Australian exposed to carbon bubble through coal resources

Australian coal exports are 11% of the global coal market, but represent 25% of a precautionary global carbon budget for coal, exposing investors in coal resourcesto potentially rapid devaluation and stranded assets, according to a report by The Climate Institute and the Carbon Tracker Initiative.

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Read more: Carbon TrackerThe Climate Instituteunburnable carbonValeclimate changeAGL EnergyAluminaAnglo-AmericanAquila ResourcesBanpuBHP BilltonCCAClimate Change AuthorityCLP HoldingsIdemitsu KosanIEAInternational Energy AgencyJames LeatonJohn ConnorMitsubishiMitsuiPeabody Energy CorpRio TintoWesfarmersWhitehaven CoalXtrataYanzhou Coal Mining