WHC 2.30% $5.51 whitehaven coal limited

Long term coal price., page-73

  1. 1,408 Posts.
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    The issue is very simple here.
    Whether you believe in man made climate change or not, waiting to see who’s argument is right, is a recipe for disaster should the modeling prove correct.
    And if the modeling is wrong, then Renewables were simply the equivalent of paying an insurance policy.

    Therefore moving away from Coal to renewables is logical notwithstanding some of the issues you point out.

    I personally am not entirely convinced on the CO2 story, but understand we need an insurance policy, and therefore support renewables.
    Carbon Capture would have been the utopian solution for Coal, but sadly for all the talk over the decades very little has been achieved.
 
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