A mad rush for coal as China and India suspend climate correctness
During the first week of October 2021, both India and China made desperate attempts to buy the stranded Australian coal shipments in China’s port warehouses. The coal shipments, which were originally intended to be imported into China, were left stranded at the port after China banned the import of Australian coal last year. Despite this ban, China has now unloaded some of the shipments due to unprecedented demand for coal and electricity in the country. India’s industries too have made a dash to secure some of these stranded shipments as a severe coal shortage has gripped India. So, what can we [...]