Coal news and updates

Some Queensland coal mines to trade beyond 2050 net-zero target

It has been revealed 12 coal mines across Queensland are expected to continue operating beyond the 2050 net-zero target.

Internal state government reports reveal the Carmichael coal mine is expected to remain operational until 2071, while another two mines are expected to remain open until 2099, according to The Courier Mail.

The revelations come after Resources Minister Madeleine King declared Australia will continue exporting coal and gas for “as long as we need”.

Coal accounts for 70 per cent of Queensland’s resources exports, amounting to nearly $72 billion.