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High-energy coal to help Australia miners steam ahead in Asia

2015-11-13 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: As debate swirls around the future of coal, Australian miners are counting on the higher energy content of the coal they dig and proximity to growing Asian markets to give them an edge over rivals and defy a global push towards cleaner energy. With around $35 billion in projects in the pipeline, the world's No.2 exporter of thermal coal is relying on Asian markets using the cheapest source of power even as they try to contain soaring emissions and choking pollution. That growth in coal demand comes...

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