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Adrian Blundell-Wignall

How an Australian coal tax can help save the world

This country’s grip on world coking coal supplies means we are well-placed to force up prices and discourage coal use.

The World Meteorological Organisation suggests that the temperature level of 1.5 degrees above pre-industrial levels is about to be breached. Every day we see evidence of melting sea ice, extreme winds, fires, rainfall, floods and droughts.

There is no more important issue for Australia’s national interest than addressing climate change, an overriding common good that transcends specific interests of political parties, factions and companies.

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Adrian Blundell-Wignall writes on the world economy and is a former director of the OECD. He is currently in Paris.

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    Original URL: https://www.afr.com/policy/economy/how-an-australian-coal-tax-can-help-save-the-world-20231015-p5ecba