China Bans Aussie Coal | Coal Exports at Risk

#Coal #Export #HeiseSays

China is threatening to ban imports of Australian Coal. This could put Australia Coal Exports at risk and impact the economies of Queensland, New South Wales and Victoria. Looking at the scale of the Coal Industry in Australia, China’s export and import partners and current NO2 levels in the atmosphere above China we can ask if this is political posturing or evidence that China’s economic recovery isn’t doing as well as advertised.

References

China reportedly orders halt to imports of Australian coal

https://www.theguardian.com/australia-news/2020/oct/12/china-orders-halt-to-imports-of-australian-coal

Current Nitrogen Di Oxide Levels

Earth Data

https://earthdata.nasa.gov

Analysis: Coronavirus temporarily reduced China’s CO2 emissions by a quarter

Australian coal heading into loss-making territory

https://www.argusmedia.com/en/news/2102740-australian-coal-heading-into-lossmaking-territory