Global coal boom to continue, says Minerals Council of Australia
This week, 60 prominent Australians called for a ban on new and expanded coal mines.
But Prime Minister Malcolm Turnbull says there will be no moratorium.
Coal miners themselves—in spite of the current slump—anticipate a prolonged coal boom in the future, mainly driven by Asian economies.
The Minerals Council of Australia says in south east Asia alone, demand for coal is expected to grow 80% by 2040.
Chief Executive of the Minerals Council of Australia, Brendan Pearson, joins Fran Kelly on RN Breakfast.Listen here: http://www.minerals.org.au/file_upload/files/media_releases/Pearson_RN_Breakfast_29_Oct_2015_final.mp3