Coal is on the way out. The head of the world's largest coal export port says it needs to prepare for the day it will no longer be viable to send coal from Newcastle to the rest of the world. And there is no doubt coal will disappear from Australia’s energy system, too. The question is just how quickly, and how messy this process will be. It is in the hand of governments to make the transition palatable.
| The market is already driving the shift away from coal-fired power. |
Net-zero emissions for any country relies on a near carbon-free electricity system that can also supply clean energy in transport and industry. In Australia, that means replacing coal power with renewables and storage.
Read the story from The Sydney Morning Herald by Frank Jotzo and John Wiseman - “The end of coal-fired power can be managed or messy.”
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