Australia backs coal-fired power and will continue to mine the resource in direct defiance of the Intergovernmental Panel on Climate Change’s (IPCC) call to phase out coal power by 2050. Deputy prime minister Michael McCormack said on Tuesday Australia should “absolutely” continue to use and exploit its massive coal reserves, despite the IPCC’s latest dire warnings the world has just 12 years to avoid climate change catastrophe.He said there would be no policy change, “just because somebody might suggest that some sort of report is the way we need to follow and everything that we should do”. Mr. McCormack told Sky News coal mining was “very, very important” because it provided 60 percent of Australia’s electricity, 50,000 jobs and was Australia’s “largest export”. Iron ore will be Australia’s biggest exporter earner in 2018-19. McCormack said he “understands the concerns” expressed in the IPCC report, but “the fact is, coalmining … and coal-fired power stations do play an important part of our energy mix in Australia and will do so going forward.” The deputy prime minister observed he hadn’t “seen anything that’s going to replace coal in the near future”, predicting it would be an important part of the energy mix “for more… Read full this story
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