Small section on China.
China is 30% of world carbon emissions, 51% of global coal consumption and imports between 100 and 300 mt a year of coal.
China’s coal imports are less than 10% of its consumption but the major part of global coal trade and so drive coal price.
In the electricity sector China is 68% coal fuelled, down from a bit over 70% a few years ago, coal prices are similar to NSW export prices and the electricity price received by the major generators is about the same as the electricity price received by generators in Australia
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