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Australian Coal ProjectsThreatened by Drop in Demand From China

2013-12-17 19:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Yale Environment 360: Major Australian coal projects risk losing value due to falling demand from China, where leaders are increasingly concerned about growing public anger over severe air pollution, a new analysis from Oxford University has found. Future coal mining projects are vulnerable to being "stranded" by a range of policy changes from the Chinese government, including environmental regulation, carbon pricing, investment in renewable energy, and energy efficiency, the report said. One expert told The Guardian...

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