Skip to content

Australia’s Coal Shipments Face a ‘Deadline,’ Greens Leader Says

  • The country is one of the world’s largest coal exporters
  • Greens leader Bandt says net zero goals will cut purchases
Bloomberg business news
WATCH: Adam Bandt, Australian Greens’ leader, discusses the role that his party will play in driving the country’s energy transition. Source: Bloomberg

Greens Party leader Adam Bandt has warned the Australian government needs to start moving away from coal exports to prop up its bottom line, saying net zero goals in major trade partners will cut into fossil fuel earnings.

Bandt said three of Australia’s biggest export markets for thermal coal -- Japan, South Korea and Taiwan -- had all pledged to reach net zero carbon emissions by 2050 or 2060. The process to decarbonize their economies to meet those targets would act as a “deadline” for Australian coal exports, he added.