PRIME MINISTER PUTS COAL’S FUTURE IN PERSPECTIVE

The Prime Minister has today correctly put the place of coal in true perspective reminding Australians that coal will remain the "foundation of the world's energy needs". 

New research by the respected Manhattan Institute concludes that between 1990 and 2010, 832 million people gained access to electricity due to coal. By comparison, 65 million people gained access to electricity via non-hydro renewables. In overall terms, fossil fuels provided 19 times more new electricity access than did renewables over the last two decades. 

Renewables will contribute to the world’s growing demand for energy but the demand cannot be met without fossil fuels. As the Manhattan Institute demonstrates, renewables cannot match the low cost and massive scale of coal-fired electricity production. 

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