QLD COAL - JUST ANOTHER BOOM & BUST INDUSTRY? With the Beijing government prohibiting coal combustion in six key districts from 2020 the Queensland coal industry may well have peaked already. China has massive urban air quality problems and is actively changing over to sustainable, zero-carbon energy systems wherever possible, having already stated that they see their coal fired power stations as a transitional stage. Queensland needs to immediately and dramatically boost its R and D and manufacture of sustainable, zero-carbon power systems and transition from the Sunshine State to the Solar State. This has already been identified as a priority in the 30 year Queensland Plan and is the only way for Queensland to avoid ending up broke with a lot of abandoned holes in the ground.
Posted on: Thu, 07 Aug 2014 20:19:19 +0000
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