Coal-loving Australia is world's 3rd biggest emissions exporter

bloomberg.com Environmental Protection,  International 2019-08-19 08:46:22

Australia's booming coal industry has made it the world's third-biggest exporter of potential carbon dioxide emissions locked in fossil fuels, placing it only behind oil giants Russia and Saudi Arabia.


Australia makes up 7% of all global fossil fuel exports by carbon dioxide potential, as it accounts for almost one-third of the world coal trade, according to a report August 19 from The Australia Institute, which has been critical of the federal government's efforts to combat global climate change.


'Potential' polluters

While China and the U.S. are the world's top greenhouse gas emitters in absolute terms, the report highlights the role relatively smaller polluters play in selling fossil fuels to other nations. Australia, which is also one of the biggest gas exporters, supplies economies throughout Asia, including Japan, China and South Korea.


Exports of fossil fuels and supply infrastructure play a crucial role in locking in increased emissions, and their impact is often ignored in climate change policy, The AI said in the report.


"Australia has a unique opportunity, and obligation, to face up to the climate crisis through policies to limit its carbon exports, starting with a moratorium on new coal mines," it said. "The scale of exports from countries like Australia bring into stark relief why efforts to reduce world emissions must limit both demand and supply."


In terms of its own greenhouse gas pollution, Australia generates 1.2% of the world's emissions while having just 0.3% of the population, according to the report. Domestic emissions have been rising in recent years as a number of giant gas export projects come on stream, while coal-fired power is still the mainstay of its electricity grid.


'Red line'

Prime Minister Scott Morrison has consistently said that Australia will meet the 2030 targets to reduce carbon emissions it made under the Paris Agreement, but has no clear policy agenda to reach them. His government has been a strong supporter of the coal industry, including backing Adani Group's controversial Carmichael project, which could open up a new mining region in the country.


His government last week rebuffed calls by leaders from its Pacific Island neighbors for a commitment to phase out coal. Australia's Pacific Minister, Alex Hawke, told local media that the coal industry is a "red line issue" for the nation that it needs to stand behind.


"Many argue Australia's emissions are small on a global scale, but this research shows the complete opposite," Richie Merzian, the institute's climate and energy program director, said in a statement. "Our domestic emissions are large and our exported emissions are even larger."


The AI based its analysis on data from the International Energy agency, with coal and gas figures for 2017 and oil for 2016. Emission factors for the fuels are from the United Nation's Intergovernmental Panel on Climate Change.


(Writing by Jessie Jia  Editing by Harry Huo)
For any questions, please contact us by inqury@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editors Recommendations

1 Asia coal sheds gains on demand concerns 2019-09-20

Asia-Pacific benchmark coal prices have shed most of this week's gains as concerns about waning demand began to reassert themselves against September 16's spike in oil prices. Global Coal

2 How much of China's 2019 coal import quota is left? 2019-09-20

The Chinese government has intensified administrative measures to control coal imports since 2017, issuing import quotas to individual customs and major importers. The country's coal imports remain

3 Chinese import thermal coal expected to stabilize ahead of holiday 2019-09-20

Chinese import thermal coal market is expected to wind down before the 7-day National Day holiday that starts from October 1, with buying interest fading away from end buyers and traders.

4 Port trading activity stays sparse in China thermal coal market 2019-09-20

Trading activity of spot thermal coal stayed sparse at northern Chinese transfer ports, as power plants still showed tepid buying appetite although their coal stockpiles dived to a four-month low.

5 U.S. natural gas futures dive nearly 4% on big storage build 2019-09-20

U.S. natural gas futures fell almost 4% on September 19 as a bigger-than-expected storage build and forecasts for less cooling demand next week knocked prices further off their highest in nearly five

6 China Coal Daily Track (Sep 19) 2019-09-19

Thermal coal Production area Coal supply is shrinking affected by explosive devices ban in Inner Mongolia, stricter control on coal sales invoices in Ordos of Inner Mongolia and Yulin of Shaa

7 Top 3 provinces contribute 70.2% of China's Jan-Aug coal output 2019-09-19

China's three largest coal bases – Inner Mongolia, Shanxi and Shaanxi – produced 1.69 billion tonnes of raw coal in the first eight months this year, taking 70.2% of the country's total, showed data

8 Mongolian coal exports notch a record high in Aug 2019-09-19

Mongolia exported a record high amount of coal to its main destinations, in August, showed data from the National Statistics Office of Mongolia, supported mainly by larger shipments to China.

9 World's 1st stainless steel futures will be listed in Shanghai Futures Exchange 2019-09-19

The world's first stainless steel futures will be traded on September 25 in the Shanghai Futures Exchange (ShFE), which will further enhance China's pricing influence in the international stainless st

10 China spot thermal coal demand remains dull; Oct outlook diverges 2019-09-19

Buying demand for spot thermal coal cargoes stayed dull at northern China ports, even after expectations on a potential supply shortfall were reinforced by news of production curbs in coal-rich Ordos

Most Read Articles

1 How much of China's 2019 coal import quota is left? 2019-09-20

The Chinese government has intensified administrative measures to control coal imports since 2017, issuing import quotas to individual customs and major importers. The country's coal imports remain

2 China coal output slows down in Aug, but still at a high level 2019-09-16

China's raw coal production slowed down in August, with the year-on-year growth decelerating to 5% from 12.2% a month earlier, but remained at a relatively high level, statistical data showed.

3 Indonesian thermal coal prices keep firm in pre-holiday Chinese market 2019-09-16

Indonesian thermal coal prices maintained small rises in Chinese seaborne import market late last week ahead of the Mid-autumn holiday, bolstered by intensively-unleashed demand from Chinese utilities

4 Spot thermal coal trades remain in doldrums at China Bohai-rim ports 2019-09-16

Trading activity of spot thermal coal remained in the doldrums at Bohai-rim ports in northern China late last week, although coastal utilities' coal stocks dropped alongside strong consumption.

5 China to order industrial output cuts to combat winter toxic air 2019-09-19

China will implement a half-year environmental check starting October 1, accompanied by production cuts at key polluting industrial industries, as Beijing looks to lighten the toxic smog that chokes m

6 China's longest heavy-haul coal railway Haoji to open to traffic next week 2019-09-18

Haoji railway, China's longest heavy-haul coal railway spanning 1,814.5km from northern to central and eastern areas, is scheduled to go into operation on September 24, reported Jiangnan City Daily ba

7 China regional curbs on thermal coal output may support spot market to gain 2019-09-18

Market talks about coal production curbs in Ordos, a major coal city in Inner Mongolia, have fanned bullish sentiment toward the near-term spot thermal coal market at northern ports. Sour

8 Shanxi coking coal prices softening; Mongolian coal supply stable 2019-09-16

Coking coal market kept weakening in northern China's Shanxi province in the past week. Prices of both primary and blending coking coal were weighed down by sliding demand from coke producers, pointin

9 Vietnam Aug coal imports hit record high 2019-09-16

Vietnam's coal imports hit a record high in August, showed data from Vietnam customs, buoyed by surging domestic demand, especially in industrial sector. Total coal imports came in at 4.8

10 China's slowdown deepens; industrial output growth falls to 17-1/2 year low 2019-09-16

The slowdown in China's economy deepened in August, with growth in industrial production at its weakest 17-1/2 years amid spreading pain from a trade war with the United States and softening domestic

Scan to download sxcoal.com mobile APP

X