Australia ranks third worldwide for new coal mines – Analysts warn of DISASTER

Australia now ranks third globally—behind China and India—for the number of new coal mines under development, accounting for roughly 7% of proposed global mine capacity and 165 million tonnes per year, with over 58% already approved or under construction. Experts warn these expansions, despite climate commitments, threaten Australia’s net-zero goals and risk creating stranded assets as global coal demand falls. Critics describe the policy push as a climate and financial disaster in the making.

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Australia ranks third in world for new coal mines, despite climate commitments, report says

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