A couple of weekend Fairfax pieces shows how coal business is done in ‘Straya. The first is about demand:
China is considering aggressive new curbs on coal consumption as it accelerates efforts to transform its economy and tackle climate change, moves that would hurt Australia’s export revenue and place new mines in doubt.
A mandatory nationwide cap on coal use is among the likely initiatives to be unveiled in the Communist Party’s 13th five-year plan, a key economic planning blueprint slated for release next year, sources familiar with the discussions said.
