Coal king again

COAL has proven resilient in uncertain times and there is now widespread belief that it will continue to provide the nation’s baseload power and economic growth – barring a black swan event such as a financial crisis or a war with our major trading partner, China.

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Coal contributed $141 billion of $461 billion in export revenue in 2022.

In a week in which Prime Minister Anthony Albanese announced the eye-watering $368 billion cost of eight nuclear submarines, it should be remembered that tax on coal and iron ore exporters are two of