Senate debates

Monday, 10 August 2015

Questions without Notice

Climate Change

2:30 pm

Photo of Richard Di NataleRichard Di Natale (Victoria, Australian Greens) Share this | Hansard source

Mr President, I ask a further supplementary question. Given that China's coal imports have reduced by 40 per cent in the last six months, India has had an 11 per cent drop in one month, and we are seeing share values in coal companies around the world plummeting—in fact, Australian coal assets bought for $450 million four years ago are now worth a dollar—does the government stand by its forecast that thermal coal exports will keep rising into the future, and will it bet all of Australia's prosperity on this dying industry?

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