an obvious obsession with ‘green’ energy and the climate faith has closed Hazelwood coal-fired power station, which did not merely supply Victoria with a quarter of its power but also helped bail out South Australia who are now largely dependent on sunshine and breezes for their energy security.
ALL this destruction of Australia’s once cheap, efficient, relaible, baseload power supply has led to Australia now having some of the highest power prices in the world. South Australia officially “the highest“…
THE world has got the message: South Australia is closed for investment in heavy industry, and so, soon, will be the rest of Australia if they don’t learn from the dire consequences of destroying cheap power.
AUSTRALIA’S politicians, intent on appeasing the UN climate gods, over its own citizens, continue the mad and ruinous rush into unreliable-energy – wind and solar – assuring rampant energy poverty by denying its own citizens the use of the miracle black rock that provides cheap, reliable and increasingly ultra-clean energy via new generation Supercritical and HELE (High Energy Low Emissions) coal-fired power plants currently being built in Asia and across the globe…
CLEAN coal-fired power plants are planned or under construction in 62 countries…
“1,600 new coal-fired power plants are planned or under construction in 62 countries.”
AUSTRALIA’S (suicidal) Unreliable-Energy and UN emissions reductions goals by State :
DON’T expect to hear or read about the massive expansion of global coal-fired power stations or Australia’s record coal exports via the majority Leftist press.
THE Pravda mainstream media wants you to think that wind and solar are booming. The opposite is, of course, the truth.
FAILED unreliables are dying a rapid death as a Conga line of wised-up countries signal the end of unsustainable green-energy subsidies…