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21 Jan 2021, 5:24 pm
21 Jan 2021, 5:36 pm
21 Jan 2021, 6:08 pm
21 Jan 2021, 7:36 pm
Sweetleaf
Veteran
Joined: 6 Jan 2011
Age: 35
Gender: Female
Posts: 35,157
Location: Somewhere in Colorado
21 Jan 2021, 7:50 pm
21 Jan 2021, 8:22 pm
22 Jan 2021, 4:47 am
GGPViper wrote:
Well, all that coal production isn't going to make it easier to reach those targets...
We don't *produce* coal, we dig it up out of the ground. [joke]
But this might please you:
Quote:
The ASX looks set to wobble today after China formally blocked Australia’s multi-billion dollar coal trade after months of unofficial restrictions and contrived barriers were formalised into an outright ban by the country’s economic cabinet.
https://www.sharecafe.com.au/2020/12/15 ... l-imports/
You may not like this so much:
Quote:
‘Heavy price’: China’s Aussie ban backfires
China’s decision to stop taking Australian coal has seen prices plummet but China also appears to be paying a heavy price for its decision.
If China’s decision to block Australia’s coal exports is a deliberate strategy to hurt Australia, China also appears to have paid a high price for the move.
This year B.eijing has introduced a number of trade tariffs and other measures blocking Australian products such as barley, beef, wine, rock lobsters from entering China or making them prohibitively expensive.
China’s decision to stop taking Australian coal has seen prices plummet but China also appears to be paying a heavy price for its decision.
If China’s decision to block Australia’s coal exports is a deliberate strategy to hurt Australia, China also appears to have paid a high price for the move.
This year B.eijing has introduced a number of trade tariffs and other measures blocking Australian products such as barley, beef, wine, rock lobsters from entering China or making them prohibitively expensive.
Quote:
Increasing noise on possible policy reversal: S.hanghai Metals Market (SMM) reported yesterday that the C.hinese government was in the preliminary stages of lifting its informal ban on Australian coal imports, but that such a move would still need to be approved by senior leaders. There has been no official comment on the article. Given that China’s steel industry is facing rising costs of coke – up $140/t over the last four months – there may be a need to reconsider the restrictions currently in place, as alternative supply sources to Australian coking coal appear insufficient currently.
https://www.macrobusiness.com.au/2021/0 ... fires-big/
You do realise that Australia isn't burning the coal, right?
China. does.
And Australian coal is a very good grade and will probably be replaced with lower quality coal, if they don't get it from us, which produces higher levels of CO2.
Kind of a "cutting off you nose to spite your face", sort of thing.
22 Jan 2021, 4:48 am
Jiheisho wrote:
Well, the proof is in the pudding. Not sure a statement from the Morrison government is something I would trust on face value in regards to climate targets.
Can you trust *any* politician completely?
22 Jan 2021, 4:51 am
22 Jan 2021, 6:13 am
22 Jan 2021, 9:08 am
22 Jan 2021, 10:12 am
Pepe wrote:
Jiheisho wrote:
Well, the proof is in the pudding. Not sure a statement from the Morrison government is something I would trust on face value in regards to climate targets.
Can you trust *any* politician completely?
Especially ones that are on record denying climate change...
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