September 17, 2021
Economy

Australia stands by coal ‘beyond 2030’ after UN warns of economic havoc

The Australian government said Monday that the country would keep producing and exporting coal “well beyond 2030,” despite a stark warning from a top UN climate official that failing to scrap the fossil fuel will “wreak havoc” on the economy.

The comments, made in a rebuke by the minister for resources and water, Keith Pitt, puts Australia at odds with several other developed nations, which are working towards phasing out coal by the end of the decade.

“The future of this crucial industry will be decided by the Australian Government, not a foreign body that wants to shut it down costing thousands of jobs and billions of export dollars for…

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