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Thread: Coal, environment, this will hurt

  1. 16th September 2014, 03:21 PM #1
    Chucaro's Avatar
    Chucaro
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    Coal, environment, this will hurt

    Australian export risk on China dirty coal ban

    A significant portion of Australia's coal exports to China could be at risk from a Chinese government decision to block imports of lower quality "dirty" coal from 2015, potentially hitting exports worth billions of dollars.

    The government has decided to limit the use of imported coal with more than 40 per cent ash and 3 per cent sulphur in the three main coal-using regions from January 1, 2015 in a bid to improve air quality, especially in the major cities such as Beijing.
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  2. 16th September 2014, 05:38 PM #2
    Tombie Guest
    Yes..

    They also are clamping down on Sulphur and Phos in Iron Ore...
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  3. 16th September 2014, 05:59 PM #3
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    Chucaro
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    If the coal demand is reduced and the price or demand of commodities collapse I think that we have to look very seriously of concentrating in producing food.

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  4. 16th September 2014, 06:59 PM #4
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    Quote Originally Posted by Chucaro View Post
    If the coal demand is reduced and the price or demand of commodities collapse I think that we have to look very seriously of concentrating in producing food.
    Good luck with that. Have a read of a thread I just started and the person in question was also looking in Taasie.

    http://www.aulro.com/afvb/general-ch...our-farms.html
    Dave.

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  5. 16th September 2014, 07:05 PM #5
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    I know mate, it is a shame

    A BIG chunk of Tasmania’s booming dairy industry is to be sold to the highest bidder.
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  6. 16th September 2014, 09:17 PM #6
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    Depending upon Putin and Ukraine situation our exports could go up in value as a result of sanctions Europe could lose 30% of their gas supply , their options are limited to import gas from elsewhere or use coal for power in winter.
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  7. 17th September 2014, 06:39 AM #7
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    If the mining boom is about to come to a sudden halt then it's just as well Governments (past and present) made sure the big miners paid their fair of tax and the income from that was put aside for a rainy day.

    Oh, wait...
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  8. 17th September 2014, 02:21 PM #8
    Tombie Guest
    Quote Originally Posted by sam_d View Post
    If the mining boom is about to come to a sudden halt then it's just as well Governments (past and present) made sure the big miners paid their fair of tax and the income from that was put aside for a rainy day.



    Oh, wait...

    That little pearl is always amusing.

    The mining companies do pay their pound of flesh in tax...
    And salary tax
    And all the income taxes (often at high rates due to income brackets)
    And GST on all purchases made by the workers

    Yes, mining is big money... With big risk and big overheads...

    Ever wonder why the general public don't claim their piece of land and start digging? Because the cost is phenomenal....
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  9. 17th September 2014, 02:26 PM #9
    PAT303
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    My argument also,people are quick to rubbish the resource industry but forget about all the money it generates,not just directly but indirectly from area's other than the product they are exporting. Pat
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  10. 17th September 2014, 03:20 PM #10
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    Australia.
    • Iron ore mining exports going down the gurgler.
    • Coal exports gong down the gurgler.
    • Manufacturing industry gone.
    • Agricultural industry sold off to other countries.

    Welcome to the third world.

    Perhaps we'll get some development aid from Africa?

    You won't find me on: faceplant; Scipe; Infragam; LumpedIn; ShapCnat or Twitting. I'm just not that interesting.
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