Global pivot towards cleaner, greener steel thrusts magnetite iron ore into spotlight, page-67

I'm not sure left wing ideologues are ardent admirers of capitalism. most of their policies seem to be anti business. After all they are aligned with the Union movement who has become adept at destroying business. look at Tony Shelton sent Ansett bust then turned up to industrial action at Qantas wearing a Ansett jacket. workers are better served by a profitable company than an insolvent one.
Green power needs subsidies to survive presently and even with river of green gold power prices have risen substantially driving manufacturing offshore to cheap power havens. Climate policies dictate that we should close power stations in Aus but ship coal internationally so our economic competitors have access to cheap power. We are barking up the wrong tree when we produce less than 1% of the world pollution. sanctions against China until they reduce their carbon footprint would be far greater environmentally (not economically)Than punishing 26 million people in Aus where more pollution comes from cow farts than heavy industries.