08.01.2013 - Coal to overtake oil by 2017: IEA
More than 8,000 jobs have been stripped from Australia’s coal sector in the past 6 months and heading into 2013 the industry continues to feel the pressure. Australian coal companies are struggling to compete on the global stage, facing increasing competition from the United States, a drop in coal prices, a high Aussie dollar and rising operation costs. However, some are hoping that India’s crippling energy problems and hunger for coal will bring Australia’s coal industry out of these dark days...............................................Full Article: Source
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