Coal South Korea's Ahn Hee-Jung on coal trade: after Paris 'everything should change' Australia sells South Korea $6bn of coal a year, so Canberra unease over the governor’s anti-coal message is unsurprising Governor of South Koreas’s South Chungcheong, Ahn Hee-Jung, during his visit to Australia. Energy economics group says export market for Australian coal will decline Read more“After the Paris agreement in 2015, I think everything should change,” he says. It is the world’s second-biggest exporter of coal used for generating electricity (following Indonesia) and its exports primarily go to China, Japan and South Korea – with South Korea taking more than $6bn worth of coal each year. But recent Australian government forecasts of increasing coal demand from South Korea have been brought into question following Korea’s anti-coal moves, and the more radical those moves, the faster Australian coal exports will decline. Asked whether Australia should prepare for a declining market for coal, Ahn encourages Australia to take action to implement the Paris agreement.

Source: The Guardian February 15, 2018 16:52 UTC