China and India are the world’s two biggest importers of thermal coal and both are moving rapidly to transform their energy markets. The implications for Australia are huge. If coal is indeed in structural decline, stranded assets await – mines in the Galilee Basin, Whitehaven, Shenhua to name a few. Tim Buckley, Director of Energy Finance Studies, Australasia, for the Institute for Energy Economics and Financial Analysis, draws on 25 years of financial market experience to survey the outlook for Australian coal.
Australia’s coal industry is looking increasingly shaky – on purely financial grounds. Chinese imports are falling dramatically and reliance on India to take up the slack is ‘courageous’ at best given the Indian government’s growing push into solar.
Finance expert Tim Buckley will review the financial health of the coal industry and the implications for large controversial coal mines in Australia ranging from Adani’s megamine in the Galilee Basin to coal port expansions at Abbot Point and Newcastle, and the Shenhua Watermark mine on the Liverpool Plains.
To join the webinar you need a computer with speaker and microphone. Register (cost $6) and we’ll send the login link on the day.
Border Politics. Borders work differently depending who or what you are. Who decides? Who benefits? Why are our borders playing such a pivotal role in today’s politics? If you’re in or around Canberra on Saturday 15 August join our next Green Agenda launch with Jasmina Brankovich (via internet from Perth), Kyla Tienhaara and Josh Wyndham-Kidd. Click here to book
New at Green Agenda. Australian Life taking stock of Australia’s extraordinary natural environments and what needs to be done to live well in this land. An interview with Peter Singer on Green Ethics. Coming soon – essays on asylum seekers and human rights, growth, civil society and more. Read, enjoy, discuss!
Talking about country. The 5th Green School on the traditional lands of the Kooma Nation in south-western Queensland. Come self-contained for camping and be part of this unique insight into the challenges Traditional Owners face in looking after country. 19-21 September. More information and bookings
07/27/2015 – 07:22