26 Nov '11, 6pm

Supply Chains & Carbon: Australia Is Worlds Largest Coal Exporter, Japan It's Largest Customer

Supply Chains & Carbon: Australia Is Worlds Largest Coal Exporter, Japan It's Largest Customer

There's no breaking news in this post. But, I thought it worthwhile to put some recent good news out of Australia - the carbon tax has apparently passed - in context of other developments. Bottom line: that Australian drought must have really gotten folks attention. You'll see. As this USEIA report indicates, "Australia accounted for almost one-third of bituminous coal exports worldwide in 2010; a large share of this coal consisted of coking coal used for steel manufacture. Japan is Australia's top export market for coal, accounting for about 43% of 2010 Australian coal exports. Other key markets include South Korea, China, India, and several countries in Europe." Separately, EIA estimated , that coal production in Australia grew by 99 percent, with "new projects continuing to come online every year." Coal + iron ore + limestone = Toyota's + Honda's + Nissan's + CO2 A quic...

Full article: http://www.treehugger.com/economics/australia-worlds-larg...

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