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A comment on BlackRock’s decision to dump coal signals what’s next. Parent comment

Re:BlackRock’s decision to dump coal signals what’s next by bamboozled on Friday January 17, 2020 @06:09AM (#22073680)
No, the grid will have issues because there isn't a transition plan in place, it's technologically viable to run of mostly solar and wind with some gas peakers. It's obviously, politically sensitive to plan for this transition. So it hasn't happened and now you're arguing that coal is the only way to provide "baseload".

Think about how much sun covers Australia and you're telling me there isn't enough sun? What about wind, uranium and gas? Look to the stars my friend.

To your point about the ratio of thermal to coking coal. What's your point? So Australia stops exporting thermal coal, and increases taxes on coking coal to pay for the transition to a renewable grid and support coal miners while they find other work in renewables (which they should've done 20 years ago). There's no problem with that plan.

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Re:BlackRock’s decision to dump coal signals what’s next by roenxi on Friday January 17, 2020 @06:38AM (#22073817)
There are a huge number of problems with that plan. It will cost a fortune and on net more Australians will be worse off than if the government does nothing.

And that is just in Australia. The customers of our coal markets will lose out as we unilaterally try to cut them off from the raw resources they need. That is probably a cost you are willing to bear, but it is still a problem.

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