New exports needed to fill $50 billion coal hole

by Pelican Press
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New exports needed to fill $50 billion coal hole

New exports are needed to fill a $50 billion hole the loss of coal earnings will leave in the NSW budget as the world transitions to renewable energy, business leaders have been told.

Coal exports prop up the yearly earnings of Australia’s most populous state and Premier Chris Minns says finding alternatives when buyers leave the fossil fuel market will be a long-term challenge.



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