Part 4/8:
Nunan highlighted China's ongoing commitment to coal, with the country building two to three new coal mines per week, underscoring that major economies continue to rely heavily on coal for their energy needs. Similarly, he pointed out Germany's recent struggles after over two decades of investing in renewable energy left the nation vulnerable when the system failed to meet demand.
These examples serve as warnings for Australia and other nations, suggesting that abandoning coal prematurely might backfire, leading to energy shortages and economic hardship.