Australian Coal Industry
Executive Summary
The coal industry has been the primary source of Australia’s economic development and rapid growth with exports earning between $20-25 billion every year. The export of black coal in particular represented 20% of Australia’s total commodities exports for 2005-6. Global demand for energy is expected to increase at an annual rate of 1.8% and the supply for this demand will ultimately rely on coal. From an environmental perspective, while coal production and use is by no means clean, technologies are being developed to significantly decrease the production of greenhouse gases which are more cost effective than changing technologies all together. Taking these factors into consideration and taking note that Australian coal has the potential to supply all existing markets for the next 200 years, we would recommend the continued investment in the coal industry of Australia.
Australian Coal
Coal exports represent 20% of Australia’s total export revenue......
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Approximate Pages: 10 (250 words per double-spaced page)
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