Politics With Michelle Grattan
Keith Pitt on the climate plan and coal’s future
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:20:24
- More information
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Synopsis
Resources minister Keith Pitt might have been a “no” when the Nationals debated the government’s climate plan but he was a winner in the deal struck between Scott Morrison and the Coalition’s minor partner. He has been restored to cabinet, just months after Barnaby Joyce relegated him to the outer ministry. The coal industry faces a bleak future as the world tackles global warming. But Pitt, a forthright voice for coal, is anxious to provide reassurance that the climate plan will not do anything to accelerate its decline. “We’re not closing the coal sector, we’re not closing the gas sector, we’re not closing offshore oil. We will continue to work on markets that are available.” He says right now thermal coal is in a “very strong position [..] we’ve got more people involved and employed in thermal coal mining than we’ve had since 2012. "In the midst of the pandemic, thermal coal was under $50 US spot price - it’s currently over $240 [US].” “We’ve looked at the International Energy Agency forecast […] they’re s