Australia is fortunate to be richly endowed with a commodity that is indispensable to modern life: coal. Coal is the world’s fuel of choice for electricity– accounting for 41 per cent of all generation – because it is reliable and affordable. Coal is also an essential ingredient in the manufacture of steel and cement.
Australia has the fourth-largest share of proven coal reserves in the world. Australia has 110 years of black coal and 510 years of brown coal. Coal benefits all Australians through its contribution to exports, wages, investment and tax revenue. It is Australia’s comparative advantage in coal – together with iron ore – that has enabled Australians to sustain the longest period of continuous economic growth in the nation’s history.
Coal in Australia is under attack from powerful groups determined to shut the industry. Please support the 200,000 Australians who work in our coal industry.