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.
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.