funding announcement, page-25

RBA

You said..."On the flip side, the brown coal reserves you stated at Yallourn, Loy Yang and Hazelwood, collectively, at today’s consumption rate of 55 million tonnes p/a ( and growing), would last a mere 45 years. It would be unlikely for the power generators to offer their reserves for export."


However, according to this report

http://www.eng.monash.edu.au/news/research-coal.html

"Victoria's brown coal reserves are the best in quality in the world, and at the current rate of utilisation will last for at least another 500 years."