Why u discriminate against war criminals Choina?! :rage-cry:
Nooo you can’t ban our coalerinos!! :angery:
Haha trade war machine go brrr :xi:
If only there had been some kind of warning sign that coal would not be a long term sustainable industry.
Trade minister Simon Birmingham says, if true, the action could constitute a ‘breach of China’s commitments’ at World Trade Organization
Good. More people should tell the WTO to get fucked. An organization bound by next to nothing that dictates 'trade agreements' and 'business dealings' that is ran by a bunch of rich pricks has no right to exist in a decent world.
Well maybe if Australia's master, America, hadn't been blocking WTO judge appointments because it keeps getting owned in arbitration, Australia could do something about it.
They had so much time to invest in alternative energy and they kept pushing coal. Australia deserves every bit of this.
Putting on my geologist hat to add that coal has been dying for decades, even people in the industry know it. I worked auditing coal mines for a while and the only people who really believed the industry could recover were the old crop who were so stuck in their ways that it drove all of the young geologist talent with new ideas away. Any corporation devastated by the inevitable shift away from coal is just another page in the encyclopedia of capitalist inefficiency. They’ve had decades to diversify their mining operations into other more stable sources and they could have continued to rake in cash if capitalism actually functioned in the slightest of meritocratic ways.
Of course, 95% of these companies didn’t do so and then act shocked when they have to read the writing on the wall (writing which has been there since the 80s)
