WHC 0.26% $7.65 whitehaven coal limited

The UN has no business interfering in the internal affairs of a...

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    The UN has no business interfering in the internal affairs of a sovereign country like Australia.

    At least our fed pollies seem to understand this & are pushing back.

    Australia’s Resources Minister Keith Pitt shot back by affirming coal would remain a significant contributor to the Australian economy well beyond 2030.“The future of this crucial industry will be decided by the Australian Government, not a foreign body that wants to shut it down costing thousands of jobs and billions of export dollars for our economy,” Pitt said, according to the Australian Associated Press. He pointed to three months to July that saw coal exports soar to $12.5 billion – a 26 per cent increase on the previous quarter – as evidence of just how vital the commodity remains to the Australian economy and the jobs that go with it, the AAP report said .“Coal will continue to generate billions of dollars in royalties and taxes for state and federal governments, and directly employ over 50,000 Australians,” Pitt added, in a direct challenge to climate activists who join the U.N. in demanding Australia cease and desist the practice.
 
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