Science - Google News: Carbon bubble makes Australia's coal industry ripe 'for financial implosion' - The Guardian

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Science - Google News
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Carbon bubble makes Australia's coal industry ripe 'for financial implosion' - The Guardian
Apr 28th 2013, 21:06


The Guardian
Carbon bubble makes Australia's coal industry ripe 'for financial implosion'
The Guardian
Australia's huge coal industry is a speculative bubble ripe for financial implosion if the world's governments fulfil their agreement to act on climate change, according to a new report. The warning that much of the nation's coal reserves will become worthless as ...
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