
Australia's Coal Problem: Mines Burning More Fuel, Making Less
Australia's coal miners are spending more diesel to dig the same amount of coal. As shallow seams run out, they must haul away more dirt to reach what remains underground. Yet global demand for coal power fell to a 20-year low last year. The result: rising costs meet weakening sales, making it harder to justify the billions in annual fuel subsidies taxpayers now cover.
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