... believes projects must be environmentally sound and socially responsible. ... is the nation’s second largest export earner. ... spends over $20 billion each year on goods, services and the community in Australia. ... earned $38.6 billion of export revenue in 2012-13. ... is investing in cutting-edge technologies to reduce greenhouse gas emissions from coal mining and use. ... accounts for three quarters of Australia’s grid electricity generation. ... has almost halved its greenhouse gas emissions intensity since 1990. ... employs around 50,000 people directly and more than 135,000 indirectly.

Exports


Coal accounted for almost 13 per cent of Australia’s total goods and services exports in 2012-13 down from 15 per cent in 2011-12. This made coal the nation’s second largest export earner after iron ore. Over the last five years, coal has accounted, on average, for more than 15 per cent of Australia’s total exports – with export earnings either on par or greater than Australia’s total agricultural exports.

Chart 1: Australia’s top 7 exports 2012-13 Source: ABS, International Trade in Goods and Services, 5368.0

Metallurgical coal

Australia’s metallurgical coal export volumes are estimated at 154 million tonnes in 2012-13, up 8.5 per cent from 2011-12. However, owing to lower prices the value of exports decreased by almost 27 per cent to be $22.4 billion in 2012-13.

Chart 2: Australia's metallurgical coal exports Source: Bureau of Resources and Energy Economics

Thermal coal

Australia’s thermal coal export volumes are estimated at 182 million tonnes in 2012-13, up almost 15 per cent from 2011-12. However, owing to lower prices the value of exports decreased by 5.6 per cent to be $16.2 billion in 2012-13.

Chart 3: Australia's thermal coal exports Source: ABS, International Trade in Goods and Services, 5368.0