18 Mar '12, 11pm

The Endpoint: Australia exporting renewable energy?: Making a submission to the Australian Government might no...

It is recognised that Australia and the coal industry are in a difficult position. There is a mass of coal lying underground and the Asian market is paying premium prices. Yet the more coal that is bought and sold, the more vulnerable we become. Asia’s core demand is energy, not coal. Asian nations are well aware of the high risks and cost of climate change, and would like wealthy countries like Australia with carbon-intensive economies to make a greater contribution towards reducing emissions – downstream emissions as well. In transforming the way we export energy to Asia, the potential to make a huge difference to the endpoint of the Asian Century is within our grasp. The opportunity for ‘transformation’ must include the coal industry. IBM is an example of a business that has made such a transformation. The calculators and typewriters that were IBM’s core business last c...

Full article: http://www.350.org/en/about/blogs/endpoint-australia-expo...

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