It is hard to know why the current Liberal government is such a coal-friendly party.
My take on this is I think the Liberal party, which once took a centre right position has now been hijacked by the far right wing of the party.
Many of these right wingers don't believe climate change is real and in fact the leader of that right wing faction has been quoted as saying 'climate change is crap'.
> There seems to be real chance that the demand for Australian coal drops by >50% in the next few years.
Australian coal will be still be selling for many years to come, only because it is generally of a much higher quality than coal from other source.
But it is definitely a dead end industry and the country would be wise to start moving away from coal as a source of income.
My take on this is I think the Liberal party, which once took a centre right position has now been hijacked by the far right wing of the party.
Many of these right wingers don't believe climate change is real and in fact the leader of that right wing faction has been quoted as saying 'climate change is crap'.
> There seems to be real chance that the demand for Australian coal drops by >50% in the next few years.
Australian coal will be still be selling for many years to come, only because it is generally of a much higher quality than coal from other source.
But it is definitely a dead end industry and the country would be wise to start moving away from coal as a source of income.