Win / TheDonald
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Reason: None provided.

No one said you have to be smart to be a commie.

I'm no economics guy, so my take is just idle uneducated guessing.

We export both thermal and coking coal to the world.

In both categories China is our 2nd biggest importer.

Taking 2019 export numbers, China was 18% of our thermal coal exports at $4b, and 24% of coking at 9.7b.

Like you say, this impacts China not just Australia. They have to make up the short fall.

Personally, it is swings and roundabouts. The shortfall will be picked up else where. It's not that simple for another country to automatically increase coal exports by the amounts we are talking about over night yea?

If they increase exports to China, then in the short term it will be at someone else's expense?

I've also read that one of the "reasons" of the Australian coal ban, is China going more green in its energy production. This doesn't make sense, as they have just now signed a ~$2b deal with Indonesia to make up the Australian shortfall.

Why doesn't this make sense you say? Australian thermal coal is some of the 'cleanest' in the world. Comparing it to Indonesian thermal coal it has around 10% moisture compared to Indonesias 30% moisture.

What does this mean? You require less coal to be burnt for the same amount of energy produced.

Also, Australian coal has less ash, sulphur and other nasty elements, making it a 'better' option if you are going to use coal.

So, to summarise, commies are gonna commie.

spez: better paragraph spacing?

spezdispenced: nope.

58 days ago
1 score
Reason: None provided.

No one said you have to be smart to be a commie.

I'm no economics guy, so my take is just idle uneducated guessing.

We export both thermal and coking coal to the world.

In both categories China is our 2nd biggest importer.

Taking 2019 export numbers, China was 18% of our thermal coal exports at $4b, and 24% of coking at 9.7b.

Like you say, this impacts China not just Australia. They have to make up the short fall.

Personally, it is swings and roundabouts. The shortfall will be picked up else where. It's not that simple for another country to automatically increase coal exports by the amounts we are talking about over night yea?

If they increase exports to China, then in the short term it will be at someone else's expense?

I've also read that one of the "reasons" of the Australian coal ban, is China going more green in its energy production. This doesn't make sense, as they have just now signed a ~$2b deal with Indonesia to make up the Australian shortfall.

Why doesn't this make sense you say? Australian thermal coal is some of the 'cleanest' in the world. Comparing it to Indonesian thermal coal it has around 10% moisture compared to Indonesias 30% moisture.

What does this mean? You require less coal to be burnt for the same amount of energy produced.

Also, Australian coal has less ash, sulphur and other nasty elements, making it a 'better' option if you are going to use coal.

So, to summarise, commies are gonna commie.

spez: better paragraph spacing?

58 days ago
1 score
Reason: Original

No one said you have to be smart to be a commie.

I'm no economics guy, so my take is just idle uneducated guessing.

We export both thermal and coking coal to the world.

In both categories China is our 2nd biggest importer.

Taking 2019 export numbers, China was 18% of our thermal coal exports at $4b, and 24% of coking at 9.7b.

Like you say, this impacts China not just Australia. They have to make up the short fall.

Personally, it is swings and roundabouts. The shortfall will be picked up else where. It's not that simple for another country to automatically increase coal exports by the amounts we are talking about over night yea?

If they increase exports to China, then in the short term it will be at someone else's expense?

I've also read that one of the "reasons" of the Australian coal ban, is China going more green in its energy production. This doesn't make sense, as they have just now signed a ~$2b deal with Indonesia to make up the Australian shortfall.

Why doesn't this make sense you say? Australian thermal coal is some of the 'cleanest' in the world. Comparing it to Indonesian thermal coal it has around 10% moisture compared to Indonesias 30% moisture.

What does this mean? You require less coal to be burnt for the same amount of energy produced.

Also, Australian coal has less ash, sulphur and other nasty elements, making it a 'better' option if you are going to use coal.

So, to summarise, commies are gonna commie.

58 days ago
1 score