Original article by Peter Ker
The Australian Financial Review – Page: Online : 12-Sep-19
Whitehaven Coal has undertaken modelling to determine the possible impact on its business of countries cutting their carbon emissions to curtail global warming in line with the Paris climate agreement. Based on a scenario where countries seek to limit temperature increases to under two degrees Celsius, demand for Australian coal would contract by under 4.5 per cent per year over the next two decades. WWhitehaven is confident it would remain cash-flow positive over that period, while it contends demand for its coal will fall less than for other Australian coal, due to low impurity levels and high energy content.
WHITEHAVEN COAL LIMITED – ASX WHC